I read with interest your editorial (February 21) on rental landlords and the injustice suffered by tenants excluded from the prosperity generated by the rise in property prices and who finance the comfortable retirements of their landlords.
While the suggestion of extending the right to purchase regime to the private sector is at first glance attractive, it will unfortunately not help those who will never be able to afford to buy property. How will an individual earning minimum wage be able to pay the deposit required by a mortgage lender? Since the average mortgage is paid off over 25 years, anyone over 40 is likely to be excluded.
All political parties have avoided the fact that there is a chronic shortage of social housing. The Thatcher administration’s ban on local authorities using funds obtained from former council tenants who bought their properties to build new council-owned homes was short-sighted and caused incalculable social harm.
The right to permanent housing is a fundamental human right and a cross-partisan issue. Will Boris Johnson and Keir Starmer be prepared to accept and promote the fact that the only solution to the shortage is the biggest public housing program since the end of the Second World War?
Keeley Jasmine Cavendish
London
You attribute the shocking rise in house prices to a lack of inventory coming to market. How refreshing that you recognize that this is not due to a shortage of physical homes, but to wealthy hoarding homes and frantic home building catching the attention of investors.
Here in South Oxfordshire, the government is forcing us to build three times as many houses as the planned number of households, meaning two newly empty dwellings for each one that becomes a house. This boosted the market and prices. The concreting of our land is causing us to lose the Oxford Greenbelt and fragmenting the landscape. Lost land cannot be restored for nature and regenerative agriculture.
Labor’s intention to ban foreign ownership of new homes should be extended to all homes and more localized: you cannot buy a home in Oxfordshire (old or new) unless you are, or do not intend to become a resident.
All houses should be sold for residential use only, slowly ending the problem of housing for investment. Some holiday businesses could be enabled by allowing premises for this purpose. It may seem drastic, but it’s the only way to bring prices down and house our people well. Limit the market, don’t increase the supply.
Dr. Sue Roberts
District Councillor, South Oxfordshire
The housing shortage dates back to the Thatcher years and the privatization of rentals. When she tried to turn every tenant into a conservative by pushing people to buy their social housing, she left a hole for the councils, which she made sure they couldn’t fill with the cuts on the how much they could charge and what government grants they could get. to. Many homeless people and many tenants could surely be housed by local authorities – the biggest obstacle is the current government’s ideology.
David Critchlow
Poole, Dorset
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Thousands of tenants could lose their homes in the coming months as the cost of living crisis worsens, figures show.
A ban on evictions was put in place during the pandemic to protect vulnerable tenants, but those measures were lifted last summer and evictions are on the rise.
Since then, councils have evicted more than 1,000 tenants from properties owned or managed by local authorities over rent arrears, according to figures obtained by Sky News under the Freedom of Information Act.
This represents almost four households every day.
Read more: Housing fears affect young people’s mental health and affect life decisions
The actual number is likely to be much higher than this, as most former communal properties are managed by housing associations, which are not required by law to publish eviction figures.
More than 14,000 landlords began legal proceedings to evict tenants from their properties between October and December 2021, according to the Justice Department.
“I just went into a state of shock and pure panic”
Sarah lives in Poole, Dorset with two of her three daughters.
In January, the 54-year-old single mother received a Section 21 notice, meaning she had to find another home two months after receiving the letter.
She hadn’t done anything wrong, but the landlady wanted the property back and was threatening to evict them if the family didn’t move out in time.
“I came home one day and on the doormat was a hand-delivered letter. I knew almost immediately because no one is hand-delivering letters to me.
“I read it and my heart sank. I was just in shock and sheer panic about where we’re going to live?”*
With fuel bills expected to rise, inflation at its highest in almost 30 years and with private rental prices rising, Sarah fears she won’t be able to afford another place to live.
“The kind of rents we’re looking at may be affordable now, but what if the bills go up so much we can’t pay the rent? We’ll be back in the same position.
“It makes me so angry that as a country we have allowed so much of our society to end up living in this level of insecurity. That needs to change.”
The government says it will ban Section 21 notices as part of its plans to level Britain.
The new legislation would create indefinite tenancies, with landlords required to provide a “concrete and proven reason” for ending the tenancy.
Despite this, the picture is getting darker and darker.
Almost a million low-income families in England are paying rent they cannot afford in the private sector and almost half are families with children, according to the Joseph Rowntree Foundation.
The government has announced a package of measures to help families cope with rising bills.
About 80% of households will benefit from a £150 council tax rebate and all families will receive a loan of £200 to help pay their electricity bills.
Around £65million has already been given to councils in England to support low-income people in arrears.
“It’s never been darker than this”
Meanwhile, grassroots charities providing debt support and advice are reporting higher demand than ever.
Boris Johnson says Labor has ‘no plan’ to take Britain forward through price hikes in the cost of living.
“I am exceptionally worried – and have worked in this industry for over 26 years,” says Sylvia Simpson, chief executive of the Leeds-based charity Money Buddies.
“It’s never been darker than this. We have a lot of clients who come to tell us they’ve had an eviction notice, the bailiffs are knocking on the door, they’re in debt and they don’t can’t cope.
“It’s good to say we’ll give people a £150 council tax rebate. People don’t get a £150 council tax rebate because council tax is going up, so it’s not really £150.
Read more: House prices are at an all-time high and homeownership barriers will become ‘sharper’
“And the government is putting everyone £200 in debt. So in October everyone has to pay back £200 to their utility providers over the next five years.
“I am exceptionally angry because I think the government could step in and do more.”
* After visiting several properties in her area, Sarah has found a new place to live. This is the fifth house she has rented in almost 10 years.
]]>The impact of the coronavirus pandemic, which halted house sales during the first lockdown, coupled with stamp duty holidays, has boosted the housing market across the UK since the world reopened in 2020.
Data from the Office for National Statistics shows the median house price reached £325,000 in Bournemouth, Christchurch and Poole in the year to June, an increase of £45,000 on previous 12 months.
House prices were also above pre-pandemic levels, averaging £280,000 for the year to June 2019.
The median – the middle number in a series – is used to ensure that the numbers are not skewed by extreme highs or lows.
READ MORE: Inside this rural farmhouse on the market for £1.2million
READ MORE: Time Machine Home on the market for £3.2million
These areas of Bournemouth, Christchurch and Poole recorded the highest median house prices of the year to June:
– Branksome Park, Canford Cliffs and Sandbanks: £588,000 – from £505,000 in 2019-20
– Talbot and Branksome Woods: £548,000 – previously £488,000
– Parkstone: £485,000 – an increase from £395,000
– East Southbourne and Hengistbury Head: £480,000 – down from £384,000
– Mudeford: £475,000 – down from £425,000 previously
By contrast, the area with the lowest average house price was Boscombe West, where homes sold for around £175,000 in 2020-21.
Figures also show the number of homes sold in Bournemouth, Christchurch and Poole rose year-on-year from 6,047 to 7,324.
The largest proportion was in Branksome Park, Canford Cliffs and Sandbanks, where 388 houses changed hands during the period.
Martin Beck, chief economic adviser at the economic forecasting group EY Item Club, said while government measures such as the suspension of stamp duties boosted home purchases last year, the market could be set to change. .
He said: “The prospect of a series of interest rate hikes by the Bank of England in 2022 will result in higher mortgage rates.
“And the cost of living pressures facing households from rising inflation and higher taxes mean that fewer people will be able to afford to borrow the amount needed to buy at higher mortgage rates.”
Nicky Stevenson, chief executive of estate agent group Fine & Country, said with most agents still struggling to find enough homes to meet demand, financial pressures were unlikely to have a “significant” impact on the market. Marlet.
Streets across Dorset’s BH postcodes were ranked the cheapest and most expensive – with the average house price ranging from £99,000 to over £5million. Home sales company Property Solvers has a new tool that tracks the average price of homes sold from HM Land Registry data to determine the lowest and highest house prices in the area of the postal code of BH.
The data has been taken from the start of 2016 until now, and below is a list of streets in areas BH13 and BH14 to show the difference in average house prices on Millionaire’s Row compared to other areas of Poole . Four houses on Panorama Road (BH13) sold for an average price of £5.7million, while the cheapest in this area averaged £202,833.
In the BH14 area, the most expensive street was Pearce Avenue with an average price of £3.4million, and the cheapest was Station Road in Parkstone where the house sold for an average of £99,321. DorsetLive has compiled a list of the cheapest and most expensive streets in the BH13 and BH14 postcode areas along with the number of sales.
Read more: Dorset council tax refunds and 76% of households who will receive £150
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The cheapest places to buy property in Dorset have been revealed.
Analysis of Office for National Statistics (ONS) figures shows where homes in the county are most affordable, on average.
The general trend is for property prices to soar, especially as the coronavirus pandemic has triggered a desire to relocate to rural areas.
READ NEXT – Dorset’s most viewed homes on Rightmove in January 2022
We’ve detailed the areas in Dorset that have seen the fastest growth in house prices here.
This list also included an overview of areas that have seen slow growth.
There is some overlap with these ten places and the list below.
But the cheapest area to buy a house in Dorset is potentially a hidden gem.
Average house price:
Melcombe Regis has a long history – in the 14th century it was its own port, separate from Weymouth.
The Black Death (aka The Plague) is believed to have arrived on British soil at the port in 1348.
Melcombe Regis wasn’t even connected to what was then Weymouth by a bridge until 1597.
But since the 1970s, Melcombe Regis has officially been part of Weymouth and Portland.
However, the service continues to be used by people like the ONS.
And now Melcombe Regis has a new claim to fame – the area in Dorset with the cheapest average house price, at least until June 2021.
You could have the sea, a college, a hospital and the Sea Life Center on your doorstep if you choose to buy in the area.
Average house price:
Boscombe has had his fair share of bad press.
It is known by some as the “drug capital” of the south.
The government has officially recognized that this is a city in need of revitalization.
And it’s often been listed by a website as one of the ‘worst places to live’ in the UK – but not anymore.
All of this could explain why house prices are not among the highest in Dorset, despite the presence of beaches and proximity to Bournemouth.
Putting it in a positive spin, it means the area is ripe for bargain hunters.
Average house price:
Portland is a place of extremes.
An island connected to Weymouth by a causeway, it is as coastal as life in Dorset is.
Sea views often mean expensive property, but Portland has its pros and cons.
On the pro side – wildlife, outdoor space galore, lots of wildlife and amazing history.
The place has a spy ring named after it, following the discovery of an operation by the Soviet Union to spy on the former military base and pass secrets to Moscow.
Portland stone has also been used in grand buildings across Britain and the rest of the world – it played a crucial role in the rebuilding of London after the Great Fire of 1666.
However, when looking to buy a home, practicality tends to trump an impressive past.
Portland can be a remote place, with harsh conditions.
There’s also a prison, which can be off-putting – although an island is a great place for one person.
Average house price:
Historically, Springbourne was in Hampshire.
Not far from Boscombe, it may suffer from some image problems.
But it’s also a booming place, with easy transport links to Bournemouth and a growing number of family homes.
Average house price:
Back in the Weymouth area, Westham offers good value for money, as well as being close to the town centre.
It is perhaps a bad omen that a Google search of the neighborhood brings up stories of thugs making life hell for the residents.
But it must be said that the cover dates from 2009.
So be prepared to give Westham a chance.
Average house price:
Unsurprisingly, Bournemouth Central features on our list of areas with the fastest growing property prices.
The heart of Dorset’s largest and busiest town offers employment opportunities, shops, restaurants and all important beach access.
Nevertheless, there are bargains to be had. Some people still prefer to live in more affluent suburbs.
Be prepared to accept an investment property, perhaps in need of renovation, to get full value in this area.
Average house price:
Blandford has a charming Market Square, with its Georgian architecture giving the town center a quaint look.
The city was rebuilt after a devastating fire hundreds of years ago, which explains its pleasant uniform style in places.
For many years Blandford Camp was vital to the town, with employment and social life often linked to the armed forces.
The military base is still there but less integral to the lives of many residents.
Assets these days include many supermarkets, spanning the spectrum – from discount retailers like Lidl, to mainstream retail giants Tesco and Morrisons, and high-end food M&S.
When it comes to property, the place has it all – from huge mansions, perfect for the elite who send their children to famous private schools nearby, to housing estates and retirement apartments.
The location might suit you if you have to travel to Bournemouth or Poole for work, but still have access to rural Dorset to the north.
Average house price:
There’s a theme to this list so far – if you want a bargain in Dorset, consider Weymouth.
The Rodwell and Wyke area is practically a stone’s throw from the famous and beautiful Chesil Beach.
It even includes caravans and holiday parks.
But like others on this list, it also has its challenges – with necessary developments and investments.
Average house price:
Sturminster Newton – known as ‘Stur’ to locals – sits in the heart of Thomas Hardy country.
It used to be two places – Sturminster is the main town, but across the town’s iconic bridge over the River Stour you’ll find Newton, by the mill – perhaps the town’s most notable feature.
It was also once home to one of the largest cattle markets in the UK, which attracted industry and commerce to the town.
Today, the Bourse stands on the site of the old market, a multi-purpose community venue that has earned a reputation in recent years for attracting big names from the entertainment world.
Some locals sometimes lament the lack of amenities and shops but there are plenty of countryside walks and a few independent shops worth exploring.
Expect the classic Dorset variety in the property market – thatched-roof beauties near the church, scattered retirement flats, housing estates and grand country residences on the outskirts.
Average house price:
Finally, we have Westbourne and West Cliff.
Readers might be surprised to find it on this list, as parts of the neighborhood include hotels for nearby Bournemouth town centre.
Westbourne also has Chez Fred – a fish and chip shop with a local reputation.
It is possible that the large number of apartments in the area has lowered the average price. Unlike most of Dorset, flats probably outnumber houses here.
We want to keep you up to date with everything that’s happening in Dorset, with the latest news, features, advice on what to do and where to eat, and in-depth coverage from AFC Bournemouth – The Cherries.
All of our best and brightest content will appear on our website’s homepage, but you can also follow our social media pages and join the debate on other platforms.
If you have a story or issue you would like to share, contact our press team by emailing [email protected] with your opinions, photos, story ideas and tips.
It should be noted that the average property prices used to compile this list are a raw average and do not take into account the type of property sold.
As such, the average price may be skewed for neighborhoods that have seen a small number of sales over the past year.
Increases and decreases may also reflect changes in the types of properties sold, for example if many new apartments have been built in an area that was previously made up of single-detached houses.
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Rightmove announced its five most viewed properties in Dorset last month, and most are in the millions – but not all.
While some people enjoy looking at pictures of their dream home, many of us need to focus on practical options.
In Dorset’s January 2022 list of most viewed homes, two homes cost under £600,000 and would make ideal family homes.
READ NEXT: Neighborhoods with fastest growing house prices in Dorset
Here are the properties that made Rightmove’s top five list.
It’s no surprise that this luxurious villa has made it into Dorset’s top five viewed properties with its swimming pool, annex potential, nine bathrooms and multiple sun terraces.
This ‘gentleman’s residence’ is almost 6,000 square feet and has 0.8 acres of land, yet is only half a mile from Bournemouth train station.
Indeed, at £2.6million it’s unlikely to be in most viewers’ budgets – but that doesn’t stop us from wanting to take a look anyway.
More photos of this home and its rooms (including a gym and pool room) can be found here.
In a much closer to average budget is this four bedroom house in Redhill, Bournemouth.
It sits in several school catchments and has a cloakroom, utility room and kitchen diner which would make an excellent family home.
However, its decoration and giant glass panels at the back of the house still make it modern and open.
More information about this property can be found here.
This luxurious Sandbanks home has previously featured on Dorset Live, as it featured in Rightmove’s top 10 most viewed properties nationwide.
However, it seems that even if people aren’t buying, many are interested in taking a look.
This house is priced at £5.5m but for that you get near instant access to Poole Harbour, sea views, multiple lounges, home gym , a swimming pool and a terrace on the roof.
More photos and information can be found here.
Another luxury home seen by many is this 6,000 square foot home set in an acre of land.
The garage has space for three cars, each bedroom has its own bathroom, and it even has its own ‘leisure complex’ room with an indoor pool, wood stove and sunken seating area.
Its location in Branksome Park is also a plus, with its close ties to the beach and its leafy, woodsy feel.
More information can be found here.
This detached house has off-road parking, a spacious living/dining area and a lawned garden with patio.
It is also located very close to downtown Christchurch, with Christchurch train station less than a mile away.
The five bedrooms are double and two have their own bathroom.
More information can be found here.
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Poole’s lifeboat station passed the 6,000 call mark as volunteers helped rescue two people from a Dorset harbour.
Poole’s two lifeboats were launched by the UK Coastguard at 11.40pm on Friday February 4 to report that two people were in difficulty in the water at Bournemouth Pier.
Poole Coastguard Rescue Team and Southbourne Coastguard were also tasked to go ashore. The crew of the volunteer lifeboat rushed forward and quickly sailed away into the harbour.
READ MORE: Neighborhoods with fastest growing house prices in Dorset
There was a light breeze from the very cold east wind, the sky was clear, a cool night. Then, during the journey, information came in by radio that the two people were safe and in the custody of the ambulance service.
Both lifeboats were asked to retire with thanks and returned to station, both lifeboats were prepared for duty at 1am.
A spokesman for RNLI Poole Lifeboat Station said: ‘For the station this was a significant call as it brought the total to 6,000 calls for Poole Lifeboat Station since it was established in 1865 .
“A huge number and a milestone, a moment to reflect and make it tangible. Think of it in terms of the sacrifices made by volunteers and their families, employers over the 157 years, people helped and lives saved, and unfortunately those who haven’t “I can’t do it, all the lives we’ve touched and their families, their loved ones. Thank you. Thank you for the continued support.”
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There are plenty of inspiring places across Cornwall with a pretty character surface, but there is one particular place that has long claimed the hearts of those looking to call it home.
The crazy property boom of the past two years has not been kind to Padstow. Its desirability skyrocketed higher than ever – surprising those who thought it couldn’t get crazier in the process.
The town – famous for its picturesque harbor and range of prestigious restaurants – has always been a huge hit with holidaymakers and second home buyers, but with increasing numbers of people wanting to move to Cornwall, average asking prices have risen significantly .
Read more:Cornish pubs among the best in the UK
According to Rightmove, it has seen the biggest increase in house prices of any UK coastal town, and estate agents say they cannot keep up with demand for properties with a constant waiting list and no enough properties for everyone.
Price increases mean that the average cost of a Padstow the house was 20% more expensive in 2021 than it was in 2020, with the average cost now being £658,588, down from £548,382 previously.
St Ives and Newquay also popped up with an average asking price increase of 15% and 13% respectively, placing them third and sixth on the list of highest price increases.
Rightmove said: “Britain’s long stretches of coastline and sandy beaches have really captured the imagination of homebuyers over the past year, a trend that is set to continue into 2022.
“Some of the most popular coastal areas have seen strong increases in average asking prices, particularly in the West Country, with several towns and villages in Devon and Cornwall seeing the strongest price growth over the past 12 months.
“Padstow in Cornwall tops the list, but the beautiful beaches of North Yorkshire, Wales and Lincolnshire have also proven to have an irresistible appeal for shoppers looking for a whole new way of life. “
But what do those who know the city well think of the rising prices? We visited real estate agents to see if they were surprised by the news.
Daniel Dearling is a senior negotiator at Stratton Creber estate agency and he was unsurprised when Rightmove revealed his office location has seen the biggest rise in property prices in UK coastal towns .
It has always been a working-class area with a special “old world vibe”, he says, and its charm has only increased over the years as celebrity chefs Rick Stein and Paul Ainsworth attract more people here. .
“Padstow has always had a pretty high level of desire,” he said.
“Like many of these similar towns it is very idyllic and has grown from a normally affluent area to even more so. It has become exceptionally popular alongside places like Harlyn Bay, Trevone Bay and places like this along on the side.”
“But a lot of people want Padstow himself,” he continued. “It’s always been one of those really popular places. It has that appeal with Rick Stein and a kind of old world craft feel. Once people come to Padstow they never want to go there again.
“There are never a lot of properties available compared to other towns, so you’re working on a much smaller fraction if you’re looking and the desire to move to the area is hugely popular.”
Jackie Stanley Estate Agents is an independent agency in the Padstow area. Founded in 1994, it has seen significant changes within the city.
Manager Simon Poole has been with Jackie Stanley for over ten years. He says the Padstow property market has steadily grown to its current level of importance during this period.
“One of the reasons is that it has become a ‘foodie’ destination,” Mr Poole said.
He said people love coming to Padstow and being “a part of it all”. Regular TV appearances have played a huge role in that lately, he says.
“Food has always been the number one draw and that’s what put Padstow on the map,” he says. “It’s still a quaint and active fishing village with a charming old town and lots of character, and it’s of course also close to all those great beaches.
“The beautiful old buildings and the charm of the protected old town, people love it, but the restaurants and the exhibition are really what did it I think.”
He says it wasn’t entirely the pandemic that drove real estate demand to where it is today.
“A few years before the pandemic, we were here thinking things couldn’t get any busier,” he said. “But the furor has really built up and last year has been the busiest we’ve ever seen. Attendance has been huge and the lack of property to meet demand means prices can only go up in a sense.”
“The demand has pushed the prices that way and I’m not surprised they’re 20% higher on Rightmove now. Some people selling where the prices are going up probably made the decision for them.
“They probably thought they couldn’t afford not for sale in this market and you never know what to expect, as we learned.
“A lot of people are moving into the area and working from home, but people have also left. If people are buying, then people are selling. It goes hand in hand.”
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Average prices increased by 1.5% across the metropolitan area, which saw house prices in the area reach annual growth of 9.3%.
The average house price in Bournemouth, Christchurch and Poole in November was £321,230, according to Land Registry figures, an increase of 1.5% on October.
Over the past year the average selling price of a property in Bournemouth, Christchurch and Poole has risen by £27,000, putting the area 24th out of 29 local authorities in the South West with price data for annual growth.
The region’s best annual growth was recorded in South Hams, where house prices rose by an average of 24.3% to £431,000. At the other end of the scale, properties in Bath and North East Somerset gained just 5.2% in value, to an average price of £378,000.
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Owners of detached homes saw the biggest improvement in house prices in Bournemouth, Christchurch and Poole in November – they rose 2%, to £541,946 on average – rising 11.7% over last year .
Among other types of goods:
Semi-detached properties rose 1.6 months, an increase of 11.1% per year and an average price of £342,851.
Terraced houses have risen by 1.2% per month – an increase of 9% per year and again priced at around £277,160 on average.
Apartments saw the slowest growth, up 1.1% month-on-month and 6.4% year-on-year – at an average price of £205,641.
First-time buyers in the conurbation spent an average of £247,000 on their property, £19,000 more than a year ago and £38,000 more than November 2016.
By comparison, former homeowners paid £367,000 on average in November, 48.6% more than first-time buyers.
The most expensive properties in the South West were in the Cotswold – £487,000 on average, and 1.5 times more than in Bournemouth, Christchurch and Poole. Properties in the Cotswolds cost 2.4 times more than houses in Plymouth (£207,000 on average), at the other end of the scale.
The highest house prices in the UK were in Kensington and Chelsea.
Property portal, MoveStreets, has released new data that reveals how the notoriety factor can boost property prices by up to 117% when it comes to areas frequented by the rich and famous.
What the research found
MoveStreets analyzed the average house price in postcodes popular with celebrities in four areas of the UK property market and how they compared it to the wider local authority to see how a celebrity hotspot affects prices real estate.
The study shows that outcodes that are home to a high level of celebrity activity command an average house price of £971,052, which is 49% higher than the Greater Area average.
Prime House Prices
However, this premium reaches a whopping 116% in Westminster’s Mayfair. A favorite haunt of London celebrities, the average house price in Mayfair postcodes is £2.2million, £1.2million more than the average house price in the borough of Westminster .
On the south coast, the Sandbanks in Poole have become popular for celebrities living in the area, as well as those looking for a holiday home. The exclusive property peninsula is considerably more affordable than Mayfair, but still commands an average property price of £632,637, 101% higher than the wider average of £317,588 found in Poole.
Cheshire’s Golden Triangle is arguably the North’s best-known celebrity hotspot and Wilmslow (73%), Alderley Edge (73%) and Prestbury (43%) all command impressive house price premiums compared to the wider Cheshire East average.
Knightsbridge in London is also home to a steep house price premium, the awareness factor, with houses costing 38% more than the overall average.
Areas devoid of stellar power
Unfortunately, the TOWIE and Made in Chelsea effect doesn’t seem as appealing to homebuyers. While popular celebrity postcodes in Brentwood command a premium over the wider area, this increase stands at only 8%, while King’s Road commands only a 4% increase over the wider borough of Kensington and Chelsea.
Adam Kamani, Managing Director and Co-Founder of MoveStreets, said: “It makes sense that those who make a living by being seen will only do so in the best places and therefore any area popular with celebrities is likely to be at home to the best bars, restaurants and the highest property prices.”
Kamani continued, “So if you want to rub shoulders with the rich and famous in your daily life, you’ll have to save up longer, because any house near a celebrity hotspot is likely to cost you just a bit more.”
|
Zoned |
Exit code/s |
Average off-code property price |
local authority |
Municipal real estate prices |
Fame Factor Bonus £ |
Fame factor bonus % |
|
Mayfair |
W1 |
£2,174,492 |
westminster |
£1,004,433 |
£1,170,059 |
116% |
|
Sandbanks, Poole |
BH13 |
£632,637 |
Bournemouth, Christchurch and Poole |
£315,049 |
£317,588 |
101% |
|
Wilmslow |
SK9 |
£464,763 |
East Cheshire |
£269,108 |
£195,655 |
73% |
|
Edge of Alderley |
SK9 |
£464,763 |
East Cheshire |
£269,108 |
£195,655 |
73% |
|
Prestbury |
SK10 |
£384,888 |
East Cheshire |
£269,108 |
£115,780 |
43% |
|
Knightsbridge |
SW1/SW3/SW7 |
£1,675,343 |
Westminster/Kensington and Chelsea |
£1,214,935 |
£460,408 |
38% |
|
Brentwood |
CM13/CM14/CM15 |
£483,755 |
Brentwood |
£449,720 |
£34,035 |
8% |
|
King’s Road, Chelsea |
SW3/SW10 |
1,487,775 |
Kensington and Chelsea |
£1,425,437 |
£62,337 |
4% |
|
Medium |
£971,052 |
Medium |
£652,112 |
£318,940 |
49% |
|
