A buyer’s guide to Camberley, Surrey
This month, Darren Walter, director of Waterfords estate agents in Camberley, tells us about the growing demand to live in the town.
Camberley is a medium-sized town located close to the borders of Hampshire and Berkshire. The Sandhurst Military Academy, where Prince William trained, is situated nearby and is one of the main reasons Camberley came to exist as it does today. Good schools, leisure facilities and strong commuter links continue to attract purchasers looking for a home with a prestigious Home Counties address among relaxed unspoiled surrounds with plenty of green space, parks and woodland. This is the solid foundation on which the Camberley property market will always have the luxury of retaining, and with Surrey Heath Borough Council unveiling a £310million investment plan for the town at the end of 2013, Camberley is a key investment area within Surrey right now.
Camberley has a strong retail base at The Mall Shopping Centre, which has approximately 90 units. In 2008, a new development called The Atrium was also completed, comprising apartments, a cinema, gym, bowling alley, shops, restaurants and cafes.
The town is also ideal for the avid golfer, with Pine Ridge and Camberley Heath only a few minutes’ drive from the town centre, and the A30 leading straight to Sunningdale and Wentworth golf courses, approximately 6 miles away.
The prestigious 5-star Pennyhill Park Hotel & Spa, training ground to the England Rugby team, is also located in Camberley, and boasts two award winning restaurants.
Camberley has a very strong family housing market with a good supply of typical four-bedroom, three-bathroom properties on large plots with generous sized gardens. These properties are in great demand due to the abundance of top ranking schools here, and many buyers move to the area and remain local for this very reason.
Popular infant schools include: Crawley Ridge, Heather Ridge, Prior Heath. Then there is Ravenscote Junior School and Watchetts Junior School, following on to Collingwood, Tomlinscote and Kings College secondary schools.
Being located just off the M3 with easy access to the M4, M25, and A3 makes Camberley perfectly situated for London and several major business hubs. In fact, 28% of buyers in the area are now London overflow, and we anticipate this growing as the town develops. Currently, the train link here does not go direct to London Waterloo but nearby Farnborough and Brookwood have regular services in just over 30 minutes.
Local Housing Market
Much of the area within walking distance of the town centre is characterised by large late 19th and 20th century properties, and while some have been converted into apartments, others remain as beautiful detached Victorian/Edwardian mansions. However, Camberley as a whole appeals to a wide audience due to its diverse range of properties; from one- and two-bedroom luxury apartments in Elmhurst Court and small Victorian terraced homes, right up to five-bedroom executive houses on the most sought after and prestigious roads such as Park Avenue, Crawley Hill, Tekels Avenue and Brackendale.
A typical three-bedroom semi-detached property in Camberley would currently be valued at approximately £350,000, with a four-bedroom detached house achieving anything from £450,000 to £650,000. The average sold price for a house in Camberley is £422,000 and the average rent is £1465 per month.
Find out more at www.waterfords.co.uk ; 01276 66566