Market town of Sudbury to outperform the market
“With eight offices situated along the A12 and mainline railway corridor, Fenn Wright has experienced a wave of buyers moving out from London into the county of Essex and to fast growing commuter towns like Chelmsford and Colchester.
However, there is also a second wave of buyers, who initially gravitated to areas that allowed easy station access. These movers will now compromise on travel if that means they can reside in a town that retains its traditional feel and charm amid beautiful surroundings. This is a trend which reflects the rise in homeworking and as a result, the train is only required for commuting two or three days a week.
Sudbury, in particular, has all the charm and character of a Suffolk market town, fascinating history, a gentler pace of life and picturesque walks alongside the River Stour (dog optional but recommended!), but still has great access to the City. A two carriage train connects with Marks Tey main line station for commuting days and the extra time taken can be spent working on the laptop or tablet.
The rewards are plenty. Buyers get more house for their money and a lifestyle that many wouldn’t exchange for one of the busy commuter towns.
We predict the continued demand for this lifestyle will ripple out further from the immediate commuter towns to places like Sudbury. This suggests that prices will also rise to reflect the fact that some commuters are ready to trade off a slightly longer (but productive) commute for a better lifestyle.
Add to that the influence of nearby market town Bury St Edmunds, a town with near full employment, and Cambridge with its world class university and Europe’s largest cluster of technology businesses, and in Sudbury you have a town ready to outperform the market.”