It
might surprise you that it isn’t always the poshest villages around Haywards
Heath or the swankiest Haywards Heath streets where properties sell and let the
quickest. Quite often, it’s the ones that have the best transport links. I
mean, there is a reason why one of the most popular property programmes on
television is called Location ,Location, Location!
As an
agent who covers Haywards Heath, I am frequently confronted with queries about
the Haywards Heath property market, and most days I am asked, “What is
the best part of Haywards Heath and its villages to live in these days?”, chiefly
from new-comers. Now the answer is
different for each person – a lot depends on the demographics of their family, their
age, schooling requirements and interests etc. Nonetheless, one of the principal
necessities for most tenants and buyers is ease of access
to transport links, including public transport – of which the railways are
very important.
Official figures recently released state
that, in total, 6,170 people jump on a train each and every day from Haywards
Heath Train station. Of those, 4,764 are season ticket holders. That’s a lot of
money being spent when a season ticket, standard class, to London is £3,916 a
year.
So, if up to £18.66m is being spent on rail
season tickets each year from Haywards Heath, those commuters must have some
impressive jobs and incomes to allow them to afford that season ticket in the
first place. That means demand for middle to upper market properties remains
strong in Haywards Heath and the surrounding area and so, in turn, these are
the type of people whom are happy to invest in the Haywards Heath buy to let
market – providing homes for the tenants of Haywards Heath.
The bottom line is that property values in Haywards
Heath would be much lower, by at least 3% to 4%, if it wasn’t for the proximity
of the railway station and the people it serves in the town.
And this
isn’t a flash in the pan. Rail is becoming increasingly important as the
costs associated with car travel continue to rise and roads are becoming
more and more congested. This has resulted in a huge surge in rail travel.
Overall usage of the station at Haywards
Heath has increased over the last 20 years. In 1997, a total of 3,108,928
people went through the barriers or connected with another train at the station
in that 12-month period. However, in 2016, that figure had risen to 4,491,760
people using the station (that’s 12,340 people a day).
The
juxtaposition of the property and the train station has an important effect on
the value and saleability of a Haywards Heath property. It is also
significant for tenants - so if you are a Haywards Heath buy to let investor
looking for a property - the distance to and from the railway station
can be extremely significant.
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