Good schools, good commuter links and a good kitchen; traditionally, this is what has been considered to be the magic triad of priorities for buyers, however new research has suggested that this is no longer the case. Read on to see what buyers are prioritising whilst on the hunt for a new property…
One country-wide poll has shown that a budget supermarket has ousted the school catchment area for one of the top spots in buyer priorities, with almost 40% of those surveyed stating their desire to live within close proximity to an Aldi or Lidl. The desire for good-value shopping could be linked to the need to economise after purchasing a new property, so it is no surprise that it is the younger generations who rate the budget supermarket highest; some 54% of 18 to 24-year olds want to live near to one. This figure gradually declines to 34% of over 45s sharing the same view.
School catchment areas remain high on the wish list of buyers with 29% saying that they would move home in order to be in a specific catchment area.
Click here to see our article on the catchments for Belleville and Honeywell Schools.
The outright top spot on buyer priorities, however, is for a scenic view with 44% of people preferring a property with scenic surroundings. For decades now, the proximity of Clapham, Wandsworth and Tooting Bec Commons together with Battersea Park, has helped make our local area a magnet for singles, couples and families alike.
Budget supermarkets follow this in second place, and local bars and restaurants come in at third in the wish list of buyers.
Once a property move is completed, research also revealed what people first investigate once they have moved to a new area. Public transport links are the first item which people look into with 21% of people researching this immediately, followed by local schools, crime rates and broadband speeds.