06 Jun Virginia Water ranks highest value town in England
With average property prices just shy of the magic £1 million mark, Virginia Water has topped the 2011 Zoopla Property Rich List, ranking the highest value town in England.
Located just 20 miles west of London and home to the prestigious Wentworth Estate where the BMW PGA Championship was recently held, house prices in the Surrey village average at £979,528 according to Zoopla markedly ahead of nearby footballers paradise, Cobham in second place (£755,997) and Beaconsfield in Buckinghamshire which ranked third (£707,043).
James Wyatt, Partner of award-winning Virginia Water estate agency Barton Wyatt, comments,
“Virginia Water is most definitely a unique place and the high property prices reflect that. Residences here are in great demand due to the nearby blue chip companies, good schools, large green open spaces, low crime rate and easy access to central London. Buyers choose Virginia Water not only for the spectacular homes available but also the luxurious lifestyle on offer.”
The desirable GU25 postcode of Virginia Water was also ranked the highest value area outside of London in the latest Zoopla index with only Kensington (£1,789,131), Chelsea (£1,372,691), Knightsbridge (£1,333,433), Notting Hill (£1,189,398) and West Brompton (£1,083,225) recording higher average property prices.
James Wyatt continues,
“Virginia Water and especially the Wentworth Estate, has become a real alternative to central London especially for families wanting additional space and privacy. We are seeing an increase in enquiries, especially from overseas buyers such as Americans, Russians, Ukrainians, Kazakhstanis and Chinese, for properties located purely on the Wentworth Estate which has become a global brand in its own right.”
Viewed as the heart of Virginia Water, the 700 hectare Wentworth Estate, designed by W. G. Tarrant in the 1920s, has been and still is a haven for wealthy individuals, their families and celebrities. Well known residents include Bruce Forsyth, Ernie Els, Thomas Bjorn, Eddie Jordan and F1 mogul Ron Dennis to name but a few. With mansions and mega mansions available to suit any taste and budget, the Wentworth Estate is most definitely where the other half live.
Due to its high end nature and boutique clientele, the Virginia Water property market, whilst admittedly slower moving than three or four years ago, has remained robust with no dramatic price corrections witnessed.
With a budget of the Zoopla average property price you could be the proud owner of a luxurious 3 bedroom penthouse apartment in Crosslands House for example, a grade II listed property with 24 hour security and exclusive residents’ leisure facilities, all for £845,000.
Or for those with deeper pockets then Birchington, the ideal family home comprising master bedroom with en-suite dressing room and bathroom, four further bedrooms, five reception rooms, kitchen / breakfast rooms, ground floor guest suite, double garage and the all important wine cellar, is on the market at £2,450,000.
For more information about owning a property in the highest value town in England, Virginia Water, contact Barton Wyatt, the experts estate and letting agents Wentworth Estate, on 01344 843 000.