FINE & COUNTRY THE ADDED VALUE OF LOCAL AMENI T I E S


From good schools to transport links and green spaces, local amenities can dramatically influence the desirability, and therefore the value, of your home. Jonathan Handford from Fine & Country Leamington Spa discusses how local amenities affect home values.


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Whenever you hear a conversation about proper ty prices, location tends to feature heavily, but it’s necessary to think beyond the postcode. The location is impor tant, but so are the amenities that are within easy reach of your f ront door.


One of the most power ful dr ivers of value is education. Proper ties within the catchment area of top-rated schools regular ly command a higher pr ice than those outside the zone. Parents are of ten willing to pay ex tra for the peace of mind that comes with guaranteed places at high-per forming schools.


Even if you don’ t have


children, being near a sought-af ter primary or secondary can still make for a smart investment, because it tends to underpin long-term demand.


Transpor t connections are another key factor. In urban areas, proximity to a train or underground station can make or break a proper ty’s appeal. According to several UK studies, homes within a 10-minute walk of a commuter station typically see stronger price growth than those fur ther away. The same applies to bus routes, especially in more rural areas. Good public


transpor t access offer s not only


convenience but also future-proofing, especially as the price of car ownership increases and low-emission zones expand.


Amenities that enhance lifestyle also have a clear impact on perceived value. High streets with a mix of cafés, restaurants, and independent shops are attractive to buyer s who value convenience


and community. So-called “ 15-minute


neighbourhoods”, where everything you need is within a short stroll or cycle, are increasingly seen as desirable, par ticular ly among younger buyer s and downsizer s. A vibrant local scene can lif t the area’s reputation and translate directly into higher house prices.


Green spaces are another major drawcard. Access


to park s, nature


reserves or walk ing paths can boost a proper ty ’s value while of fer ing well being benef its. In cities, a f lat with a view of a park , or within proximity to one, of ten sells faster and at a premium compared with similar proper ties without that advantage.


Finally, don’ t overlook less obvious inf rastructure. High-speed broadband, low crime rates, medical facilities, and local cultural hubs such as theatres or community centres can tip the scales for prospective buyer s. Collectively,


these amenities shape people’s day-to-day exper ience of a neighbourhood, which impacts demand and ultimately, proper ty values.


Understanding the impact of local amenities is crucial for pricing your property. For buyers, looking beyond the walls of the property to assess what’s nearby can help ensure your investment holds its value and appreciates over time.


For advice on selling or buying property, please contact Fine & Country Leamington Spa on 01926 455950 or visit www.fineandcountry.com


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