Is Rushcliffe the best place for families to live?
Interesting research from Sophie Chick at Savills suggests the best spots for children to grow up in (on the basis of low crime figures, decent schools and a good range of family-sized housing) are in the rural areas of the country. In particular, it puts the local government district of Rushcliffe, in Nottinghamshire, at the top of the list. Towns and villages in the area include Ruddington, East Leake, and Bingham. The only city to make it into the top 20 is St Albans while London boroughs dominate the bottom of the list, largely because of the lack of three bedroom homes.
The Apprentice house revealed
If you’re already hooked on the current series of The Apprentice, you may be interested to know that the research folk at Zoopla have worked out where the house the contestants live in is located in London. They believe it is a newly refurbished six bedroom Grade II listed home at 6, Lincoln’s Inn Field in Holborn, London and estimate it is worth £9,658,713, making it the most expensive house used in the last three series. The house for the 2011 series was in East Sheen (valued at around £5 million) and last year it was on Porchester Terrace in Bayswater (just over £8 million).
House price growth outside London
Average asking prices across the UK increased 0.7% in the last month, according to figures by Home.co.uk, largely driven by the South East, South West and Scotland, each of which experienced rises of 1% or above. Prices in London rose again last month by 0.8%. Doug Shephard, director at Home.co.uk said: “Nearly six years on from the onset of the financial crisis, it is encouraging to finally see stronger UK performance indicators that are not almost exclusively driven by London. Other areas of the UK are now really beginning to show signs of recovery and that, in turn, will help boost the confidence of local vendors and buyers alike. While price recovery is vital, a key factor in the health of regional markets is the time taken to market a property for sale. Further improvements in mortgage availability will undoubtedly help markets outside of London and the South East along the road to recovery.”
House hunters and house sales
The latest figures from the National Association of Estate Agents’ (NAEA) shows that the number of househunters per branch dropped slightly to an average of 286 in March compared with 289 in February, while house sales remained steady month-on-month at an average of 8 per branch. President of the NAEA Mark Hayward, said: “House hunters who are set on completing their purchases have not been deterred by the cold start to spring and sales have remained resilient, despite the conditions. With the cold weather finally withdrawing we now expect that the overall number of house hunters may rebound over the next couple of months. First time buyers are still in need of further help however. Existing Government schemes outside the new home sector are still failing to give this portion of the market acceptable access to mortgage finance, and more must be done in the short term.”
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