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Oxfordshire a UK Property Hot Spot

Property article last modified: 04/03/2008

As UK property search agents, when conducting a home search for clients, we are seeing competition for Oxfordshire’s million pound houses becoming more hotly contested as the demand for millionaire homes increases.

So who are buying in the Oxfordshire million pound property market? Last year 43% of all Oxfordshire properties sold were in excess of £1million. Typically properties were purchased by families with the head of the household being aged between 35 and 55 years of age and of European or British descent.

Buyers are drawn to this county which covers 1007 square miles of land for a variety of reasons including:

- accessibility to major road & rail networks
- central position within the UK
- access to areas of natural beauty including the Cotswolds & the Cherwells

To the north of the county lies the market Town of Banbury famous for its canals,its rail network and access to the M40 making it very popular with commuters to London and the Midlands.

To the South of the county lies Henley on Thames famous for its royal regatta and Georgian fronted buildings. In the Halifax Property Hot Spot House Price Index Henley ranked number seven by seeing a 29% increase in prices during 2007.

In the centre of the county is the historic city of Oxford referred to as “city of dreaming spires” and home to the oldest university in the English speaking world. Sitting on the Thames it is a popular destination for tourists to the UK.

At Elite Property Search we have seen an increase in demand for Oxfordshire rural property by people wanting to take advantage of the beautiful country side and the good commutable distance and great access to the Capital.

More and more sellers are registering their property with Elite property search many months before they bring it to the open market, giving our clients first access to these purchase opportunities as sellers see the value in our discreet and confidential service. They value the professional way in which we manage the process and that we only ever take a fee from our client the buyer.

In the past 12 months we have been in receipt of over £225 million pounds worth of privately available property ranging from country cottages & Farm Houses to large Country Estates which can only be accessed through Elite Property Search.

For further information of Elite Property Search services or to register your property please contact 0207 060 2338.

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