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Watford round up of 2019

The property market has been in the headlines almost as much as that dreaded word “Brexit” this year. Most of the publicity surrounding the market has been quite negative and stating that the market is very stagnant, and vendors and buyers are non-committal. In Watford this hasn’t always been the case. Being within close proximity to London and with fantastic transport links including M1 and M25 motorways and also the choice of three stations including Watford Junction Station which has a fast train into London Euston within 15 minutes, makes Watford ideal for those that work in town. Beyond this is, I believe, is one of the main reasons that prices haven’t faltered as much as other areas.

We have seen good levels of viewings and plenty of offers coming forward on most of our properties and this is because we are open and honest about the market from day one and we don’t over inflate prices just to get a property on the market. We firmly believe that if you get the price right, then you will receive offers and we are confident of this, which is why we offer all our vendors a 0-week contract with just a 14 day notice period. This gives the vendor complete flexibility to withdraw from the market if their circumstances change at any stage.

In 2019 we made the decision to close our branch located in Langley Road, Watford. This was not a whim and certainly not indicative of the market, this was purely a business decision and when looking at the amount of people that registered with us in a 12 month period and how many of those walked through the office door it has made perfect sense. The majority of our business is online now with over 90% of people searching for a property via one of the portals available, with more searching on their phone than ever. We still have an office presence and can meet either in our Croxley office or at someone’s property. Since relocating into our Croxley Green office, we haven’t seen a slow down in the amount of people registering and in fact as I write this, we have just had 2 of our busiest Saturdays. We are still getting plenty of people through doors and we are very positive about 2020.