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Why Airport Access Equals Riches

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How airport links boost house prices outside London

Manchester Airport plane in flight. Image by Andrew Barker (via Shutterstock).

Airborne: house prices in and around the same postcode as Manchester Airport attract a premium of up to 73% on average house prices. This is helped in no small part by excellent private and public transport links. Image by Andrew Barker (via Shutterstock).

In spite of noise and air pollution, it is surprising to note that house prices around airports can be higher than average for their area. In a survey conducted by OwnerSellers.com, it stated how airport links can add value to its immediate surroundings. This trend affected areas away from London’s airports, and houses that shared the same postcode as the airport. read more →

Seaside House Buyers Now Younger

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Seaside towns no longer the preserve of elderly residents due to house prices

The Great British Seaside Resort

The Great British Seaside Resort: no longer the preserve of elderly homeowners. Image by Ollie Taylor (via Shutterstock).

The Great British seaside resort. A part of the world derided by some as ailing, uninspiring, and full of elderly residents. According to a survey from My Home Move, elderly people are shunning the likes of Weston-super-Mare and Torquay due to house prices. Potential homeowners moving to Whitstable are likely to be in their mid-40s.

The twelve seaside resorts that have ranked highly in My Home Move’s findings are:

  • Margate: noted for the recently reopened Dreamland amusement park and the Turner Gallery;
  • Torquay: a bustling shopping centre and resort, ideally placed for the Torbay resorts and the city of Exeter;
  • Whitstable: noted for its oysters and coloured beach huts, as well as being commutable to Central London;
  • Leigh-on-Sea: one of the most easterly points of the London, Tilbury, and Southend railway line to Fenchurch Street;
  • Aldeburgh and Woodbridge: the former noted for its classical music festival; the latter, the birthplace of Brian Eno and its harbour;
  • Bournemouth: a must for lovers of sand, sea, and shops. Also served by fast trains to London;
  • Poole: Bournemouth’s industrial neighbour with a maritime history. Also covers the ultra-exclusive Sandbanks village, home to its moneyed residents;
  • Skegness: popular with many holidaymakers from Sheffield and Nottingham. Quiet outside the summer season;
  • Weston-super-Mare: a bus ride away from Bristol, Weston is a splendid seaside resort with a mix of flat and hilly terrain;
  • Clacton-on-Sea: though close to London by train, house prices are half that of many of the resorts in the survey;
  • Bognor Regis: close to the Isle of Wight, and the city of Chichester. Well known for the Butlins holiday camp.
  • Eastbourne: East Sussex seaside resort noted for its iconic bandstand, pier, and the Carpet Gardens.

Most of the seaside resorts detailed above have direct train services to Central London. Could the London commuting belt be wider, with potential purchasers choosing cheaper homes? (Though offset by dearer season ticket prices).

Fewer Moves, Longer Stays

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Today’s homeowners and tenants expect to make fewer home moves in their lifetime

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Making Fewer Moves: The average person under 25 years of age expects to make fewer moves in their lifetime, according to a survey by AnyVan.com. Image by Visual Destination (via Shutterstock).

High house prices and rent deposits could be attributed to the reason why today’s households expect to make fewer house moves. According to research conducted by the AnyVan.com website, people under 25 years of age expect to move six times. In the same survey, people aged 60 and upwards said they have lived in eight homes in their lifetime.

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