With the Severn Bridge tolls finally being removed, the property prices in our little corner of South Wales have increased dramatically.
The news has been full of reports of the effects of the abolishment of the toll charges, and most of them address how Bristol buyers have poured over the Severn in search of value for money, or for a slice of the good life – and very often both.
We have been dealing with an increase in buyers from the other side of The Severn ever since the announcement was made that the tolls would be ‘reduced or removed’.
We doubled our advertising efforts over there and made sure that all of our properties in Chepstow, Usk, the Forest of Dean and Newport had as much exposure as possible across the Bristol area.
We’ve had investors looking to get in before the prices rise too high, we’ve had first time buyers who have been priced out of the Bristol market, we’ve had retirees looking for peace and quiet away from the city.
But the most animated bunch of buyers, without a doubt, have been young and growing families. These young families usually fall into one of two camps: