Get a bypass and boost your house price [electronic resource]
Get a bypass and boost your house price [electronic resource]
- Savills UK News 13 June 2011 .
The construction of a new bypass adds an average of 15% to the value of homes in the town or village that benefits. Local house prices can be boosted by as much as 30%. Findings based on an analysis of the impact of house prices in 24 locations where a bypass has been opened in the past ten years. Uses Land Registry data to calculate the uplift in value for affected properties before and after the construction of the bypass. Identified the 24 locations examined.
UNITED KINGDOM
The construction of a new bypass adds an average of 15% to the value of homes in the town or village that benefits. Local house prices can be boosted by as much as 30%. Findings based on an analysis of the impact of house prices in 24 locations where a bypass has been opened in the past ten years. Uses Land Registry data to calculate the uplift in value for affected properties before and after the construction of the bypass. Identified the 24 locations examined.
UNITED KINGDOM