Tag Archives: #houseprices

Relocation for a Better Education

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Every year parents across the country have to make the important decision of where to educate their children. Obtaining a place at a top performing school is a high priority for parents, but if they are not living within the catchment area of their desired school many will consider relocation for a better education. As private education fees increase it can be more cost effective to buy a property in an area with a high performing state school rather than spend thousands of pounds on private fees. A recent report by Killik & Co found that the cost of putting […]

What’s in a name? £100000, apparently…

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Got an address ending in ‘lane’? Lucky you – your property is probably worth over £100,000 more than those living on a regular ‘street’. According to new research conducted by Hometrack (property market specialists) the first line of your address is pretty damn fundamental to your house price. Who knew? A study by Barclays Mortgages revealed that living on a humble ‘street’ means your property comes right at the bottom of the value list, with an average house price of £142,347; this is 29% under the national average and 42% under properties situated on ‘lanes’. 22% higher than the national […]

The Most Expensive Areas in the UK

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In the world of property prices, a lot can happen in a year – so it’s no surprise that seeing just how much how prices have changed across England and Wales is distressing. The ONS data reveals the most expensive areas in the UK, confirming the so-called “North-South divide”. The map reveals the stark contrast between house prices in London vs the rest of the UK, showing that houses in London average over £300,000 compared with the North East, averaging a little over £150,000. The darker the hue of green shows the most expensive areas in the UK, which dominates […]