A Few Facts About The Property Market In Widley
A landlord who has invested in rental properties throughout Waterlooville asked me about the property market in his home village of Widley. The village contains three pubs and one is always within walking distance. My personal favourite is the Churchillian, especially on a nice sunny day or evening to sit in the garden and look over Portsdown Hill. There are good commuter links to London or Portsmouth via the A3 or Havant or Cosham train station. Widley is the home to several little shops on London Road including 1st Quay Fish and Chips, which has a 4.4 star rating on Google and holds a high reputation amongst the locals and even those who aren’t so local. If you haven't tried it I would recommend it!
What we found out about the village was quite interesting. The average value of a property in Widley is £340,268, which is just £1,614 above the average of its neighbouring village of Bedhampton. The most expensive street in Widley is The Crest, where an average property is worth around £439,000. There has been 14 transactions on this street since 1995, which gives a transaction rate of 87.5%. Only 3 properties have sold in the last 2 years, prior to this there wasn’t a sale on the street since 2013.
The most expensive property was a lovely 4 bedroom detached house on Hilltop Crescent, which sold for £665,000 in 2017. The average rent in the village over the last 12 months has been £869 per month, based on the average price of a price this would be a yield of 3.06%. Only 30 properties have sold within Widley in the last 12 months, according to the Land Registry.
If you would like to discuss property in the area, you are welcome to give me a call - 0333 772 0718 or drop me an email email@example.com