All over the nation there are little areas that are still seeing property prices growing. The resilience of these areas can be put down to a blend of the following reasons. Each micro market will not of necessity have all these characteristics, but they will undoubtedly a few of them.
1. The micro market wasn’t fashionable enough to get carried up in the bubble effect of the last few years.
2. The micro market has first class road and rail links to at least one important city with commercial and career opportunities and access to a broad range of cultural and sporting activities
3. It’s also in a pleasant area, in or close to areas of natural beauty with first class recreational and sporting activities
4. New or profoundly improved Transport Links have just or are about to profoundly strengthen the enclaves existing links to important cities or to bring it within easy reach of more cities.
This helps to understand why a disparate group of little areas spread right across the nation, such as Anglesey in North West Wales, West Cornwall, North & North West Yorkshire Villages, Cartmel in Cumbria and parts of Blackpool on the Lancashire Coast, are all managing to defy the trend of the present Economic Chaos, and indeed show steady, if small, but continuous growth in home prices. Without a doubt, anyone lucky enough to already live in one of these areas has only to send out the cry “Buy my Home”, and any number of private and professional buyers will be running to their door.
Understanding this phenomenon is highly essential for any investor in the House Sales UK market . It’s also utterly essential for anyone trying to spot any Buy or Sell House for Cash Opportunity. It’s also very valuable for anyone seeking a good long term investment in a great family home where they can follow their career & bring up their children.
In the end, if you consider it, it’s virtually common sense. You need the stable career environment ensured by a nearby and easily accessible commercial centre, and your children need the best educational opportunities you can supply for them.
Therefore, whether you’re looking for houses for investment or lifestyle reasons, if you keep these points in mind, and act on them prudently, it’s still completely possible to buck even the present unhappy short term trend, and in the long term, own an asset that’s as resistant to future downturns as it’s possible to foresee.