Your property up north is worth far less than in the south east!!

breadlinebetty

Gorgeous_George wrote: »

I think it rather depends on how you define 'worth'.

A house provides somewhere to live and that is worth the same no matter where you may be based. Sure, the weather is cooler up t'North but many people prefer that. Who wants to suffer from skin cancer anyway?

Wages can be higher in the South but that is not always the case. Many workers earn less than the average wage in the South and they cannot afford a decent home. Earn £20K in the North and you could probably afford a nice semi with a decent sized garden in many towns. Of course, some in the North earn more than average wages.

I think the reason houses cost so much down South is because Southerners are prepared to pay more for the same product. I'm not sure how MSE that is!

I have lived on the south coast in the past and it is awful when all the holidaymakers visit. There are so many stunning places up North but if it is sunshine and beaches that you crave, head for the Canaries.

GG

It's not just colder up north, it's wetter too. Grey skies and loads of rain...........makes for depression and SAD in a lot of people. I have to say I do like the sunny south and warmer weather, and if you slap on sunscreen sun cancer isn't an issue. It is an issue in the Canaries though - and there's nought to do there - ugly place the Canaries.

Blitz01

evoke wrote: »

It's simply because most people don't want to live in the North.

Exactly.
It's cheap ooop north for a reason.......

poppysarah

breadlinebetty wrote: »

Does anyone think this is news? Everyone knows property in London and Surrey is worth much more than property up north.:(

Does anyone care?

It always seems to impress people that they have to pay more for something to live in. They never feel the same way about price increases on anything else though.

Blitz01

poppysarah wrote: »

Does anyone care?

It always seems to impress people that they have to pay more for something to live in. They never feel the same way about price increases on anything else though.

I don't feel impressed at all.
I live 30 mins from London, and my house up north would still be circa £300K.

But then why would i want a big house, and shove it in the middle of 'upo North land'?

olias

Thermidor wrote: »

Of course, down south they have better weather and a much more prosperous feel to the place. Weather does make a difference, up north it can be very grim with lots of grey skies, rain and it's colder too. Brrrrrrr.......

evoke wrote: »

It's simply because most people don't want to live in the North.

breadlinebetty wrote: »

It's not just colder up north, it's wetter too. Grey skies and loads of rain...........makes for depression and SAD in a lot of people.

I have never heard such a load of cobblers. There are plenty of places in the North with a prosperous feel to them, similarly there are plenty of places in the South that are run down, ugly and neglected. As for the North being all grey skies and rain - does in not rain in the South? It did when I lived down there. We also get plenty of sunshine up here - it's not the arctic you know! And as for most people not wanting to live in the North, Tell that to the people of Manchester, Liverpool, Tyneside, Teesside, Sheffield, or any of the other areas that are vastly more populous that anywhere in the South, with the exception of London.

If the North is so bad, why do Southerners flock here for holidays to places like the Lake District, The Dales, Northumbria, Scotland, and all buy up holiday homes so they can keep returning.

Olias

CloudCuckooLand

You couldn't pay me enough to live within the M25, so not too bothered what prices are inside the "ring of stupidity"...there are other places outside of "the North" that are pretty nice to live, if weather/temperature is a factor.

However, those who brag about their property forget that it is not simply worth more. It also costs more. So the lifestyle you could have is limited by paying for the roof over your head, in the SE.

Would like to see a matching analysis of mortgages...the debts of those in the SE are probably equally large...

missile

For many the world ends north of Watford

Lance

Where's Hamish, he won't believe this story. As for the difference in temperature you get used to it. Last week at the Spurs / Newcastle match the soft Southerners were all wraped up in thick coats whilst the Geordies were mostly in teashirts and some took their teashirts off and didn't even shiver. Not the women thankfully.

sonastin

Its largely irrelevant meaningless statistics. Unless we are going to switch back to a feudal system, no one is going to be owning ALL the property in any one district. My house in the North (if the bank will let me buy it) will be worth/cost more than my boyfriend's house in the South, because it is in a nicer area of the county. In reality it is the cost of that one house (or rather those 2 houses) that impacts our lives, not the whole of the county.

Blitz01

missile wrote: »

For many the world ends north of Watford

It's true.
If you drive past Rickmansworth, you fall off the edge of planet......everyone knows that.