Research by estate and lettings agent, Barrows and Forrester, has revealed that when it comes to the Birmingham North-South divide, the north wins when it comes to overall property affordability. 

Barrows and Forrester analysed house prices across each local authority within Birmingham, dissecting the city down the middle to find what the North-South divide currently looks like. 

The research shows that house prices in local authorities to the north average £194,227, while areas in the south command £209,428 - 8% more. 

In fact, all but one local authority in the south is home to an average house price of more than £200,000. 

Edgbaston is home to the highest house prices in the south of Birmingham, coming in at £233,736. Selly Oak also ranks high at £227,911, followed by Hall Green (£213,028) and Northfield (£200,456). 

Yardly is the only area to the south of Birmingham boasting a more affordable property market, with the average house price currently sitting at £177,102.

In contrast, just one local authority to the north of Birmingham is home to an average house price above £200,000. 

Hodge Hill is the most affordable of the lot at £162,579, with Perry Barr (£164,047), Ladywood (£166,796) and Erdington (£171,686) also coming in below that of any area to the south of Birmingham. 

However, at £361,906, Sutton Coldfield is by far the most expensive area of the Birmingham housing market and the only area to buck the wider trend of affordability found in the north of Birmingham. 

James Forrester, Managing Director of Birmingham estate agent Barrows and Forrester, commented:

“There is quite a noticeable North-South divide where the Birmingham property market is concerned, with the southern half boasting considerably higher house prices. However, there remain good pockets of affordability both centrally and to the north of the city centre and with such extensive regeneration plans underway, these areas are only likely to grow in value. 

We’re already seeing high demand from buyers across these areas and even further afield, which was the primary reason we opened our Lichfield branch and this ongoing buyer interest is only going to strengthen the market across Birmingham and the surrounding areas.”

Jemma Harrison, Branch Manager of Barrows and Forrester’s Lichfield branch, commented:

“Sutton Coldfield is one of the more desirable areas in the north of Birmingham but house prices have climbed incredibly high and so many buyers are looking for that next best option. While it falls outside the Birmingham boundary, Lichfield has become that option for many, as the more affordable market allows them to buy bigger, but while remaining within reach of Birmingham.”

Data tables

Data sourced from the Land Registry - UK House Price Index

View the data tables online here. 

The latest market analysis from estate and lettings agent, Barrows and Forrester, has revealed how much less it can cost to live just a stone’s throw from some of the most sought after areas across eight major cities to help homebuyers cut the cost of homeownership without completely forsaking their area of choice.

The UK’s housing market is on fire. Since the start of the pandemic, house prices have increased by almost 10% due to surging demand facing off with stagnant supply. 

It is revealed that by buying a property just five or ten minutes down the road, buyers can benefit from all of the perks they’re looking for while saving an average of 34% on the purchase price. 

Next best sought after property hotspots for homebuyers

The biggest savings on offer is in Newcastle, where homes in Jesmond, an upmarket area of boutique clothes shops, cafes and cocktail bars, cost, on average, £262 per sq ft. Just next door is Byker, a less in-demand area yet one recently called ‘the best neighbourhood in the UK’, where homes cost just £119 per sq ft; a saving of 55%. 

In Leeds, Holbeck Urban Village is a desirable hotspot. A former industrial site that has recently been transformed into a stunning community tech/media hub, homes here cost £225 per sq ft. Buyers can maintain access to all of the great perks of the Urban Village by choosing to live in Holbeck, less than 1.5 miles away, where homes are 44% more affordable at £125 per sq ft.

Manchester’s Altrincham was once named as ‘the best place to live in Britain’ by The Sunday Times. Homes here cost £389 per sq ft but homebuyers can enjoy this picturesque suburb for much less money by living a few miles away in Wythenshawe where property is 40% cheaper at £234 per sq ft. 

Liverpool’s Mossley Hill is an affluent area with good schools and a low level of crime. As such, homes are expensive at £298 per sq ft. The Toxteth area, around two miles away, is home to the glorious Sefton Park. Property here is £182 per sq ft, 39% less than Mossley Hill. 

The same is true for Hammersmith in London. Homes here are 39% more affordable than in desirable, celeb-filled Kensington, less than 10 minutes away, where property costs an unbelievable £1,423 per sq ft. 

While opting for the next best option to the most desirable property hotspots in Birmingham, Nottingham, and Bristol won’t save you as much, homebuyers can still benefit by between 12% to 26% by making a slight compromise on location.

Managing Director of Barrows and Forrester, James Forrester, commented:

“Homebuying is all about aspiration and owning our own home fills us with a huge amount of pride, so it’s natural for homebuyers to want to live in the very best area we can afford.

However, in our major cities in particular, the top rung of the property market is often the preserve of the high-end homebuyer and so the average person tends to find themselves priced out of the market and looking further afield for greater affordability.

By shifting your search just a few minutes down the road, you’ll find there is often a considerable saving to be made that also allows you to easily access and enjoy the same areas as those paying a fair bit more than you are for the pleasure. 

In many cases, this ripple effect often leads to greater demand and an uplift in property values in these surrounding areas and so not only will it save you money climbing the ladder now, but you may well find your property has climbed in value by a greater margin when you come to sell.”

Table shows areas of UK cities where people hope to live and alternatives they could choose instead , with the average property price (per square foot) in each, alongside the % difference.
City Favoured Location Alternative Favoured location house price £ per sq ft Alternative location house price £ per sq ft Difference %
Newcastle Jesmond Byker £262 £119 -55%
Leeds Holbeck Urban Village Holbeck £225 £125 -44%
Manchester Altrincham Wythenshawe £389 £234 -40%
Liverpool Mossley Hill Toxteth / Sefton Park £298 £182 -39%
London Kensington Hammersmith £1,423 £875 -39%
Birmingham Edgbaston Smethwick £270 £201 -26%
Nottingham The Park The Meadows £284 £225 -21%
Bristol Wapping Wharf Temple Meads £489 £428 -12%
Average £406 £269 -34%

Market data sourced from PropertyData.

The latest analysis from estate and lettings agent, Barrows and Forrester, shows that the cost of council tax has climbed by as much as £145 in parts of the country, as yet another cost associated with our homes puts a squeeze on our household finances.

From groceries to utilities, the rising cost of living is causing financial instability for homeowners and renters across the country. 

One of the most significant costs associated with our homes, other than our rent or mortgage, is council tax and Barrows and Forrester has looked at how this annual cost has changed and which areas have seen the largest increase. 

Council Tax Changes

At £1,493, the average household in England is now paying 4.5% more than they were last year - that’s an increase of £64.

The biggest percentage increase in the country has been seen in Ashford, Kent, where this annual cost has climbed by 9.1%. As a result, Ashford has also seen the largest monetary increase at £145, one of 18 areas of England where the annual cost of council tax has increased by more than £100.

Other areas to have seen this cost climb by more than £100 include Runnymede, Woking, Elmbridge, Bedford, Croydon, St Albans, Reigate and Banstead, Broxbourne, Mole Valley, Craven, Guildford, Mid Devon, Rutland, East Cambridgeshire, Watford, Waverley and South Oxfordshire. 

In terms of the percentage increase versus last year, Manchester (8.7%), Bedford (8.1%), Salford (8.1%), Croydon (7.8%), Hyndburn (7.6%), Broxbourne (7.4%), Islington (7.4%), Runnymede (7.4%), Haringey (7.2%) are the areas to have seen the largest increase in council tax costs. 

The smallest yearly increases have been seen in South Somerset (1.3%), Eden (1.5%), and Bristol (1.8%).

Managing Director of Barrows and Forrester, James Forrester, commented:

“It’s certainly shaping up to be a bleak year for many households with the increasing cost of living squeezing our finances on all sides, whether it be the price of petrol, our weekly food shop, energy prices or council tax. 

There’s a very strong chance we will also see mortgage costs continue to climb as the year goes on, while the cost of renting also looks set to increase and this will put further strain on those that are already cutting back to the extreme in order to get by. 

At the same time, wages have failed to keep pace and the Government has done little to help, with the most significant offering being a very marginal reduction in National Insurance which isn’t due to be implemented until July. For those really up against it, this meagre offering is likely to be far too little too late and we need to see more action being taken now to address this dire situation.”

Data Tables

Council tax data sourced from Gov.uk.

Table shows how the cost of council tax has increase across each region between the 21-22 and 22-23 tax years
Location CT 2021-22 CT 2022-23 1 year change (2021-22 to 2022-23) £ 1 year change (2021-22 to 2022-23) %
Yorkshire and the Humber £1,341 £1,406 £65 4.8%
East of England £1,542 £1,615 £73 4.8%
London £1,344 £1,408 £64 4.7%
North West £1,299 £1,357 £58 4.5%
South East £1,711 £1,785 £74 4.4%
East Midlands £1,413 £1,474 £61 4.3%
West Midlands region £1,391 £1,451 £60 4.3%
North East £1,207 £1,258 £51 4.2%
South West £1,568 £1,627 £59 3.8%
England £1,428 £1,493 £64 4.5%
Table shows the 18 areas of England that have seen the cost of council tax increase by more than £100 between the 21-22 and 22-23 tax years
Location CT 2021-22 CT 2022-23 1 year change £ 1 year change %
Ashford £1,592 £1,736 £145 9.10%
Runnymede £1,895 £2,035 £139 7.40%
Woking £1,987 £2,124 £137 6.90%
Elmbridge £2,313 £2,439 £126 5.40%
Bedford £1,536 £1,660 £124 8.10%
Croydon £1,547 £1,668 £120 7.80%
St Albans £1,938 £2,056 £118 6.10%
Reigate and Banstead £2,068 £2,185 £117 5.70%
Broxbourne £1,550 £1,665 £115 7.40%
Mole Valley £2,172 £2,287 £115 5.30%
Craven £1,637 £1,748 £110 6.70%
Guildford £2,082 £2,190 £108 5.20%
Mid Devon £1,665 £1,772 £106 6.40%
Rutland £2,050 £2,156 £106 5.20%
East Cambridgeshire £1,555 £1,662 £106 6.80%
Watford £1,615 £1,719 £104 6.40%
Waverley £2,172 £2,274 £103 4.70%
South Oxfordshire £1,961 £2,060 £100 5.10%
Table shows the areas of England that have seen the largest % increase in the cost of council tax between the 21-22 and 22-23 tax years
Location CT 2021-22 CT 2022-23 1 year change £ 1 year change %
Ashford £1,592 £1,736 £145 9.1%
Manchester £958 £1,042 £84 8.7%
Bedford £1,536 £1,660 £124 8.1%
Salford £1,153 £1,246 £93 8.1%
Croydon £1,547 £1,668 £120 7.8%
Hyndburn £1,121 £1,206 £85 7.6%
Broxbourne £1,550 £1,665 £115 7.4%
Islington £1,215 £1,305 £89 7.4%
Runnymede £1,895 £2,035 £139 7.4%
Haringey £1,269 £1,361 £91 7.2%
Table shows the areas of England that have seen the lowest % increase in the cost of council tax between the 21-22 and 22-23 tax years
Location CT 2021-22 CT 2022-23 1 year change £ 1 year change %
South Somerset £1,564 £1,584 £21 1.3%
Eden £1,583 £1,607 £24 1.5%
City of Bristol £1,416 £1,443 £26 1.8%
City of Plymouth £1,257 £1,283 £26 2.0%
Carlisle £1,340 £1,371 £31 2.3%
City of Derby £1,196 £1,225 £28 2.4%
Allerdale £1,344 £1,376 £32 2.4%
Telford and Wrekin £1,271 £1,304 £32 2.5%
Copeland £1,279 £1,311 £32 2.5%
North Norfolk £1,483 £1,522 £39 2.6%

 

Estate and lettings agent, Barrows and Forrester, has revealed the five biggest homebuyer turn-offs and how much money each of them can remove from a home’s market value.

Bad/nuisance neighbours

For most people, living next-door to nuisance neighbours is a worst case scenario. Sometimes they make loud noises long into the night; sometimes they’re constantly in the garden partying; and sometimes they’re committing rowdy, even abusive behaviour towards everyone living around them. Sometimes, of course, it’s all of the above and more.

Homebuyers will move heaven and earth to avoid moving in next door to bad neighbours, so much so that a property can struggle to even garner buyer interest and the seller ends up having to lower the asking price by at least 10%. With today’s average house price, this means bad neighbours reduce value £27,376.

 

Poor upkeep of home’s exterior and gardens

Unlike bad neighbours, this one is completely within the control of the seller, so there’s not really any excuse for letting it happen. General disrepair and shoddy appearance have a huge impact on first impressions, completely turning off a buyer before they’ve even stepped inside the property. 

It is easy to make a home look clean and tidy from the outside, requiring only a broom, a pot of paint, and maybe a rented power washer. When it comes to the garden, if it’s overgrown or being used as a dump site, buyers are likely to already have a negative opinion of the home before they’ve even stepped foot inside it. Such is the power of this turn-off that it can reduce the value of a home by more than 14%, or £38,600.  

 

Evidence of pets

We are a nation of pet lovers, but we’re also fastidious when it comes to cleanliness. Evidence of pet hair in the carpets and strong odours in the air are big buyer turn-offs and can reduce their perceived value of a home by 4%, or £11,000. 

 

Parking problems

A convenient and secure parking space continues to be one of the most important things for homebuyers, so much so that a safe, private space can increase the value of a home by as much as £22,500 while the complete absence of a parking option will strip 7%, or £19,500, off the value of a home. 

 

Dirty, cluttered and smelly 

It is absolutely essential that sellers clean and tidy their property before inviting prospective buyers to view it. It is easy to do and improves first impressions ten-fold. In the days leading up to a viewing, it’s always good to open the windows for a few hours and let some fresh air in to make sure that the home doesn’t smell musty and to eliminate any odours that the current owners no longer notice but strangers are likely to clock. If a house is not clean and tidy, it can again knock as much as 11% off the potential market value (£11,000). 


Managing Director of Barrows and Forrester
, James Forrester, commented:

“Homebuyers are an understandably picky bunch. They’re looking for their own version of perfection and this can differ wildly from one buyer to the next. So don’t take it personally if they aren’t all as enthusiastic about your house as you once were, or if it takes you a little while longer than expected to sell. 

Of course there are plenty of things you can do to increase your chances of impressing a buyer and securing a sale, as well as plenty of things that can do the opposite.

“Presentation is vital and you need to ensure you are presenting the best version of your property that you can, whether it be in the initial photos taken or during the viewing process. Failing to do so can not only reduce interest and see your home remain sat on the market for far longer, but it can also cost you when you finally do find a buyer.”

 

Table shows the impact of each issue on the value of a home based on the current UK average of £273,762
Turn-offs Impact to property value (%) Impact to property value (£)
Nuisance neighbours -10% -£27,376
Unkept garden -14.1% -£38,600
Evidence of pets -4.0% -£10,950
Parking issues such as no private parking -7.1% -£19,437
General poor upkeep -4.0% -£10,950

 

Average house price data sourced from Gov.UK: HPI.

Data on the impact of each issue to a property’s value sourced from Speed Property Buyers, The Express, Chronicle Live, Essex Live, and Chancellors.

Research by estate and lettings agent, Barrows and Forrester, reveals how homeowners can help to protect the environment while adding great value to their property by carrying out some eco-friendly home improvements. But which upgrades add the most value?


Insulation

Upgrading a home’s insulation, specifically solid wall insulation, is one of the best ways of improving efficiency and reducing energy usage. It costs an estimated £2,750 to do but can boost property value by 3%. Based on the average UK house price of £273,762, this equates to £8,213, adding value to the tune of £5,463. This makes it the most profitable eco-friendly upgrade available to homeowners when it comes to adding value to their home, as well as reducing their carbon footprint. 


Electric car charging port

Despite the increasing popularity of electric and hybrid cars, it’s still very rare to find a home that comes with its own charge point. Installation is relatively inexpensive, around £800, and can add around 1.5% to the home’s value, adding £3,306 in value. 


Boiler upgrade

Many homes can still benefit from a good old fashioned boiler upgrade. While notoriously expensive to do, around £2,500, the increased efficiency and longevity that a new boiler provides adds around 1.9% to the home’s value, adding £2,701 in value. 


Tankless water system

Similarly, if a home uses a tank system for its hot water, in which it uses a large tank to store large amounts of water that must then be heated every time hot water is required, it’s a very good idea to replace it with a tankless heater system.  Doing so costs around £1,275 but adds 1.2% to the property’s value, a boost of £1,984. 


Double glazing

Fitting double-glazed windows throughout the home is very expensive, costing an estimated £6,575. It is, however, an essential step towards creating an energy efficient and warm home and is so important to homebuyers that the improvement adds 3% to the value of a property. Measured against the cost, this brings an added value of £1,638.


LED lighting and roof repairs

Increased efficiency and good profits can also be added through installing energy efficient LED lighting throughout the home (£1,069 profit), and addressing any faults or weaknesses with the roof (£987 profit).


Solar panels

One outlier is solar panels. Despite being one of the most common ways of improving the carbon footprint of a home, it seems they do very little in terms of added value. Installation is expensive, around £5,875, while the value added is estimated to be £1,916, a loss of -£3,959. However, there are obvious savings to be made from reduced utility bills, so if the owner is planning to stay in the home for many years to come, solar panels can still offer good savings. 


Managing Director of Barrows and Forrester
, James Forrester, commented:

“Eco-friendly home renovations and upgrades can be a brilliant way of reducing the running costs of your home, which is something that has been brought into focus due to the spiralling cost of living. 

But they don’t just reduce the day to day costs associated with our homes, they can also add value for such a time that you do come to sell. 

In addition to the financial benefits they bring to the home, they can also help us make a positive change with regards to the environment and this eco-friendly conscience is something we are seeing more and more from the modern-day homebuyer.”


Data Tables

Average house price data sourced from Gov.UK: HPI

Renovations information sourced from My Household Quotes. My Job Quote, Checkatrade, and Homehow

 

Table shows eco-friendly home upgrades alongside estimated cost and added value based on the UK average house price of £273,762 (Jan 22)
Eco-friendly renovation / improvement Estimated average cost Estimated added value (%) Estimated added value (£) Added value (£) minus cost
Upgrade insulation (solid wall insulation) £2,750 3.0% £8,213 £5,463
Electric car charge point £800 1.5% £4,106 £3,306
Upgrade boiler £2,500 1.9% £5,201 £2,701
Tankless water heater £1,275 1.2% £3,259 £1,984
Upgrade window double glazing £6,575 3.0% £8,213 £1,638
Energy saving lighting / LED £300 0.5% £1,369 £1,069
Roof £7,500 3.1% £8,487 £987
Fitting solar panels £5,875 0.7% £1,916 -£3,959

 

Research by estate and lettings agent, Barrows and Forrester, reveals which areas of the rental market are currently most in demand amongst tenants, based on the ratio of available rental properties that have already been snapped up. 

The Barrows and Forrester Rental Demand Index monitors rental listings across the nation, taking an average demand score for each English county based on which of them has the highest number of properties already let as a percentage of all rental listings. 

The analysis of all 49 English counties shows that, on average, 40% of all rental properties listed on the market during the first quarter of 2022 had already been taken by tenants keen to kick off the new year in a new rental property. 

The hottest rental spots in the current market?

West Sussex, where a huge 69% of all rental properties had been already let in Q1.. 

Demand is also strong in Cornwall (65%), Wiltshire (63%), Suffolk (60%), Bristol (59%), the Isle of Wight (57%), Dorset (56%), Shropshire (55%), Rutland (55%) Somerset (54%) and Cambridge (54%)..

But not every area of the market is benefitting from a surge in tenant activity so far this year. 

Rental demand is at its lowest in West Yorkshire where just 19% of all listed rental properties has been taken by tenants.

Leicestershire (22.9%), West Midlands County (23%), the City of London (26%), Merseyside (27%), Lancashire (29%), East Riding (30%), South Yorkshire (31%), Tyne & Wear (31%), and Lincolnshire (32%) also ranked amongst the coldest spots in the current rental market.

Managing Director of Barrows and Forrester, James Forrester, commented:

“We’ve seen a fairly strong start to the year where rental demand levels are concerned, although it’s fair to say that an air of pandemic influence remains despite a return to normality after what has been a strange few years, to say the least.

Demand across more urban and industrialised areas of the is still slightly more muted compared to pre-pandemic levels, while country and coastal pockets of the market continue to see very high demand. 

It will be interesting to see how this balance shifts over the coming months as we expect that demand for rental properties across major cities, in particular, will start to build considerably.”

 

Table shows demand for rental homes in English counties as of Q1 2022
Location Q1 2022 Demand %
West Sussex 69%
Cornwall 65%
Wiltshire 63%
Suffolk 60%
Bristol 59%
Isle of Wight 57%
Dorset 56%
Shropshire 55%
Rutland 55%
Somerset 54%
Cambridgeshire 54%
Gloucestershire 53%
Essex 52%
Buckinghamshire 52%
Bedfordshire 51%
Hertfordshire 50%
Bath and North East Somerset 49%
Northamptonshire 48%
Surrey 47%
Herefordshire 46%
Kent 46%
Norfolk 45%
Northumberland 45%
East Sussex 45%
Warwickshire 45%
Cheshire 44%
Hampshire 44%
North Yorkshire 43%
Berkshire 42%
Cumbria 42%
Derbyshire 41%
Greater Manchester 40%
Oxfordshire 39%
Durham 38%
Devon 37%
Staffordshire 35%
Worcestershire 35%
Nottinghamshire 33%
Greater London 33%
Lincolnshire 32%
Tyne and Wear 31%
South Yorkshire 31%
East Riding of Yorkshire 30%
Lancashire 29%
Merseyside 27%
City of London 26%
West Midlands (county) 23%
Leicestershire 23%
West Yorkshire 19%
England 38%

 

With the final season of Peaky Blinders in full swing, the nation is once again gripped by the story of Tommy Shelby and what’s going to unfold during this final chapter.

But for those that want to keep a bit of Peaky blinders in their lives, research by Birmingham-based estate agent, Barrows and Forrester, has taken a look at some of the properties to feature throughout the show, from Aunt Polly's house to the Garrison, to see just how much they’d cost you in today’s market..

 

The original Shelby home

The first Shelby home seen in series one of Peaky Blinders is a terraced house in Small Heath, Birmingham. Today, the modest family property has an estimated value of £191,769. 

 

Aunty Polly’ house

Aunt Polly’s house is a detached Tudor-style property located in the show in Sutton Coldfield, outside Birmingham.  An impressive property of stunning period features, Barrows and Forrester estimate its value today to be £506,240.

 

Tommy Shelby's mansion

As the money starts flowing in, Tommy moves out of Small Heath and into an enormous country manor. Today the 19th Century stately home, actually located in Cheshire, has an estimated value of £1.45 million according to Barrows and Forrester. 

 

Alfie Solomons' home

The mysterious and frankly terrifying Alfie Solomons is one of the most popular characters in the show and rival-turned-friend of Tommy Shelby.

Operating out of Camden Town, if you were to buy a converted warehouse space in today’s market you can expect to pay an estimated £1.4 million.

 

May Carleton's house

Tommy hires aristocratic horse-trainer May Carleton to help train the Shelby race horse. She lives in her late-husband’s mansion for which the famous Chatsworth House in the Peak District was used for filming. The value of Chatsworth is estimated to be £27.5 million. 

 

Darby Sabini's club

Darby Sabini is a British Italian gang leader from London who runs a jazz bar called The Eden Club. Located in Eden Street, near London’s Euston Station, the estimated value of the property today is £4.1 million.

 

The Garrison 

The Shelby pub, the Garrison, is the setting for some of the show’s most tense and exciting moments. Situated on Garrison Lane in Birmingham, Barrows and Forrester estimated its modern day value to be £909,645. 

 

Managing Director of Barrows and Forrester, James Forrester, commented:

“It’s fair to say that Peaky Blinders has been a bit of a phenomenon that has put Birmingham on the map with an international audience and influenced everything from fashion to baby names. 

The good news is, for those looking to snap up some Shebly inspired bricks and mortar, there’s plenty of options at all areas of the market, whether it’s a modest terraced house or an extravagant country manner. ”

In celebration of St. Patrick’s Day, estate agent Barrows and Forrester reveals which Paddy’s-themed street names, from Guinness to Clover, command the highest house prices in the British Isles. 

St. Patrick’s Day is here again and, on 17th March, countless celebrations will be held throughout the British Isles and beyond, so much so that it’s estimated that 13 million pints of Guinness are sold worldwide each and every Paddy’s Day. What started as a religious holiday in Ireland has become a day when everyone around the world finds a reason to be Irish and enjoy a pint of the black stuff. 

But what effect is this global popularity having on St. Patrick-themed street names here in Britain? Well, the ever-intrepid Barrows and Forrester has conducted the painstaking research to discover that street names including the word ‘Guinness’ command the highest Paddy’s house price, at an average of £335,000. The most expensive of them all is Guinness Drive in Wainscott, Rochester, which, with an average asking price of £425,000 must surely be the most expensive Guinness in the land.

Street names containing the word ‘Green’ have the second-highest average house price at £287,000, with the most expensive of them being Greencroft Gardens in Camden where the average house sells for a heady £6.2 million.  

Next up are street names containing ‘Saint’ which command an average price of £280,000, the most expensive of which is All Saints Road in Kensington & Chelsea with an average price of £1.5 million.

Properties selling on roads with ‘Emerald’ in the name are home to average price of £258,500, the most expensive example being Emerald Avenue in Fleet, Hampshire at £660,000. 

‘Clover’ commands an average price of £247,500, with Clover Road in Altrincham, Greater Manchester leading the way with a sold price of £715,000. 

‘Patrick’ comes next with an average of £239,000 and ‘Irish’ completes the list with an average asking price of £139,000.

Managing Director of Barrows and Forrester, James Forrester, commented:

“While Guinness is the name of the most famous Irish drink in the world, it's also one of the most popular surnames in Ireland, stretching back to 3BC. 

In fact, it’s a name shared by some of the country’s most powerful historical figures, from owners of land to rulers of people. This heritage continues today with their namesake streets boasting the most expensive St. Patrick’s-themed homes in the land, even this side of the Irish Sea.

So if you prefer your Guinness to be made of bricks and mortar rather than yeast and barley, you’re gonna have to pay a handsome price.”

 

Data Tables

Price paid data sourced from Gov.UK: Price Paid Data and based on sold price records across each St Patrick’s Day related road name over the last 12 months - Feb 21 to Jan 22.

Table shows Paddy's Day-themed words found in street names and their median house price based on price paid data from Feb 21 - Jan 22
St Patrick's Day words Average (median) sold price
Guinness £335,000
Green £287,000
Saint £280,000
Emerald £258,500
Clover £247,500
Patrick £239,000
Irish £139,000

 

Table shows most expensive examples of homes sold on Paddy's Day-themed street names between Feb 21 - Jan 22
Street name Town.City Sold Price
GUINNESS DRIVE ROCHESTER £425,000
GREENCROFT GARDENS LONDON £6,180,000
ALL SAINTS ROAD LONDON £1,535,000
EMERALD AVENUE FLEET £660,000
CLOVER ROAD ALTRINCHAM £715,000
KILPATRICK WAY HAYES £660,000
IRISH STREET WHITEHAVEN £149,950

 

Research from Barrows and Forrester has revealed which areas of the property market offer the best options for homebuyers who want to buy some bricks and mortar while maintaining a good level of trees within the surrounding area, with the data showing that areas where more trees have been planted are actually home to far more affordable property values. 

Across England, it is estimated that 15.1 million trees were planted between 2010-2018. With the national average house price currently sitting at £293,339.

But which regions of England have got the most newly planted trees and, therefore, make ideal homes for those wanting to live in green areas with good air quality? 

At the top of the list is the North West which has seen more than 2.7 million trees planted between 2010-2018. With an average regional house price of £200,172, it’s also one of the more affordable regions for a property purchase. 

Next is the South West where 2 million trees have been newly planted although the average house price is a far less affordable £314,037; followed by the East Midlands where 2 million trees and an average house price of £212,229, again a far easier step on to the ladder for tree friendly homebuyers. 

Those looking for an abundance of trees and affordable property prices would do well to steer clear of what are traditionally two of the strongest regions of the property market. 

The region with the least number of newly planted trees is London, where just 19,100 were planted between 2010-2018 and a property will set you back a huge £521,146, meanwhile, the South East has had just 1.2 million new trees planted and is home to an average price of £380,237.

In fact, the good news for homebuyers is that even at a more local level, more trees tends to mean lower property prices. 

In fact, of those places that have more than 200,000 newly planted trees, including Northumberland, Carlisle, County Durham, and Allerdale, are home to a combined average house price of £275,738. 

Meanwhile, in those places that have between 100,000-200,000 new trees, including Harrogate, East Suffolk, Oldham, and Shropshire, the average house price is £281,305. 

And finally, in those places that have recorded zero newly planted trees, including the vast majority of London boroughs, the average house price is a hefty £406,303

Managing Director of Barrows and Forrester, James Forrester, commented:

“Given how buyers have become obsessed with green, spacious living locations in the years since the pandemic, one would assume that those areas with the most newly planted trees would command higher house prices, but our research suggests that the opposite is, in fact, true. 

“The simple explanation for this is that our big cities, where house prices are often highest, are not planting many or any trees, while those more rural areas populated by smaller towns and villages, where prices tend to be lower, are planting a lot of new trees.

“This is wonderful news for anyone who considers green space and clean air a priority in their property search, because it’s usually the case that our list of must-haves increase the price we have to pay for a home. But, for these people, their wish list is actually saving them money.”

 

Data Tables

Trees planted data sourced from The Forestry Commission

Land use data sourced from Gov.UK - Live tables for land use

Average house price data sourced from Gov.UK - House Price Index

 

Table shows English regions, their number of newly planted trees, their average house price, and the resulting house price per newly planted tree.
Location Est number of trees newly planted 2010-2018 AveHP - Dec 2021
ENGLAND 15,089,500 £293,339
NORTH WEST 2,754,600 £200,172
SOUTH WEST 2,067,600 £314,037
EAST MIDLANDS 2,045,200 £235,004
WEST MIDLANDS 1,956,400 £212,229
NORTH EAST 1,779,800 £147,214
EAST OF ENGLAND 1,649,800 £339,502
YORKSHIRE AND THE HUMBER 1,550,600 £196,877
SOUTH EAST 1,266,500 £380,237
LONDON 19,100 £521,146

 

Table shows number of newly planted trees vs. average house price
Newly planted trees Average house price
200,000+ £275,738
100,000+ to 200,000 £281,305
All trees £280,837
No trees £406,303

 

Research by estate and lettings agent, Barrows and Forrester, has revealed which local councils are sitting at the top of their respective housing markets when it comes to the value of office bricks and mortar versus their wider area. 

Barrows and Forrester analysed current market values across each postcode that was home to a local council head office and how this value compared to the wider area to reveal which councils have the most exclusive property portfolio. 

The research shows that no less than 40% of local councils have their main offices located in outcode areas with more expensive property prices than the wider local authority.

Highest council house price premium (%)

When it comes to the highest property price premium, County Durham council ranks top. The council’s main office is located inside the DH1 postcode area where the average property price is £238,738. 

The average property price across the wider local authority, however, is just £123,123, meaning that the council’s main office is located in an outcode area 94% more expensive than the wider region.

The Welsh council of Denbighshire boasts the second highest council office house price premium in Britain. Located within the LL15 postcode, the average property price is £300,241, 56% more valuable than the average across the wider local authority. 

Other local councils to sit at the top of their local property markets include West Northamptonshire (52%), Ceredigion (48%), City of Westminster (44%), New Forest (43%), Lincoln (40%), East Ayrshire (40%), City of London (40%), and West Lancashire (39%). 

Highest council house price premium (£)

Of course, London ranks top where the largest pounds and pence house price premium is concerned. 

The City of Westminster’s local council office is located in the SW1 postcode, home to an average house price of £1.4m. While this is only 44% higher than the wider average in the borough, it comes in at a huge £434,098 more expensive. 

Kensington and Chelsea (£373,433) and the City of London (£323,535) also rank within the top three.

Managing Director of Barrows and Forrester, James Forrester, commented:

“Who would have thought that 40% of councils have decided to pitch up in areas where property values are far higher than the wider areas they serve. 

No wonder we can’t get simple tasks sorted like filling potholes, the majority of our council tax must be going on the upkeep of these pricey property portfolios.”

Table shows the councils with the highest property price premium (%) when comparing the postcode of their main office with the wider local authority

Location Outcode Outcode ave price LA ave price - Nov 2021 Difference £ - outcode vs LA Difference % - outcode vs LA
County Durham DH1 £238,738 £123,123 £115,615 94%
Denbighshire LL15 £300,241 £192,314 £107,927 56%
West Northamptonshire NN1/NN11/NN12 £417,576 £275,221 £142,355 52%
Ceredigion SA46 £366,604 £247,529 £119,075 48%
City of Westminster SW1E £1,413,010 £978,912 £434,098 44%
New Forest SO43 £562,559 £392,893 £169,666 43%
Lincoln LN1 £248,763 £177,705 £71,058 40%
East Ayrshire KA3 £165,824 £118,556 £47,268 40%
City of London EC2 £1,136,448 £812,914 £323,534 40%
West Lancashire L39 £312,344 £224,600 £87,744 39%

Table shows the councils with the highest property price premium (%£ when comparing the postcode of their main office with the wider local authority

Location Outcode Outcode ave price LA ave price - Nov 2021 Difference £ - outcode vs LA Difference % - outcode vs LA
City of Westminster SW1 £1,413,010 £978,912 £434,098 44%
Kensington & Chelsea W8 £1,689,420 £1,315,987 £373,433 28%
City of London EC2 £1,136,448 £812,914 £323,534 40%
New Forest SO43 £562,559 £392,893 £169,666 43%
Elmbridge KT10 £377,027 £216,163 £160,864 74%
West Northamptonshire NN12 £853,227 £692,497 £160,730 23%
Lewes BN7 £417,576 £275,221 £142,355 52%
Ealing W5 £515,908 £375,796 £140,112 37%
Ceredigion SA46 £642,208 £521,284 £120,924 23%
County Durham DH1 £366,604 £247,529 £119,075 48%

Average property price data sourced from Gov.uk: House Price Index.

Outcode price data sourced from PropertyDataRightmoveZoopla, and Home.co.uk