M Winkworth plc, the largest single estate agency brand in London, announce that their Clerkenwell branch have published their spring 2012 Insight, which shows that the Clerkenwell area is continually a popular place for people looking to invest their money in property.
Online PR News – 27-August-2012 – London – London, United Kingdom (20h August, 2012) – M Winkworth plc, the largest single estate agency brand in London, announce that their Clerkenwell branch have published their spring 2012 Insight, which shows that the Clerkenwell area is continually a popular place for people looking to invest their money in property.
Winkworth highlights two predominant factors which are currently enticing people to the area. The first is the development of the Crossrail network, providing convenient communications to central London, Heathrow and more.
Secondly, with the majority of properties in Clerkenwell being priced at less than £2m, this means that the budget has not been detrimental to the market in the area, and is instead actively bringing people to the district.
The area, covered by the Winkworth Clerkenwell team, encompasses many different distinct submarkets to cater for a huge variety of demand.
A spokesperson for Winkworth commented: “In the past year, highest average sales values for flats were to the south of our market area, between the river and the Holborn Viaduct. Taking in the area around St Paul's and the city, this area performed the most strongly over the past year, with the average prices for flats rising by 11%, to just under £600,000.
“In comparison, the lettings market has seen a quiet period lately which is to be expected for this time of year. The office can generally rely on the market picking up in late August when students begin to look for new places to live.”
For more information on Winkworth’s estate agency and property availability in Clerkenwell, please call 020 7355 0220 or visit www.winkworth.co.uk.
Winkworth is a leading franchisor of residential real estate agencies and is admitted to trading on the AIM Market of the London Stock Exchange.
Established in Mayfair in 1835, Winkworth has a pre-eminent position in the mid to upper segments of the central London residential sales and lettings markets. Winkworth has in excess of 90 offices, with 60 in London alone.
The franchise model allows entrepreneurial real estate professionals to provide the highest standards of service under the banner of a well-respected brand name and to benefit from the support and promotion that Winkworth offers. Franchisees deliver in depth local knowledge and a highly personalised service to their clients.
M Winkworth Plc
11 Berkeley Street
Tel: 020 7355 0220