Surrounded by numerous parks and green open spaces, Chislehurst feels like a village unto itself – attracting young families and professionals alike. Although the area is better known for its diversity in property styles and sizes offering something for everyone - it is also a commuters’ heaven, with trains to London Bridge taking just 21 minutes from Chislehurst train station. This appeal has definitely helped the area thrive and in the past 12 months the London Borough of Bromley, where Chislehurst resides, property prices have increased by 17.8%, with the majority of buyers migrating from areas including Lee, Blackheath, East Dulwich, Islington, Hackney and Clapham.
Properties in Chislehurst are always in high demand however, due to the low levels of stock for high specification apartments in the area, these have become even more so. As a result, the desire for smaller, modern, ideally hassle free, lock up and go type apartments is very high with many homeowners, whose children have grown up and out of the family home, looking to downsize. Further to this, we have definitely seen a rise in developers eager to buy and build in the area as the potential for a good investment and good return through Buy-to-Let has increased.
If you are lucky to find a new build, their designs are generally restricted by their surroundings, which typically include 1930s, Arts and Crafts, Victorian and more recent architectural styled properties. Gaining planning permission for developments can often be very tricky – the majority of schemes in Chislehurst have had to conform to their surroundings and ensure that their appearance is within keeping of the area’s existing look and feel, which I think adds to its appeal and charm.
Where to buy
Despite all of the changes in the area, Chislehurst still offers property sizes for all walks of life – one bedroom flats, which typically cost between £275,000 to £300,000, ideal for first time buyers looking to take their first step on the property ladder. There are also two to three bedroom Victorian houses found along the high street and near some of the good local schools, which typically start from around £380,000 and the grand four to five bedroom detached houses, which can be found starting from around £1.5 million.
The majority of buyers who purchase in the area are, more often than not, looking for a good school to send their children. Chislehurst offers a wide selection of junior, primary and secondary schools including Edgbury Primary School, Red Hill Primary School and Bullers Wood School for Girls. However, in recent years we have started to see a cry from parents who would like to see more single-sex schools in the area as such, Bullers Wood School for Girls has announced that they had been given permission to apply to set up a free boys-only 11 to 16 year olds, four-form entry comprehensive, which is scheduled to open in September 2016.
If you are looking to buy or sell in the area, contact our branch today.