Why are terraced houses not cheaper?

geri1965_2

undercoat11 wrote: »

Often the terraced houses don't even have a parking space and it could mean parking down the road and then walking to your house with all your shopping.

Heaven forbid that people should have to walk anywhere, in this day and age!

I have a Victorian terrace and I love them. There is no way I would ever consider moving to a semi.

*shudders*

undercoat11

Hi

You have to admit that £100 worth of shopping is rather easier to handle in a car than trying to transport it 2 miles (that is the distance from the supermarket I am talking about). I now know why so many of these terraces have Sainsburys shopping trolleys in the front garden.

Reds-on-Sea

I don't know if it's the same for every town, but the terraced houses where I live are mainly in the town centre, as you spread out, the houses get larger and newer. I got a lovely 1950s semi with huge garden 3 miles out for the same price as a teeny tiny 2 up, 2 down terrace in the town centre. I can totally see the benefits of both, but mainly you're paying for transport links and convenience. it also works on a larger scale, the houses on the "london side" of town are dearer than the houses on the farther side. it depends on your lifestyle I guess. That's why some people pay ££silly to live in a tiny studio flat in the middle of London when they could get a big 3/4 bed house in any other town )

giger

By terraces, I assume you also mean 'town house' - the new trendy terrace! It seems like they try to create a 'lifestyle' for ppl to buy into. We live in a new estate and the 'town houses' (2/3 storey) sell for the same price as semis, but sometimes as much as the detached houses!

I can't work it out. They don't have drives either, but I am sure they try to sell you the idea of a trendy lifestyle, with trendy neighbours, and trendy cars parked outside (on the road).

It doesn't make any sense to me.

undercoat11

I think it probably depends where you live. I live in a big city and there is a huge variety of housing some old, some new. You wouldn't find much housing in the city centre at all (except those 'orrible city centre flats).

I compared the price of a 1930s detached house (approximately £275,000) and a victorian terrace with 3 beds, so quite a big one - £299,000. The terraces are a long way from the shops, as is the detached house, which is actually just around the corner from them. I have no idea why the detached house is so cheap (comparatively speaking) because it looks really nice to me with a garage and a neat front garden - may be it's falling down when you get inside? I just look at the road which is lined with cars because there is no where to park in a road with terraces (and yes, I can walk and I do, but I still like to park my lump of metal on a drive rather than the street).

kunekune

Around here, terraces cost less than semis. They don't have gardens and they only have on-street parking. However ... they may well be bigger on the inside (a bit like a Sainsbury's tardis birthday cake). If bedroom sizes are important, the three bed semis are hopeless - they are two beds and a boxroom in this area. It's all very local - in some places terraces have gardens. I don't think it's possible to generalise.

EdInvestor

Totally a matter of location.In addition, in some areas "period' property attracts a premium, whereas in others, the reverse is the case. if you can catch an area "on the turn". from anti-period property to pro, it's a great way to make money.

Idiophreak

Have to say, I see this as very good news for myself - I really don't think I could live in a terrace, I'm just not a good neighbour - so cheaper semis is all good for me

bryanb

Idiophreak wrote: »

Have to say, I see this as very good news for myself - I really don't think I could live in a terrace, I'm just not a good neighbour - so cheaper semis is all good for me

What about the semi neighbour? Semis are like terraces on one side.

dadsarmy

Just exchanged :j contracts on our 285K 3 bed 1 ensuite 2 garage detached bungalow in ¼ acre plot Wiltshire village

Two of us (40 – 55 group) have put down reservation fee on new fisherman style 3 bed 1 en-suite 1 cloak terrace 180K no parking footpath access only in small seaside town

Why? We like the idea of small terrace – less to heat – less to maintain so therefore cost less in long term

Plus next door to pub :beer: with beer garden so people watching a plus

115 metres from sea (less in high tide?) and south west coast path

Selling car and will use public transport – so will not have to work for longer as much cheaper.

That`s why we would pay a bit more