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Oxfordshire Prime Property Remains HotProperty article last modified: 14/04/2008Oxfordshire estate agents have been talking about the growth in the number of million pound houses and millionaire homes coming to market for a long time. As a property search agency specialising in UK property search, we are seeing a lot of activity in the upper end of the Oxfordshire property market at the moment. We have written previously about how people are attracted to live in this mid England county for a number of reasons including its accessibility to two major cities (Birmingham and London), its access to two of the UK’s areas of outstanding natural beauty the Chalfonts and the Cotswolds or its historic cities of Oxford and Banbury. Whatever the reason it would appear that for many people Oxfordshire seems to offer the lifestyle they want as well as offering a good investment opportunity. Research by Knight Frank on the Oxfordshire million pound plus prime property market demonstrates that Oxfordshire is attracting professional families with the head of the household being aged between 35 and 55 years of age and of European or British descent. The city of Oxford itself is seeing high growth fuelled by its strong reputation for good schools and some super-prime locations are beginning to appear. The price levels within these super-prime locations are now advancing well ahead of other highly desirable areas and widely reported hot spots in the UK. A case in point is a property within Central Oxford whose details were released to the open market recently. The 4000 square foot property is commanding a price per square foot value of £783. In comparison a similar property in the London commuter suburb of Ealing famous for its film studio, and village feel is for sale at £595 per square foot, and a further comparison is the leafy suburb of Branksome Park which neighbours the infamous Sandbanks where a property at a similar price level is available for sale at £528 per square foot. The increase in prices has been driven by a supply-demand imbalance created by the increase in overseas buyers coming to the area to work in the growing local industries centred around the technology parks. At Elite Property Search we have access to in excess of £200 million worth of privately available within Oxfordshire. This privately available property is not registered with a selling agent or openly marketed and can only be accessed by contacting the Elite Property Search country house team. For further information please contact 0207 060 2338 UK Property News archiveTwo new properties soon to be completed ... full story » Farms for sale are in short supply... ... full story » Despite its reputation for prestige properties ... full story » Top end properties remain hot despite the market ... full story » Finding opportunities to purchase in St George's Hill ... full story » Pearce Avenue sets a record for Poole property prices ... full story » Elite breaks the £200 million barrier in Oxfordshire property ... full story » Competition for Oxfordshire's million pound houses heats up ... full story » More than 2000 streets have homes costing ... full story » Steve Atkins former head of Premier Mortgage Service ... full story » Where is the fourth most expensive place to live on the planet? ... full story » Many analyse the property market ... full story » Millionaire finds dream country house ... full story » Prime UK country property still in demand. ... full story » Waterside property search on the increase... ... full story » Can £70m buy you taste? ... full story » New research has found that the country house market ... full story » The best properties in Central London have risen by as much as a third in ... full story » A neglected pile has just been sold for £42m ... full story » According to recent Research one in every 223 properties ... full story » Nationwide's figures for May saw house price inflation slowing ... full story » Bristol is the UK's favourite property hunting location ... full story » House prices in England and Wales were up by 0.6 per cent in April driven by large increases in London the Land Registry reveals today. ... full story » UK house prices rose 1.1% between February and March according to the Department for Communities and Local Government (DCLG). ... full story » |
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