My aunt and uncle live in Woking, about 30 minutes out of London. We walked through the high street yesterday. What was most striking is that the real property offices were that they are almost side-by-side in the center of town. Each had window displays of available listings, some on high tech screens, others with printouts taped to the windows. We dpn’t really see that around Portland. The only place that comes to mind is the Moda Realty office right next door to Windermere in Portland Heights. I think there were five offices within six available office spaces. It looked like there were probably 10-20 agents in each office; there are 70 in our office and no one is just going to happen by to browse listings from the street. I think our office is the rule, not the exception around Portland.
Where does you dollar go in Woking? Not far. With the exchange rate at almost 2:1, sticker shock prevails. Here are some listings in Woking by Foxton, one of the larger firms on the street. The house pictured above is listed for GBP425,000. That’s US$950,000 give or take not much. It is three bedrooms and 1324 SQFT.