February 15, 2021
Is Now the Right Time to Invest in Radlett Property?
Radlett is one of Hertfordshire’s most prestigious residential locations. Once a quiet rural village, it’s now a hotspot for commuters, families and investors alike – thanks to its transport links, stunning period properties, and great local amenities.
It’s definitely a ‘village on the up’ -and if you’re thinking of buying a home here, now is the time to do so. Here are just a few reasons why.
Why you should buy a property in Radlett ASAP
Property prices are continuing to rise
Radlett has been desirable for decades – something that’s reflected in its property prices. Average house values have risen by a staggering 218.93% in the last twenty years, and current trends suggest they’ll continue to increase as time goes on.
If you’re looking for a home that offers good ROI from capital growth, this village is definitely a location to consider. It’s got everything you need right on the doorstep; and this is something homebuyers have already noticed. As such, it’s worthwhile investing as soon as possible, before prices rise any higher.
The pandemic has changed priorities
The COVID-19 pandemic forced everyone to re-evaluate their homes – thanks to spending so much time in them during lockdown. As a result, many city-dwellers (especially those in Central London) started to search for properties that offered proximity to the countryside, plus plenty of outdoor space for the family.
Unsurprisingly, this caused an uptick of interest in Radlett’s property market. Homebuyers can purchase a good-sized house with a garden here, for the same price as a small apartment in the heart of the capital. This will inevitably push prices upwards over time, which means it’s sensible to buy a home in Radlett as soon as possible.
It caters well for its residents
Radlett has an excellent reputation for meeting the needs of its residents. The train station is a huge attraction for commuters, as it takes them into London in just over half an hour. The Radlett Centre hosts a variety of performances throughout the year, and there are numerous great independent shops, pubs and cafes to enjoy.
With more people choosing to move to Radlett, it’s likely that these amenities will improve even more as time goes on.
The property market offers something for everyone
One of the best things about Radlett is that no-one is priced out of the market. For example, a contemporary two-bedroomed apartment can be purchased for as little as £140,000, using the Shared Ownership scheme. First-time buyers will find a wealth of flats and small terraces here, while large families will appreciate the range of detached homes on offer. For a village, it’s an impressively active market – and homes seldom stay available for long.
The schools continue to perform well
The village attracts plenty of families, thanks to its good range of schools. These schools, both primary and secondary, regularly get positive results in their Ofsted inspections and offer a high standard of education to their pupils. Radlett is also close to the Haberdasher’s Askes Schools (Girls and Boys), which are regarded as being among the best in the country.
(Photo Credit: Steve Bowbrick)