The Downton Effect

We previously familiarised you with the ‘Waitrose Effect’, and made you aware of how living near a Michelin star restaurant bumps up your house price, but the plot thickens; introducing the newest property price skewing factor – the ‘Downton Effect’. It’s becoming increasingly clear that the old saying ‘Location, Location, Location’ really does hold true in the modern property market. A recent survey by Halifax has found that if you have the same postcode as a stately home then the average price of your home has jumped by close to twice the national average price increase since 2005. This has been coined ‘the […]