Importance of location

March 19th 2018
By: Melanie Hollidge
Importance of location

Our recent Valentine’s posting asking why people chose their current property only reaffirmed the importance of location. Indeed location won by a mile. Of course the mantra "location, location, location", immortalised by Kirstie Allsopp and Phil Spencer, still holds true. Location really is the most important consideration when buying a property. 

Deciding where to live is probably one of the most important property decisions you will make. It will impact on every aspect of your life. But what is important to people in terms of location varies from buyer to buyer.  At the top of the list is, of course, the geographical location of the property, and then it is important to consider its situation. Looking for a location within that geographical location with all the amenities you require is important. 

For parents, top of that list will probably be being in the catchment area of a good school is important and properties near table-topping schools often come at a premium price. If you have a family you will probably be looking for a location with lots of opportunities to be outside, local parks or access to countryside become more important.

Transport and accessibility is often right up there on the importance of location list. Accessibility to tube or rail links main roads in and out of the city and access to airports play a part. These impacts massively on your work-life balance. A long commute can have a negative impact on your quality of life. Additionally, you have to consider the possibility of a change in employment status. Does the area you are looking at have other job opportunities in your area of expertise? 

A great neighbourhood will not only help you enjoy your life it will help sell your home. It is the best advice to buy a property in the best location you can afford.  Houses in locations of increased demand tend to sell faster and for more money than similar houses in less attractive areas. 

If location is important to you then why not contact your local branch of Goodfellows, as we have an in-depth knowledge of the local area in and around Surrey and South West London.