Newspaper article The Evening Standard (London, England)

Kate's Village Is a Hotspot; Paddington Commuters Have 14 Station Choices, with West Berkshire Best for Value, Says Ruth Bloomfield

Newspaper article The Evening Standard (London, England)

Kate's Village Is a Hotspot; Paddington Commuters Have 14 Station Choices, with West Berkshire Best for Value, Says Ruth Bloomfield

Article excerpt

Byline: says Ruth Bloomfield

ATINY village in the heart of Kate Middleton country is enjoying the best property performance for Paddington station commuters. Midgham in West Berkshire has seen average prices grow 22.5 per cent to PS451,302 in the past 12 months, while inner London prices grew just 13.4 per cent in the same period, according to a study by Savills. The report compared the property markets of 14 railway station stops that are within an hour's reach of Paddington.

With a population of about 350, Midgham sits north of the River Kennett and is roughly three miles from the Duchess of Cambridge's childhood home at Chapel Row near Bucklebury. Midgham station is approximately a mile up the road, in the neighbouring village of Woolhampton. Trains to London take about 55 minutes and an annual season ticket costs PS4,188.

"There has always been a migration west out of London when people want to start families, and they get better value in West Berkshire than they do in East Berkshire," says Charles Robinson, director of Jones Robinson estate agents.

Buying in Midgham or Woolhampton would cost between PS300,000 and PS400,000 for a two-bedroom cottage. A four-bedroom detached house would be about PS950,000, while a manor house with a big garden would cost from PS1.2 million to PS1.3 million.

TAPLOW, BUCKINGHAMSHIRE FOR LONG-TERM GROWTH When it comes to longer-term price growth, Savills' study shows that Taplow has had the strongest recovery since the recession hit.

Prices in this riverside village are now 33 per cent higher than they were at the peak of the market, standing at an average of PS471,966. Trains to London take only 40 minutes and an annual season ticket costs PS2,808.

Timothy Gerrard, a partner at Chewton Rose estate agents, says these convenience factors help to drive up prices.

"It really suits people who want to get away from the urban sprawl, but not too far away," he adds. Taplow is about three miles from Maidenhead, where there are more shopping choices, and from late 2018/2019 residents will be able to take Crossrail services directly to the West End and the City. …

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