In 70% of England you can buy the average terrace on minimium wage

westv

cells wrote: »

The Land registry has started splitting its house prices by type.

I thought they had always done that - well for some time anyway.

cells

westv wrote: »

I thought they had always done that - well for some time anyway.

its been around a little bit i think a year or so, before that it was a fixed ratio and before that just one average.

gadgetmind

kinger101 wrote: »

If your car runs on water and you don't mine spending 2-3 hours commuting every day.

My father did exactly that commute for many a year. It's about an hour each way though it can get a bit slippy over the top in winter. He converted his car to run on LPG, which kept the cost down.

Of course, they now have a large house in Bridlington that won't sell for enough to buy a nice retirement flat in York!

Towser

Cells - I wonder what the politicians would make of this thread?

It seems too good to be true. I cannot good use of it as we need to be near London for work.

What is the best place to live within an hours commute of London? I shall make use of the Stoke -on - Trent answer maybe when we retire and downsize.

lisyloo

What is the best place to live within an hours commute of London?

What do you mean by best? Cheapest or something else?
Luton looks very cheap into Kings Cross, but it also looks a bit grim, so depends on what your priorities are.
Also really depends on where in London as it can take an hour (or more) to get across central London so you really want to be on the right side of it if you can.

Bexley Heath comes up regularly as a good value area but I'm told the transport links aren't great, so depends on your circumstances.
Do you need to commute everyday or can you work from home i.e. how important in your commute.
Is money top priority over everything else?
Are you bothered about living anywere rough?

Towser

Thanks lisyloo yes I can see there are lots of variables.

It is purely hypothetical from my point of view as I am happy where I am at the moment but can always improve.

I really like low areas of deprivation with low housing costs. Many of you will think this is not going to happen but there is an optimum such as the Stoke on Trent example. On another thread people were not willing to open their minds to my way of thinking which is fine. As I know there are really good spots in the country you just have to find them.

Do you have merged house prices with areas of deprivation data to find out the optimum place to live within a particular price range. Produced in a map form? Do you have such a thing?

I think it can be done with the National Statistics spreadsheet of rank data of areas of deprivation and house price information but I don't feel like inputting all the data for the 32,000 odd LOas! There must be this information out there somewhere. I have tried to google it with no success because I don't know what a spreadsheet or map like this would be called?

Or do you have something better.

I look forward to you replying.

Towser

I am guessing according to the statistics Wokingham is the optimum place to live.

Does anybody know of Wokingham? Is it nice would you live there?

p00hsticks

cells wrote: »

on the non exhaustive list above stoke-on-trent is the cheapest relative to full time wages where to buy a terrace costs just 1.78 x local full time income

The £1 houses might be bringing down the average there a bit.....
http://www.theguardian.com/uk-news/2014/nov/23/thriving-potteries-the-rebirth-of-stoke-on-trent

Mistermeaner

Same in Liverpool

lisyloo

There are plenty of reports like this
http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/11254164/Revealed-Londons-most-affordable-commuter-towns.html?frame=3118343
but note it really depends on where you are going to.
I notice that it says Reading to London 31 mins which takes some of my colleagues 2 hours (they don't work at Reading railways station and have to get across London from Paddington).
So let's say 20 mins walk to Reading, 5 mins wait, 5 mins walk to tube, 5 mins wait for tube, 30 mins tube, 10 mins walk + 31 mins train = 106 mins.

I know I keep banging on about this, but it really does all add up in London and that's on a good clear day with no delays, breakdowns, "jumpers" etc.
Hardly anyone lives/works next to both railway stations and if you need to get acrosss London in rush hour then you might need to add as much as 1 hour.