Hotspots for property value checks revealed
READING, Cambridge and Bedford have been identified as “nosey neighbour” hotspots - where people are particularly likely to check how much properties belonging to other people living nearby are worth.
Zoopla compiled the research by looking at the numbers of instant valuations run on its website across Britain over the last year. The study took into account whether people had identified themselves as the home owner or a neighbour when running the search.
It found Reading is the biggest hotspot for people checking up on the potential value of neighbouring properties.
Reading was also fourth on the list of places where people are particularly likely to run a search on how much their own home could be worth.
When it comes to home owners checking how much their own home is worth, Bedford was identified as the biggest hotspot.
Bedford was also placed third on Zoopla’s list of places where people are most likely to check the value of their neighbours’ homes, with Cambridge in second place.
Lawrence Hall, a spokesman for Zoopla, said: “Home owners in Bedford and Reading clearly have their finger on the pulse and are keeping an eye on developments not only within their own four walls, but also over the fence.”
Here are the top 10 towns and cities for “hawk-eyed” home owners checking the value of their own property, according to Zoopla, with the number of valuations run as a percentage above the British average, the average property value in the town and the increase or decrease in the average property value over the past 12 months: 1. Bedford, 67%, £326,153, 2.12% 2. Milton Keynes, 62%, £306,206, 2.22% 3. Colchester, 56%, £315,544, minus 0.52% 4. Reading, 0.66% 5. Swindon, 53%, £254,251, 3.24% 56%, £418,109, minus
Here are the top 10 towns and cities for “nosey neighbours” checking the value of neighbouring properties, with the number of valuations run as a percentage above the British average, the average property value in the town and the increase or decrease in the average property value over the past 12 months, according to Zoopla: 1. Reading, 61%, £418,109, minus 0.66% 2. Cambridge, 52%, £455,524, 1.13% 3. Bedford, 51%, £326,153, 2.12% 4. Milton Keynes, 47%, £306,206, 2.22% 5. London, 47%, £748,065, 0.46% 6. Colchester, 43%, £315,544, minus 0.52% 7. Bristol, 25%, £318,940, 2.66% 8. Coventry, 17%, £196,491, 2.78% 9. Swindon, 16%, £254,251, 3.24% 10. Northampton, 16%, £249,190, 1.56%.