Look­ing to the East for bet­ter value and a great qual­ity of life

Re­lo­ca­tors have pin­pointed the East Rid­ing area as a prop­erty hotspot that has every­thing from lower prices to a great life­style. Sharon Dale re­ports.

Yorkshire Post - Property - - PROPERTY -

The East Rid­ing may not be as high pro­file as the York­shire Dales, North York Moors or Whitby but it has qui­etly charmed le­gions of re­lo­ca­tors over the past decade.

The area now tops the league ta­ble for the coun­try’s most pop­u­lar place to move to, ac­cord­ing to re­search by the Halifax.

It had the big­gest boost from net in­ter­nal mi­gra­tion in Eng­land and Wales be­tween 2000 and 2010 with 33,700 more peo­ple mov­ing to the East Rid­ing from else­where in Eng­land and Wales than left the area.

The in­com­ers have boosted the pop­u­la­tion by ten per cent and the area’s pop­u­lar­ity has pushed house prices up by 127% over the past decade. They rose from £65,379 to 148,235, which is well above the national av­er­age of 96%.

Es­tate agent Adrian Har­ri­son, of Dee, Atkin­son and Har­ri­son, says it is no big sur­prise that peo­ple want to mi­grate to a place that boasts coastal gems such as Bridling­ton, Flam­bor­ough and Hornsea along with the un­du­lat­ing Wolds and the beau­ti­ful mar­ket town of Beverley. There has al­ways been a steady stream of re­tirees and fam­i­lies mov­ing in from West York­shire and Bridling­ton and up­mar­ket Beverley are hotspots for them, but says Adrian:

“A lot of this comes on the back of the boom when peo­ple in the home coun­ties cashed in and looked to move some­where that of­fered value for money and qual­ity of life.

“We have the coast, beau­ti­ful coun­try­side, nice vil­lages and mar­ket towns and easy ac­cess to other places like York and the North York Moors. The rea­son prices are lower here is that in some ar­eas you can be 35 min­utes from a mo­tor­way and so ac­ces­si­bil­ity can be an is­sue. How­ever, we now have peo­ple buy­ing who can work from home.”

Even in the most de­sir­able vil­lages and towns, prices start at about £100,000 for a two bed­room home and from £150,000 for a three bed­room semi.

Fa­mous re­lo­ca­tors in­clude David Hock­ney, who moved to Bridling­ton and whose paint­ings of the Wolds have done much to pro­mote the area. TV pre­sen­ter Sarah Beeny may have had plan­ning bat­tles with the lo­cal coun­cil, but she bought her home Rise Hall, near Hornsea, af­ter fall­ing in love with the land­scape.

Leanne Mar­shall, of Hunters, Bridling­ton, says: “We have a lot of peo­ple buy­ing from out­side the area and they are from all over. We have a lot from West York­shire, I’ve just had a cou­ple down from Scot­land and I have some­one from Lon­don com­ing to view.”

“It’s not just re­tirees, it’s fam­i­lies too. They love the town and the prices here are cheaper than Scar­bor­ough and Whitby.”

Howard Clarke, of Quick and Clarke, adds that East Rid­ing’s econ­omy has also con­trib­uted to the num­ber of re­lo­ca­tors.

“That has been a sig­nif­i­cant fac­tor as the econ­omy here has im­proved over the last ten years and that has brought peo­ple re­lo­cat­ing for work,” he says,

The coast or easy ac­cess to it was ob­vi­ously a mag­net for those mov­ing to pas­tures new, ac­cord­ing to the Halifax. Three­quar­ters of the ar­eas with the big­gest in­creases in net in­ter­nal mi­gra­tion are coastal. The sec­ond most pop­u­lar place to re­lo­cate to was North Som­er­set, which in­cludes We­ston Su­per­mare and Por­tishead.

In con­trast, eigh­teen of the 20 lo­cal au­thor­ity districts that saw the largest net fall in in­ter­nal mi­gra­tion were in cities, in­clud­ing Birm­ing­ham and Le­ices­ter and 14 of the 20 ar­eas that saw the big­gest dip are Lon­don districts. Ma­jor cities such as Lon­don, Leeds, Manch­ester and Birm­ing­ham have more tran­sient pop­u­la­tions and record the largest in­flows and out­flows from other ar­eas

The 20 most pop­u­lar places to move to saw an av­er­age 101% rise in house prices be­tween 2000 and 2010, while the 20 least pop­u­lar saw a 79% in­crease.

Suren Thiru, hous­ing econ­o­mist at Halifax, says: “The sub­stan­tial pop­u­la­tion shifts across Eng­land and Wales ap­pear to have had a marked im­pact on the hous­ing mar­ket over the past decade. House price growth has gen­er­ally been stronger in the ar­eas that have proved to be the most pop­u­lar lo­ca­tions for peo­ple to move to from else­where in the coun­try, re­flect­ing the im­por­tance of pop­u­la­tion changes as a key driver of hous­ing de­mand. The fig­ures also high­light the tran­sient na­ture of the pop­u­la­tion in many of our ma­jor ur­ban conur­ba­tions with the lev­els of home own­er­ship much lower in the main cities com­pared to other parts of the coun­try.”

SEA­SIDE SPE­CIAL: Bridling­ton at­tracts buy­ers from all over the coun­try thanks to its coast­line and its prop­erty prices.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.