Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

Record Property Prices in the Southwest

news - housing
Submit this page to redditDelicious

7:01am 16th April 2012

Pirate FM has learnt house prices in the southwest have hit a new record.

The average asking price has leapt £10k in a year to £270,735, according to property website Rightmove. Month on month the rise is almost 6%.

The rise is being explained by a shortage of housing stock, and higher demand during the spring.

For people like Emma Battle from Wadebridge it means her dream of getting on the property ladder is even further off. She said, "I'm a mum, I work full time, I work really hard and, at the end of the month, I haven't got any money left. I definitely wouldn't have any money to put towards a mortgage because the cost of living has gone up. I have bills to pay, rent to pay and nursery bills."

Miles Shipside, director of Rightmove, said: "Asking price records are being set in the fresh-stock-starved London and South West regions, and agents report this is also the case in markets in other regions.

"Doing research in your area is essential to gauge what type of property is in demand, how quickly it is selling and how close to the asking price is being achieved."

7:01am 16th April 2012

Share This Story

Submit this page to redditDelicious
Most read
storm waves 2

LIVE: Wind warning for the whole of Cornwall

Attraction shut and major event postponed

phone 2

The latest phone scam doing the rounds in Cornwall

Officials have put out an urgent warning

Top articles

LIVE: The budget and how it will affect Cornwall

Cornwall News: Pledges include stamp duty, homes and wages

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

The Autumn Budget 2017: All the key points at a glance

National News: The key announcements from Chancellor Philip Hammond:

UPDATE: Body found on popular Cornish beach

Cornwall News: Police say death at Watergate Bay 'isn't suspicious'

David Cassidy, 1970s teen idol and The Partridge Family star, dies

Showbiz News: David Cassidy, whose role in the 1970s show The Partridge Family earned him teen heart-throb status, has died aged 67.

Mnangagwa arrives in Harare and heads to State House

World News: Emmerson Mnangagwa has arrived in Zimbabwe and is on his way to the State House to be briefed, a ZANU-PF official has said.

Liverpool investigate claims of maltreatment from Sevilla police and stewards

Sports News: Liverpool are investigating allegations of maltreatment from police and stewards at their Champions League clash with Sevilla on Tuesday.

West Ham fans warned not to ring 999 as Watford defeat prompts emergency call

Strange News: West Ham fans have been warned by police not to call 999 over their team's poor performance.

Newer article

Norovirus Warning

Cornwall News: Hospital bosses say planned appointments still going ahead

Older article

Cornwall in Drought

Cornwall News: Officials declare fresh drought zone in Cornwall

Pirate Extra Pirate 70s Escape LoveCornwall