Britain’s ‘Knowsiest Neighbours’ Revealed

British homeowners’ obsession with house prices and monitoring the value of their homes shows no sign of waning, according to research from property website Zoopla.co.uk which provides free value estimates on every UK home along with over 17 million sold prices.

The research shows an increasing trend of homeowners not only tracking the market value of their own home but also keeping an eye on the value of their neighbours’ properties. With information as a valuable commodity, those ‘in the know’ about local house prices and trends are likely to have a significant advantage when transacting in the property market.

The latest data reveals that homeowners in Harpenden, Pinner and Reigate are the ‘knowsiest neighbours’ in Britain (most in the know about local property values) whilst residents in Aberystwyth, Birkenhead and Saltburn-by-the-Sea are the least ‘knowsey neighbours’ (least bothered about keeping track of local property prices).

Also revealed is the ‘knowsiest street in Britain’, Newton Road, Birmingham, B43, where residents regularly checked the value of their own homes and neighbouring properties on Zoopla.co.uk more frequently over the past 12 months than anywhere else in the country. The data from Zoopla also shows that ‘knowsiness’ increases with property values with most of the ‘knowsiest’ streets and areas having property values well above the national average.

Nicholas Leeming, Business Development Director of Zoopla.co.uk comments: “As a nation obsessed with property values, it is clear there is an advantage in staying ‘in the know’. Knowing when to buy or sell and how much to pay or ask is the key to a successful property transaction and can avoid the pitfalls of overpaying or being stuck for longer than expected.”

AREAS WITH ‘KNOWSIEST NEIGHBOURS’ IN BRITAIN

RankLocationAverage Property Value
1Harpenden, Hertfordshire£577,848
2Pinner, London£443,458
3Reigate, Surrey£407,038
4Maidenhead, Berkshire£380,142
5Farnham, Surrey£423,457
6Caterham, Surrey£342,423
7Stanmore, London£441,084
8Teddington, London£499,001
9Ascot, Berkshire£598,767
10Weybridge, Surrey£598,767

Source: Zoopla.co.uk (February 2012) 

AREAS WITH LEAST ‘KNOWSEY NEIGHBOURS’ IN BRITAIN

RankLocationAverage Property Value
1Aberystwyth, Ceredigion£184,342
2Birkenhead, Merseyside£94,804
3Saltburn-by-the-Sea, North Yorkshire£128,561
4Barrow-in-Furness, Cumbria£110,291
5Wednesbury, West Midlands£106,470
6Peterlee, Durham£90,171
7Felixstowe, Suffolk£183,272
8Cleethorpes, Lincolnshire£115,258
9South Shields, Tyne & Wear£116,972
10Salford, Greater Manchester£120,491

Source: Zoopla.co.uk (February 2012)

KNOWSIEST STREETS IN BRITAIN

RankStreetAverage Property Value
1Newton Road, Birmingham, B43£191,080
2Uxbridge Road, London, W5£413,219
3Burrells Wharf Square, London E14£310,682
4The Avenue, London, E4£292,044
5Battersea Park Road, London, SW8£335,213
6Torbay Road, Harrow, HA2£305,443
7Kingston Road, London, SW19£331,385
8Scarisbrick New Road, Southport, PR8£163,909
9Loughborough Road, Nottingham, NG2£194,330
10Chase Side, Enfield, EN2£280,486

Source: Zoopla.co.uk (February 2012)


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