09:47AM, Monday 13 June 2016
There is ‘cause for David Brent to celebrate’ as house prices in Slough have risen 23 per cent in a year.
A report published today (Friday) by Your Move has revealed that despite properties suffering a 0.4 per cent dip in value across the country, Slough is bucking the trend.
Adrian Gill, director of Your Move and Reed Rains estate agents, said the price of a terraced house in the town is now £63,000 more than it was a year ago.
He added: “There is cause for David Brent to celebrate.
“Property values in Slough have been boosted by the new Crossrail development, with a new terminus coming into operation in late 2018.
“The increase in tech jobs in the town has also helped to lift prices, with O2, Nintendo, BlackBerry and McAfee all located along what has been recently branded the 'Silicon Alley'.
“As the fastest growing area in the UK, according to the Centre for Cities, with the number of businesses in the town rising by 29 per cent over the last five years, uncertainty in other parts of England & Wales have not hindered growth in Slough.”
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