Why you should move to...Caversham
PUBLISHED: 11:19 09 January 2011 | UPDATED: 21:41 20 February 2013
House hunters in RG4 are still keeping agents happy. Danusia Hutson discovers what makes a suburb of Reading so appealing...
Just a mile out of Reading, Caversham is particularly well placed to provide all the benefits of a major town, combined with the desirable qualities offered by a village community. Buyers who want the best of both worlds are keen to move here.
Several local estate agents report a brisk trade, with 50 per cent of buyers coming out from London. Prospective residents are attracted by the excellent state schools, low crime rate and the ease of commuting.
Stephen Christie-Miller, head of Savills Henley sales, explains: Surrounded on one side by beautiful countryside and the Mapledurham Estate, the town provides a good selection of local shops, an excellent range of schools and, for commuters, its close proximity to Reading (including the station with its fast service to London Paddington) makes it a highly desirable place to live.
The Warren is considered to be the most sought-after part of Caversham, mainly because of the views it provides over open countryside and its proximity to the Thames and Savills currently has a 3.45 million property there on its books called The Fishery. The Grade II listed property boasts its frontage onto the Thames.
At Romans in Bridge Street, manager Craig Kirkman, says the market is still very bouyant with a good number of new buyers registering every week.
He goes on: At the upper end of the market, the Caversham Heights area is very popular, and we have seen an increase of buyers from London.
By way of comparison he cites a five-bedroom semi-detached Edwardian home in Clapham which would be priced at around 800,000, against a similar property in Caversham Heights at 525,000. Other popular areas include Woodcote Road, Caversham Park Village, Lower Caversham and Emmer Green.
This is not an area which can accommodate very much in the way of new-build projects, but recently a small, high-spec courtyard development has been completed at Academy Court, which is ideal for first time investors.