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City types yearn for the country
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City types yearn for the country in town

Green spaces and celebrity neighbours beat Starbucks.

A rustic, green environment that does its best to re-create the countryside in an urban setting is today’s must-have for home-buyers, according to a new survey.

Buyers are less interested than previously thought in trendy bars, restaurants and coffee chains like Starbucks but just love the trappings of a country village. Their three favourite green features are:


Tree-lined streets

Back gardens – small is OK as long as they exist

The survey – by ‘offset’ mortgage provider The One account - also found that almost a third of estate agents had renamed a suburb a “village” to excite buyers’ interest.

"People want a relaxed, laid back atmosphere,” comments ‘Location, Location, Location’ property guru Phil Spencer. “As cities become more crowded we cherish our private space. A garden or outdoor space is a valuable get-away from the stresses of modern living. In fact a well maintained outdoor space can add up to 10% on the value of a property. This figure has definitely increased in the last few years as people search for tranquility and calm in the middle of the city."

Who’s your neighbour?

Many feel that celebrity neighbours will add value to their homes, with 14% of homeowners thinking that a neighbour who is a TV or music star could add up to £50,000 to their home.

Other highlights from the report include:

More than half (53%) said a 'village' tag would make them think more highly of an area.

More than a third (36%) would be swayed by living on a 'riverside' development and 33% want to buy in a conservation area.

A third of homebuyers (34%) judged an area by the type of people walking around or by the make of cars parked in the street (33%). The key things most likely to turn off a prospective buyer were high crime rates, traffic congestion and graffiti.

Some homeowners admit to faking it - 6% said they had alluded to living in a more prosperous, neighbouring area to make their property sound upmarket.


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Schedule of Articles

property investing
property refurbishment
buying overseas property
moving house
home letting
buy to let
home improvements

top 10 celebrity areas
6 up & comming areas
5 signs that an area is up & comming
city types yearn for the country in town
your place in the sun
equity release
planning permissions & extensions
estate agents
rent or buy
buy to let
mortgage overpayment
mortgage endowments
mortgage protection
stamp duty
self build your home
electrical surveys
the cost of moving in
the perfect neighbourhood
council tax
house price league
good neighbours
stamp duty land tax
top 20 towns 2003
cut the cost of moving
interest rates
buying in scotland
dream homes
first time buyers
the worth of uk homes
bad estate agents
keeping up appearances
home improvements


Please note that articles on this site & any other 'planning-approval' related web site does not constitute professional advice. All articles are intended to provide a general view of many subjects. We suggest you to consult a solicitor before making any important decisions.  The author is not an expert in any given field.

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