There has been some positive news for the local area recently with the signing of a £70 million contract which is set to bring a range of benefits to Biggleswade.
One of the most important features of these benefits, is that they are for features and functionality that are known to have a positive impact on house prices. Many factors shape the demand for homes, and what buyers are willing to pay for a home.
Schools and transport shape buyer demand
Homeowners can influence demand and value by improving their home, but equally, there are many external factors which dictate how the market performs. Schools and transport are crucial factors in the housing market, and there are positive changes coming to the local area.
The funding will secure:
· New secondary school places
· An integrated transport interchange at the train station
· A replacement bridge located to the north of Biggleswade
There is also significant news with respect to the power infrastructure in the local area. The amount of electricity available to the area will be more than doubled, and this brings a whole host of benefits.
There will be job benefits and business growth developments, both of which are crucial to the housing sector.
Green homes and areas are in higher demand
Also, Biggleswade will benefit in moving towards a more sustainable level of energy supply and usage. This is expected to encourage the use of environmentally friendly products, such as the introduction of more electrical charging points for vehicles.
With more people placing environmental issues at the heart of their buying decisions, anything which makes maintaining a sustainable lifestyle easier to manage in Biggleswade must be viewed as a positive outcome.
At Country Properties, we are more than happy to provide you with a property valuation. We understand the impact local schools, improved transport services and even environmentally friendly matters have when it comes to the housing market, and what buyers are willing to pay for a home.
These changes offer short and long-term benefits to the local community, and the Biggleswade housing market in general.
Councillor Kevin Collins, executive member for planning and regeneration at Central Bedfordshire Council, said: “We are absolutely delighted to be able to sign on the dotted line. Securing funding for vital services and infrastructure demonstrates our commitment to planning for, and delivering, sustainable growth. During the Local Plan consultations, we heard loud and clear from the public that they want to have the right schools, facilities, health services and transport links in place ahead of the houses: that’s exactly what we’ve done here, and why we’ve worked so hard to secure this money.”
Homes England’s director of infrastructure grants, Sophie White, said: “Our multimillion-pound funding in the Biggleswade infrastructure will resolve much-needed capacity improvements to the electrical power network as well as education, road and rail infrastructure."
In line with Government guidelines, our Biggleswade branch is open and our and lettings personnel staff are on hand to assist you. If you have any queries or need advice on property sales and lettings then please call 01767 317799 or email email@example.com.