In this week’s article I talk about the biggest streets in HU17 in terms of the number of households on that street or road then compare their total values and how many people have moved homes in the last three years on those streets, with some most interesting and intriguing outcomes.
Well my recent articles about Beverley’s most moved street in the last 3 years and the Monopoly board article (the one where I listed the most valuable streets) caused quite a lot of interest locally, so I decided to see what else I could find out about the HU17 postcode area, and I have been able find out the biggest streets in the Beverley (HU17) postcode area.
Don’t worry, I will get back to some hard-hitting articles about the lack of new homes being built in Beverley, the trials and tribulations of being a Beverley buy-to-let landlord and the future of the Beverley property market .. yet in this article because of the previous positive comments, I wanted to give you what you, the Beverley homeowners and Beverley landlords asked about and wanted!
The biggest street in HU17, when it comes to the number of houses on it is Grovehill Road, with 385 homes. In second place is Main Street with 347 homes and in third is Sigston Road with 230 homes.
Yet, size isn’t everything and the most valuable street of the top biggest streets is Main Street at £95.5m with an average value of £284,000 per property.
The street with the greatest number of movers in the last 3 years is Grovehill Road, yet its saleability rate was only 14.5%, with Butterfly Meadows having the highest saleability rate of 19.1%.
The full breakdown can be found in this chart below.
Note – if the same street name appears more than once in the postcode – the number of houses has been amalgamated and averaged accordingly.
Yet, did you really think I wouldn’t get at all serious ..
The basic rudiments of the Beverley property market remain principally healthy in many parts of Beverley, yet the existing political environment means that the vital element of confidence has been diminished slightly in certain parts, and that is triggering a minority of potential property purchasers and house-sellers to vacillate, yet with unemployment at an all-time low, a record number of people with a job, ultra-low interest rates and decent mortgage availability (with the Banks and Building Societies tending to drop mortgage rates instead of increasing them), those Beverley first time buyers (and especially Beverley buy-to-let landlords) who have adjourned their next house purchase because of perceived political uncertainty should be reminded that talking to many of my fellow Beverley agents they have more homes on their books than at any time for the last three or four years, so there is a greater choice of Beverley properties to call your next home/BTL investment with a potential of securing a great property deal in the next month or so.
Irrespective of what happens with Brexit, Beverley people will still need a roof over their heads and as I have mentioned on a number of occasions, I have proved beyond doubt we aren’t building enough homes both locally in Beverley and nationally. If supply is limited and demand increases (as the population grows and we get older), prices in the medium to long term can only go in one direction. Upwards!
So, whatever happens with BoJo and Brexit – why wait, because once we get over that hurdle, there will just be another hurdle and another hurdle and by which time – we will be in 2029 and you would have missed the boat. We survived the Global Financial Crash, 3-day week in 1970s’, hyperinflation etc etc … yet the choice is yours.