Staines has itchy feet, 25% more of the households move than in Windsor

..... and that can only be good for buy to let landlords

An interesting indicator of an area’s property market and one which is commonly overlooked is the amount of times properties change hands.

There are 11,679 properties in Staines and 1,783 have changed hands in the last 5 years.  Our neighbours in Windsor may have almost double the number of properties with a total of 20,510 but of those only 2,586 households moved during the last 5 years.  That works out to 12% of Windsor’s property market changing hands.  In Staines just over 15% of the total market moved, meaning that you are 25% more likely to move in Staines than Windsor.

It is also interesting to compare and contrast Stanwell with both Windsor and Staines – more people are staying put there too.  With a total property number of 7,032,  only 880 have changed hands in the last five years.  This works out again to about 12% of the total property market moving over the last five years. 

It just shows there a million different ways of looking at a property investment and an area’s property market before making a decision to buy, be it for yourself, or as a buy to let investment.

If you would like to talk to us about buying property, particularly buy to let, please feel free to drop into our office on the High Street in Staines for a chat.