House prices could be set to soar in Winslow as train services to London are restored

The Buckinghamshire market town of Winslow is set to get its train services to London back - and property investors are already taking notice.
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Londoners searching for homes out of town in the commuter-and-grammar school belt will welcome the news that train services to London, lost in the Beeching cuts in 1968, are being restored to the old market town of Winslow in Buckinghamshire.

The East West Rail Developers Consortium forecasts that Winslow is set to enjoy 20 per cent house price rises above local market movements when the new services launch in 2019.

Passengers will be able to travel to Oxford in under half an hour and Milton Keynes in just 15 minutes. From there they will be able to go on to London Euston in less than 40 minutes.

Simon Wilkinson, senior partner at estate agents The Wilkinson Partnership, says investors have already begun buying in the slightly sleepy farming town. “We saw a significant increase as soon as this became a committed scheme with a start date,” he says.

Property in the town ranges from historic 16th-century cottages, priced at around £300,000 for a three-bedroom home, to contemporary detached family homes with four bedrooms, priced at around £400,000. There are also fine country houses with land on the edge of town priced at £1 million-plus.

The grandest house in town is Winslow Hall. This Grade I-listed mansion, designed by Sir Christopher Wren, belongs to Christopher Gilmour, son of the late Conservative minister Lord Gilmour. Mr Gilmour, former owner of Chelsea restaurant Gilmour’s, hosts an annual outdoor music festival at the property.

A key factor in Winslow’s favour is its schools. Winslow Church of England Combined School (primary) is rated “good” by Ofsted, and the town now has its own senior school, the newly opened Sir Thomas Fremantle Free School. Winslow is also set within some lovely Buckinghamshire countryside.

Wilkinson believes the arrival of commuters will be a fillip to the town’s existing array of independent shops and cafés, while easy access to both Oxford and Milton Keynes means there will be plenty more in the way of shops, restaurants and entertainment on the doorstep. 

“Winslow is a bit of a hidden secret at the moment,” says Wilkinson. 

Major new transport improvements always push up property prices. Areas on the Crossrail train route, for example, are forecast to enjoy house price rises of up to 40 per cent when the east-west London service launches in 2018.

The Government announced this month that it is considering a Hertfordshire branch of Crossrail, which, if it materialises, will bring areas such as Tring, Hemel Hempstead, Watford Junction, Berkhamsted and Harrow & Wealdstone into the regeneration spotlight.

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