Posts with tag: commuter property

The 10 Happiest and Most Affordable Commuter Towns

Published On: August 27, 2015 at 4:42 pm

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Categories: Landlord News

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Those living in London are more likely to have little money and be unhappy than residents in other parts of the country. With high house prices and small spaces, Londoners are not the most content with their living conditions.

But if your job is in the capital, finding a good commuter town can be the perfect alternative.

The Telegraph and Hamptons International have analysed data on travel time to London, property prices, average wages and life satisfaction ratings to uncover the ten happiest and most affordable commuter towns.

Here is the countdown, starting at number ten…

Position

Town Commute time Average house price (two-bed property) Average salary

Life satisfaction rating

10 Basingstoke 50 minutes £202,000 £39,459 7.5
9 Tunbridge Wells 55 minutes £232,000 £44,032 7.6
8 Maidstone 57 minutes £181,000 £35,448 7.6
7 Aylesbury 1 hour £199,000 £35,448 7.6
6 Chelmsford 35 minutes £208,000 £42,963 7.6
5 Ashford 40 minutes £172,000 £32,424 7.6
4 North Hertfordshire 45 minutes £219,000 £41,829 7.6
3 East Cambridgeshire 1 hour 10 minutes £173,000 £43,434 7.6
2 Hertsmere 38 minutes £287,000 £45,913 7.7
1 Test Valley 1 hour 11 minutes £191,000 £36,219 7.8

At number ten is Basingstoke, a town in Hampshire where trains to London Waterloo take just 50 minutes.

The 10 Happiest and Most Affordable Commuter Towns

The 10 Happiest and Most Affordable Commuter Towns

If you’re looking for higher wages, then Tunbridge Wells has some of the highest on the list, at just 35 miles from central London.

Trains from Maidstone East take commuters to London Victoria in under an hour.

If you don’t mind spending an hour on the train, then look to Aylesbury, where the average two-bed property costs under £200,000.

The shortest commute on the list is in the Essex town of Chelmsford, with trains reaching Liverpool Street in only 35 minutes.

Although Ashford in Kent is 60 miles from central London, the high-speed rail link gets you to St Pancras in just 40 minutes. But beware of the £6,000 per year season ticket!

A historical Hertfordshire market town, Hitchin has all the appeal of the countryside, but trains take you to central London in 45 minutes.

The rural atmosphere can still be felt in Ely, Cambridgeshire, despite a journey to London taking just over an hour.

Hertsmere has high satisfaction levels and is a short 38 minutes from central London.

But Test Valley in Hampshire is the best option for affordability and happiness, with an average life satisfaction rating of 7.8

Commuters from Surrey and Sussex See House Price Values Grow

Published On: May 15, 2015 at 11:24 am

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Categories: Property News

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Towns and villages in Surrey and Sussex are experiencing healthy price rises as Londoners are priced out of the capital’s housing market.

These are popular commuter spots for those travelling to Victoria or London Bridge. Past Gatwick Airport, but still within an hour of central London, there are ten spots on the route to choose from.

Savills estate agent found that addresses in Surrey, namely Redhill, Earlswood and Salfords, have experienced steady annual price growth. The average property price here is £312,258.

Redhill

Redhill is not the prettiest of places in Surrey, but is scheduled a £50m renovation to the station, including a town square, shops and new homes. Buyers will be delighted at Redhill’s speedy commute; trains to London take just 35 minutes and an annual season ticket costs £2,672.

Commuters from Surrey and Sussex See House Price Values Grow

Commuters from Surrey and Sussex See House Price Values Grow

Redhill also has good primary and secondary schools, such as the Warwick School and Saint Bede’s School.

The town lacks period properties, but has plenty of affordable new builds and post-war homes in the suburbs.

A negotiator at Connells Residential, Will Norris, says that buyers in this area are often young couples wanting a two-bedroom flat for between £200,000-£240,000. Buyers looking for a four-bedroom house will pay £450,000+ and those looking for period features are better suited to nearby Earlswood. Detached Victorian and Edwardian homes there are around £400,000.

Haywards Heath

Haywards Heath and adjacent Lindfield are good options for those looking to live in West Sussex. Both are south of the Sussex Weald and are close to the South East’s picturesque countryside.

Haywards Heath is 44 minutes from London on the train and an annual season ticket is £3,808. The average home costs £315,483 and rose just 3.1% in the last year, but 15.6% since 2007.

A director at Savills, Sophie Wysock-Wright predicts that four in ten London buyers would like a family home.

Within the town, Lucastes Avenue and its nearby roads are perfect for families. Just west of the station, a detached four-bedroom 1920s house costs between £650,000-£750,000. Closer to the station are three-bedroom Victorian cottages at £350,000.

Lindfield is a 15-minute walk from Haywards Heath station and has period houses, an ancient church and pond area. Buyers will pay between £450,000-£550,000 for a three-bedroom Victorian semi-detached property.

Burgess Hill

In West Sussex, but closer to the South Downs is Burgess Hill. A train to London takes 52 minutes and an annual season ticket is £3,808.

Branch manager of Fox & Sons, Peter Bushell, says that the shops and restaurants aren’t as good as in Haywards Heath, but commuters adding ten minutes to their journey will gain an extra bedroom or a detached home. Residents can also get to Brighton in 20 minutes by car.

Crescent Road, Park Road and Silverdale Road all have great Victorian, Edwardian and 1930s semi-detached houses, costing around £400,000.

A lot of properties here were built post-war, and a three-bedroom 1960s home costs about £300,000.