The Cheapest Streets in Britain.....

HAMISH_MCTAVISH

The average house price of the ten cheapest streets in Britain.......
http://uk.biz.yahoo.com/12042010/389/cheapest-street-britain.html

Fernhill
Mountain Ash
Wales
£28,600

Oxford Street
Brierfield
North West
£32,800

Ann Street
South Bank
North East
£32,900

Edward Street
South Bank
North East
£34,200

Scarborough Street
Middlesbrough
North East
£34,400

Redcar Road
Middlesbrough
North East
£34,400

Victoria Street
South Bank
North East
£35,600

Wood Street
Burnley
North West
£35,700

Elmwood Street
Burnley
North West
£35,800

Altham Street
Burnley
North West
£35,900

Apparently these streets exist only in a bizarre dimension, hidden in a rift in the space time continuum, where BTL never happened, there was no credit boom, banks never issued 100% mortgages, or any of the other fallacious bear memes.....

Or maybe, just maybe...... It's all down to supply and demand after all.;)

tomstickland

Fernhill
Mountain Ash
Wales
£28,600

Mountain ash is famous as the place where the local kids were taking pot shots at mountain bike riders using air rifles.

HAMISH_MCTAVISH

tomstickland wrote: »

Mountain ash is famous as the place where the local kids were taking pot shots at mountain bike riders using air rifles.

Sounds about right to me,with prices that cheap.

Although I note that even there, prices have risen in the last year.:beer:

The housing shortage in the UK is of the types people want, in the place people want to live, and where the employment exists to support them.

Having a surplus in a place nobody wants to live, where you can get shot going on a bike ride, is of course of no benefit or relevance to everyone else.

PasturesNew

HAMISH_MCTAVISH wrote: »

Mountain Ash
Wales
£28,600

Right now, in Mountain Ash, you can "rent to buy" a 3 bed house for £100/month: http://www.rightmove.co.uk/property-to-rent/property-29293382.html

It last sold in September 2007 for £68k: http://www.houseprices.co.uk/e.php?q=13+cf37+3lh&n=10

Zoopla reckons it's worth £57,672

FATBALLZ

What were the prices of the cheapest streets 15 years ago?

LilacPixie

I am surprised nothing in Scotland.

Running_Horse

A house sold here for £11,500 last year. Most houses in the street look like quite nice.

http://maps.google.co.uk/maps?hl=en&ie=UTF8&ll=54.594793,-1.241798&spn=0,0.07699&t=h&z=14&layer=c&cbll=54.59499,-1.242024&panoid=74ObkTH9Ew5iHHJNeeFAGA&cbp=12,300.61,,0,2.16

Some of those other roads look like they are history:

http://maps.google.co.uk/maps?hl=en&q=ann+street+middlesbrough&ie=UTF8&hq=&hnear=Ann+St,+South+Bank,+Middlesbrough,+Cleveland+TS6,+United+Kingdom&ll=54.575619,-1.177061&spn=0,0.019248&t=h&z=16&layer=c&cbll=54.575378,-1.176853&panoid=yNDmGPwUEH8SintzjLqHUw&cbp=12,2.54,,0,4.9

Would you really pay £38,500 for one of these houses off Elmwood Street Burnley?

http://maps.google.co.uk/maps?f=q&source=s_q&hl=en&geocode=&q=elmwood+street+burnley&sll=54.580817,-1.194077&sspn=0.283339,0.615921&ie=UTF8&hq=&hnear=Elmwood+St,+Burnley,+Lancashire+BB11+4BP,+United+Kingdom&ll=53.787634,-2.262594&spn=0,0.009624&t=h&z=17&layer=c&cbll=53.78776,-2.262651&panoid=LVePu3SeCwE1vn1-6X0Twg&cbp=12,208.49,,0,0.89

Plenty of supply, but no demand except for whichever government department is buying and demolishing them.

bo_drinker

PasturesNew wrote: »

Zoopla reckons it's worth £57,672

If you went there you wouldn't give half that for the whole street. :rotfl:

PasturesNew

bo_drinker wrote: »

If you went there you wouldn't give half that for the whole street. :rotfl:

I've recently moved from not far away from there

I've heard that it's hard to buy up in that area as a lot of surveyors refuse point blank to go near them to value them as it's deemed too rough for them.

Pobby

Fernhill. My goodness.

sjaypink

Every now and again I consider that I could buy a really quite nice place in <burnley/ mountain ash/ hull etc> for the price of a bedsit here.... but there is still no real attraction in that idea....

I guess HM is right- supply & demand. If people were really that desperate for affordable housing- would they not just move? I don't know what I'm saying.... I guess I just mean people say the British are obsessed with home ownership.... well maybe not that obsessed? < might return to elaborate when sober... :cool: