The Property Market in Swindon
Located in the heart of South West England, Swindon is a thriving town that is well-positioned between Bristol and Reading, and only 71 miles from London. The population of the town has grown significantly in recent years, with the built-up area now home to over 185,000 people, while the wider borough has a population of over 209,000. Property prices in Swindon are currently below the national and regional averages, making it an excellent location for those seeking apartments or flats for sale in Swindon.
Economy & Employment
Swindon's diverse economy is powered by several major employers, including Honda and BMW/Mini car manufacturing, insurance and financial services companies such as Nationwide Building Society and Zurich Financial Services, and banking institutions like Barclays, NatWest, HSBC, Lloyds TSB, and Handelsbanken. The town also hosts several professional legal and accounting firms, as well as the European head office of the electronics company Intel.
Swindon is currently undergoing an ambitious £750-million regeneration program fronted by the Borough Council, aimed at making the area an even better place to live and work.
• Refurbishing the Oasis Leisure Centre and developing a larger leisure zone
• Creating a town centre cinema and restaurants complex on the old Swindon College site
• Upgrading Swindon’s station forecourt
• Regenerating Kimmerfields (Union Square), Swindon’s central business district.
• Kimmerfields is Swindon’s £350-million flagship scheme that aims to create a new commercial heart for the town.
• Spanning 18 acres, this mixed-use development will comprise 650,000 square feet of offices, 150,000 square feet of retail, 450 residential units, a Primary Care Trust centre, a bus exchange, & a new 850-space multi-storey car park.
Shops & Leisure
Swindon has plenty to offer in terms of leisure and entertainment, including the McArthurGlen Swindon Designer Outlet, one of the largest covered designer outlets in Europe, offering over 90 high street and designer brands, including John Lewis Home Outlet, Kurt Geiger, Superdry, Hugo Boss, and more. Regent Circus, the newest addition to Swindon's leisure offering, features a six-screen cinema, several restaurants, a large Morrisons, and ample car parking.
For those seeking green spaces, Swindon has plenty of options, including Coate Water Country Park, a 56-acre reservoir built in the 1820s, and Lydiard Park, the ancestral home of the Viscounts Bolingbroke, with its Palladian house, beautiful church, walled garden, and formal parkland.
Property prices in Swindon are currently good, being below the national and the regional averages by 3% and 12.5% respectively.
Swindon is undergoing a £750-million regeneration programme currently, fronted by the Borough Council.
There is a buzzing arts scene with many events taking place throughout the year at venues including the Wyvern Theatre, Arts Centre, and Library.