Steve Panther, ABMThis year, Farnborough has proved as popular as ever with an increase in new developments and a rise in demand for property in general.

New developments that we have dealt with include three phases at Queensgate, Equinox Place in the town centre, Fern Hill Place and Fox Villas. These developments, along with others, have combined to accelerate prices upwards and have helped to quench the exceptional demand for properties that is certain to continue into 2014.

The “Help to Buy” schemes have and will continue to bring much needed constructive support to the recovery of the market.  The re-sale market for “second hand homes” has naturally benefitted from this as well and with the diverse range of styles and ages of houses within the GU14 area, there is most definitely something for everyone.

Farnborough will always prove to be an exceptionally popular destination for home buyers and investors as although a Hampshire town, it is bordered by Surrey and Berkshire, thus providing good sensible value for money compared to these historically more expensive counties.  The hub of this demand is also perhaps geared around the Farnborough Airport which is seeing a lot more “aircraft movements” in and out of the town.  This can only be a positive thing for Farnborough which is so steeped in aviation history and naturally magnetises Blue Chip companies.

Farnborough has much more to offer with the Main Line Station for Waterloo or Southampton, Farnborough North Station for Gatwick or Reading and the M3, A331 and A325 providing good road arteries for surrounding towns & cities.  There are also excellent educational facilities that, in my opinion, are second to none with a high number of infant, junior and secondary schools supported by further educational facilities including Salesian College, Farnborough Hill, Farnborough 6th Form College and The Farnborough College of Technology.

2014 most definitely bodes well for Farnborough.  The expansion of Queensgate, the redevelopment of the centre that includes a cinema complex and the imminent re-development of local MOD/Army land, will bring more houses and thus more demand to an already vibrant area which  has exceptional infrastructure in place to embrace this.

Steve Panther

Assistant Branch Manager, Farnborough.