Leamington Spa & Warwick Property Market Update
Leamington has always been a town which benefits from its central location, just a short drive from Stratford-upon-Avon, Warwick, Kenilworth and Coventry, Leamington is also well-connected by rail to business hubs including London and Birmingham.
Let’s start with some fun facts
Overall prices have continued to grown by 0.7% since the end of April.
An average price per square foot for property in Leamington is currently between £300 and £400 depending on condition and location.
There has been a shift in the most expensive roads in Leamington, previously held by Northumberland Road and Cloister Crofts
The top 3 best selling streets in Leamington are measured by the proportion of sales in the last 5 years versus the amount of houses in the street.
top the bill Was Gullimans Way at 61% of homes in the road changing hands in the last 5 years
Chapman Close – 58%
Clapham Street – 55%
Watch this video to find out more
Strong local employment is also a major draw, with Jaguar Land Rover and Aston Martin both based nearby, as well as the National Grid, Warwick University and a host of digital media companies.
Streets including Lansdowne Circus, Binswood Avenue and Milverton Terrace, typified by large Georgian and Regency homes, are highly sought after among young professionals and families. Our analysis of listings data shows a gradual rise in the number of properties listed for sale over the last year, particularly at the top end. Leamington’s strong track record of house price growth and the appeal and convenience of town centre living should help underpin prices and activity going forward.
The underlying economic environment also remains favourable, with buyers able to take advantage of historically low interest and mortgage rates.
Having lived in Leamington all of my life, I know why it was voted the happiest town to live in the UK. I love the surroundings, the shops, the countryside, the villages, the restaurants……its such a great place to bring up my family…I will never move out of this area.
So I hope you enjoyed watching this video, and if I can help you answer any further property questions, please call me on the number at the end.
If you need me to answer any other property related questions regarding your home, please call me on 07989 596836.
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