Most expensive street by region

[Biscuit Barrel]

Different areas have different costs. My inlaw's house has risen about £20K in value in 12 years, whereas our house in Newhaven has risen £100K in that time.
There are more immigrants in the north of England than in the SE, so your theory doesn't hold much water.

Shortage of housing can depend on many factors. Family breakups, for example. After the war, there was a massive housing shortage due to bombing, but families stayed together. Youngsters didn't leave home until they met someone ready to get married, so were able to save up for a deposit, and bought a home together. There's no way in the 60s, single people could afford to buy a house on their own.

Prices in the SE are being forced up by people investing in property as it gives better returns than pensions.[/QUOTE]

This is certainly helping to push up prices. Not enough homes and a growing population is much more of the reason IMHO.

 

[Fungus]

https://en.wikipedia.org/wiki/Regions_of_England

Yes, yes, I know. It's just that it takes me so long travelling EAST to get there!

 

[Thunder Bolt]

Different areas have different costs. My inlaw's house has risen about £20K in value in 12 years, whereas our house in Newhaven has risen £100K in that time.
There are more immigrants in the north of England than in the SE, so your theory doesn't hold much water.

Shortage of housing can depend on many factors. Family breakups, for example. After the war, there was a massive housing shortage due to bombing, but families stayed together. Youngsters didn't leave home until they met someone ready to get married, so were able to save up for a deposit, and bought a home together. There's no way in the 60s, single people could afford to buy a house on their own.

Prices in the SE are being forced up by people investing in property as it gives better returns than pensions.[

This is certainly helping to push up prices. Not enough homes and a growing population is much more of the reason IMHO.

That is because you want to believe that. The actual reasons are far more complex.

 

[Simster]

Recent legislation surrounding the tax laws on investment property is not before time but in reality, the issue is that demand for housing in the SE either needs to be met or reduced.

We either meet it by building more housing, or reduce demand by encouraging people to stay in/move to other areas of the country with policies that encourage business elsewhere.

 

[AmexRuislip]

Recent legislation surrounding the tax laws on investment property is not before time but in reality, the issue is that demand for housing in the SE either needs to be met or reduced.

We either meet it by building more housing, or reduce demand by encouraging people to stay in/move to other areas of the country with policies that encourage business elsewhere.

Not sure what it's like in Surrey and Sussex, but round here property merchants offer up stupid money for the old style houses, raze to the ground, only then for 'luxury' apartments to be built on the vacant land, resulting in over priced dwellings to be sold at a vast profit!

 

[beorhthelm]

cost of agricultural land is 5-8k an acre. cost of land with planning is 600k-1m. thats a multiple of 120, and tells all you need to know about why the housing market is so inflated. we wont let anyone build anything.

 

[AmexRuislip]

Different areas have different costs. My inlaw's house has risen about £20K in value in 12 years, whereas our house in Newhaven has risen £100K in that time.
There are more immigrants in the north of England than in the SE, so your theory doesn't hold much water.

Shortage of housing can depend on many factors. Family breakups, for example. After the war, there was a massive housing shortage due to bombing, but families stayed together. Youngsters didn't leave home until they met someone ready to get married, so were able to save up for a deposit, and bought a home together. There's no way in the 60s, single people could afford to buy a house on their own.

Prices in the SE are being forced up by people investing in property as it gives better returns than pensions.[/QUOTE]

This is certainly helping to push up prices. Not enough homes and a growing population is much more of the reason IMHO.

http://www.getwestlondon.co.uk/news/west-london-news/cheapest-place-live-shorten-your-12357834

 

[jevs]

I used to work for Rentokil Tropical Plants about 20 years ago and Sir Andrew Lloyd-Webber had a house on Eaton Square and i used to look after the plants in it. Used to have to walk through his composing room as well as his bedroom.....pretty impressive gaff to be honest and the £50m of art on his walls were quite nice too.

 

[AmexRuislip]

art on his walls were quite nice too.

Could you tell the difference?

 

[sydney]

bindaring parade , mosman park....ave price 12 million $.........your point was....

 

[sydney]

Could you tell the difference?

View attachment 80456
View attachment 80457

the scream...iconic contemporary art

 

[Triggaaar]

http://www.bbc.co.uk/news/uk-england-38406995

The most expensive street in the East of England is Storey's Way in Cambridge, with an average property price of £1.9m. It's a rat run for commuters trying to avoid the ring road. The world's gone mad; mad, I tell you.

Did your friend/acquaintance buy the house in Lindfield?

 

[Notters]

Yes, yes, I know. It's just that it takes me so long travelling EAST to get there!

Oh mate, my in laws live in Okehampton, its the bane of my life.

They just left to come here, expect them to arrive late on boxing day!

 

[brighton terra]

Yes, yes, I know. It's just that it takes me so long travelling EAST to get there!

Having been born and brought up in Poole, I can tell you that it's residents definitely perceive it to be part of the South West!

 

[Fungus]

Having been born and brought up in Poole, I can tell you that it's residents definitely perceive it to be part of the South West!

It was so much easier when I lived in Leicester - the South West began at the top of the M69.

 

[Psychobilly freakout]

Yes, but ... how many of these properties are actually lived in? The fashion is for Russian oligarchs, Chinese politicians and South East Asian gamblers to buy up expensive properties in London solely as real estate investments that will rise in value for ever. The occupants move out, of course, and these expensive areas become deserted wastelands. Further down the chain ... property prices in Brighton start spiralling out of control and folk find that they have to move out of town if they are ever going to be able to afford somewhere to live.

Ain't this the truth just before I moved down here, we did the flooring in two houses next door to each other for a Russian in Bishops Avenue, Hampstead Garden Suburbs. He sent an interior designer into see us and was not to bothered what she picked as he probably would only visit once or twice a year. Completely different level of wealth that is so wrong in my eyes.

 

[Goldstone1976]

Did your friend/acquaintance buy the house in Lindfield?

Nope - they had a survey done and it had some expensive problems that the owners were unwilling to help with apparently.

 

[Pogue Mahone]

Chaucer Road. *nods*

I lived on Chaucer Road for two years in my teens, and prior to that I lived on Bentley Road.

I wish that I had the money to live in places like that now (not that I want to live in Cambridge again...)

 

[Goldstone1976]

I used to work for Rentokil Tropical Plants about 20 years ago

I worked in Rentokil's M&A department for a few years in the mid-late 80s and made the first tropical plant rental business purchase for them. Small world. Despite the (very real ) problems associated with Clive Thompson more recently, he remains the brightest and most driven chief exec I ever worked for. Mr 20% indeed.

 

[Goldstone1976]

I lived on Chaucer Road for two years in my teens, and prior to that I lived on Bentley Road.

I wish that I had the money to live in places like that now (not that I want to live in Cambridge again...)

Bentley Road is very nice too. Cambridge has changed a lot in the last 20 years, but I do still like it.