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

breadlinebetty

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

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http://www.dailymail.co.uk/news/arti...-combined.html


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

Pimperne1

breadlinebetty wrote: »

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

[URL="http://twitter.com/?status=https://forums.moneysavingexpert.com/discussion/2969288 [/URL]



http://www.dailymail.co.uk/news/arti...-combined.html


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

Although I think there are some hot spots up north too. Edinburgh for example is about £60k more than it was in Dec 2005 and higher than the national average pric (although it does fluctuate between £40k and £60k depending on which month you choose and which index).

Cleaver

breadlinebetty wrote: »

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

Indeed it is. And it's one of the reasons I choose to live in the North.

chucknorris

Cleaver wrote: »

Indeed it is. And it's one of the reasons I choose to live in the North.

Bit cold up there for me though. If I was going for value I think I would look towards Kent or Devon (handy for the car ferry to Spain to escape the winter in future years) but my friends and job currently tie me to Surrey.

Cleaver

chucknorris wrote: »

Bit cold up there for me though.

With all due respect Chuck, people commenting on the climate difference between somewhere up north and somewhere down south always makes me smile.

We live in one of the most static, dull, stable and benign countries for weather in the world. If it's 15 degrees in London then it's normally about the same in Manchester or Leeds. The temperature across the country never really gets that hot and never really gets that cold, give or take a few strange days each year. When people travel to Swindon, or Devon, or London, or Newcastle do they really notice that much difference in weather? It's all pretty much the same. It's not like the difference between New York and LA is it?

I also like how a lot of cities in the UK have a cliched view attached to them in terms of weather. When I tell people I live in Manchester they always say that they like the city, but all the rain would get on their nerves. So from Wikipedia about Manchester:

The city's average annual rainfall is 806.6 millimetres (31.76 in) compared to the UK average of 1,125.0 millimetres (44.29 in), and its mean rain days are 140.4 per annum, compared to the UK average of 154.4

chucknorris

Cleaver wrote: »

With all due respect Chuck, people commenting on the climate difference between somewhere up north and somewhere down south always makes me smile.

We live in one of the most static, dull, stable and benign countries for weather in the world. If it's 15 degrees in London then it's normally about the same in Manchester or Leeds. The temperature across the country never really gets that hot and never really gets that cold, give or take a few strange days each year. When people travel to Swindon, or Devon, or London, or Newcastle do they really notice that much difference in weather? It's all pretty much the same. It's not like the difference between New York and LA is it?

I also like how a lot of cities in the UK have a cliched view attached to them in terms of weather. When I tell people I live in Manchester they always say that they like the city, but all the rain would get on their nerves. So from Wikipedia about Manchester:

I'm from Newcastle originally, there is no way I would want to spend the winters up there (although at the moment we do go back up each Xmas to visit my folks). In fact we are formulating a plan to eventually escape the UK winters by spending approx Nov to March in South Spain after we retire (but that's some years off).

MRSTITTLEMOUSE

Maybe my house is worth a lot less than a similar one down south but that suits me fine.
The 400k I spent on a very beautiful old property has given me a fabulous home that has a hallway larger than most peoples homes and would of cost many times more if I had bought a similar overpriced house down south.
The money I have'nt spent on an overpriced home has gone into savings and pensions for which we are well covered for when we retire in a few years.
It's beautiful up here too as we're on the coast and with fabulous countryside just an hour away.
Plus because we've saved money on buying our home up here and put the rest away we CAN have our cake and eat it with no need to sell our home in later life because we have'nt needed to pay out so much on a mortgage for years on end.
I'm a southern girl by the way married to a Geordie so I know both sides of the coin.

kabayiri

The concept of 'worth' should really be challenged.

If your choice of lower value property in the North gives you the ability to lower your outgoings or pay off your mortgage earlier, it may be argued that it's worth to you has increased. Many of my friends in the North West wanted to have a home which they had paid off by their mid 40s.

Equally, you may find more worth in a property in the South East, purely because you need access to the types of jobs there.

Cleaver

chucknorris wrote: »

I'm from Newcastle originally, there is no way I would want to spend the winters up there, in fact we are formulating a plan to eventually escape the UK winters by spending approx Nov to March in South Spain after we retire (but that's some years off).

Obviously Spain will be a lot hotter than Newcastle, so fully understand that move. But in terms of UK temps is there that much difference between North and South in the UK?

According to Wikipedia here's the difference between temps in Newcastle and Southampton:

http://en.wikipedia.org/wiki/Newcastle_upon_Tyne

http://en.wikipedia.org/wiki/Southampton

The differences each month are just a degree or two. On average across the whole year Southampton has average highs that are 1.5 degrees higher than Newcastle and average lows that are 2 degrees higher. Is that really much of a difference?

I'm not arguing with your reasons for moving to Spain, I'm more just generally making an observation on the often heard "ooh, I couldn't live in the North with the weather they have" when in actual fact it isn't really that different to the South.

MRSTITTLEMOUSE

Cleaver wrote: »

With all due respect Chuck, people commenting on the climate difference between somewhere up north and somewhere down south always makes me smile.

We live in one of the most static, dull, stable and benign countries for weather in the world. If it's 15 degrees in London then it's normally about the same in Manchester or Leeds. The temperature across the country never really gets that hot and never really gets that cold, give or take a few strange days each year. When people travel to Swindon, or Devon, or London, or Newcastle do they really notice that much difference in weather? It's all pretty much the same. It's not like the difference between New York and LA is it?

I also like how a lot of cities in the UK have a cliched view attached to them in terms of weather. When I tell people I live in Manchester they always say that they like the city, but all the rain would get on their nerves. So from Wikipedia about Manchester:

Manchester is a lovely place with lovely people we visit every couple of weeks as our daughter lives there in a very nice old house that she bought quite cheap considering what she'd have had to pay down south for a similar property.
Living up north has it's benefits.

Cleaver

MRSTITTLEMOUSE wrote: »

Manchester is a lovely place with lovely people we visit every couple of weeks as our daughter lives there in a very nice old house that she bought quite cheap considering what she'd have had to pay down south for a similar property.
Living up north has it's benefits.

We like it here too.

Ultimately though, debating which is 'better' out of North and South is a bit pointless. A bit like arguing whether beef is better than chicken for Sunday dinner. Each person has different needs, differences and preferences as to where they live and therefore no one is ever going to agree on where's best.

For me personally I can think of many places in the North, the Midlands and in the South that you couldn't pay me to live. And there are places in the North, the Midlands and the South that I would love to live.