This growth, despite slowing, is expected to carry on throughout 2018. There is a real shortage of property so this means demand is kept high so prices stay high. Over the last year there has been more Londoners coming to Bristol than anywhere else in the UK. Its easy to see why. London house prices have stalled and people see the time as right to leave the capital for a buzzing vibrant city with green spaces and that is commutable to London. The thought being if they can sell in London for a good price they can still afford to buy in places like Clifton in Bristol where prices are too high for many but affordable to those coming from London.
Areas outside Bristol have seen a long awaited resurgence as people search for more places where they can buy more house for their money and hopefully see some long term capital appreciation. The seaside town of Clevedon just outside Bristol has become increasingly popular and is reported to have experienced the highest growth in house prices in the UK. 11% in 2017. Another area to watch is Keynsham. It’s proximity to Bath and Bristol, having a local train station and lovely open spaces nearby and ever improving town centre means it is attracting many London families. Portishead due to it’s excellent motorway links and modern development is also a popular choice for those relocating.
Having said that many of the large country houses are now selling for near the asking price, many to families from overseas. Frome and Bruton are particularly popular with those coming from London and often have bucked the trend of the slower country market.
The recent push to install fast broadband in many of these villages has made a real difference to those re-locating with a view to working or running a business from home. Many of these country houses have an ideal set up for this. Tru-Speed has been installing fast broadband in the Chew Valley villages and areas around Bath of 100/200mbp which suddenly makes living outside Bristol a more viable option for those who depend on this. Also many of these areas are an easy commute into Bristol and Bath, they are close to a good choice of train stations to London, close enough to Bristol airport , great schools and have lots of space for a growing family, what’s not to like!
Why they came to Stacks This lovely couple from North London came to Stacks to help find a larger family home. They had initially thought of moving to the country but then realised that Dulwich offered the feeling of being in the country whilst still being able to see friends and get to work when…
High demand for single storey properties, coupled with declining supply, means that in many areas, bungalows demand a significant price premium. Always expect the price per square foot to be higher than for a family home set over more than one storey, but if it is a popular low-rise area, the price tag might be…
The trend for migrating from town to country is slowing, and while much of this can be attributed to economic events and political uncertainty, Linda Jeffcoat of Stacks Property Search believes there is also a growing reluctance to make the big move due to practical and emotional fears such as social exclusion, lack of culture,…
A new wave of seaside hotspots Quoting Ed Jephson and Amanda Ake of Stacks Property Finders New high-tech industries have brought an influx of successful young people with money to spend,’ says Ed Jephson of Stacks property finders. ‘And the explosion of interest in watersports like paddle boarding, coasteering and surfing has changed the image…
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