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Market town lifestyle demands high price
IT is famous for its quaint streets, bustling traditional markets and real ale.
But it seems the high quality of life in Ringwood comes at a price after it was named the second most expensive market town in the country for the cost of its homes.
The average cost of a house in the pretty New Forest town has reached £380,301, according to a leading mortgage lender.
It joins a list of 19 towns across the country where house prices average more than £300,000 and was one of three in Hampshire to feature on the list. Romsey and Petersfield were also marked out for their costly properties.
Neville Chard of the Ringwood Society said he was not surprised the area was in such high demand.
He said: "People like to come and live in Ringwood because it is so convenient and that has an impact on house prices.
"It is the gateway to both the east and west and as such is a bit of a hub. You can live here and also travel to work in London, Southampton or Salisbury.
"Ringwood also has a reputation of having good schools. It is quite near the water and part of the area is in New Forest National Park."
The prices were revealed by mortgage lender Halifax as part of research that showed home buyers were prepared to pay more for properties in market towns.
Economists say home-buyers are being enticed by the offer of a high quality of life, architecture, history, setting and community spirit.
Ringwood was beaten in to second place by Beaconsfield, Bucking-hamshire where prices were found to be more than £700,000.
Meanwhile Romsey came in 13th in the list with prices averaging out at £324,943. Petersfield in East Hampshire made the top ten with homes going at an average of £332,537.
7:19am Saturday 19th July 2008
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CommentPosted by: Fred on 7:22am Sat 19 Jul 08
"as part of research that showed home buyers were prepared to pay more for properties in market towns"
I am glad the public sector isn't paying for these surveys.
In other news prople don'y like living next to sewage plants, airports, motorways and council estates.
"as part of research that showed home buyers were prepared to pay more for properties in market towns"
I am glad the public sector isn't paying for these surveys.
In other news prople don'y like living next to sewage plants, airports, motorways and council estates.
Posted by: hoo flung dung, southampton on 7:39am Sat 19 Jul 08
would this be a product placement story?
rubbish, pointless story about property and in the middle an advert for a mortgage lender!
would this be a product placement story?
rubbish, pointless story about property and in the middle an advert for a mortgage lender!
Posted by: Hans Some, soton on 7:49am Sat 19 Jul 08
New Forest - Went to Lymington last weekend - blimey the people there have been hit with ugly stick.
New Forest - Went to Lymington last weekend - blimey the people there have been hit with ugly stick.
Posted by: Lentune, Lym on 9:07am Sat 19 Jul 08
[quote][bold]Hans Some[/bold] wrote:
New Forest - Went to Lymington last weekend - blimey the people there have been hit with ugly stick. [/quote] So i can take it from your recent visit you won't bother visiting the ugly people in this town again??? That's good then, one less car parking space being taken up.
Hans Some wrote:
New Forest - Went to Lymington last weekend - blimey the people there have been hit with ugly stick.
So i can take it from your recent visit you won't bother visiting the ugly people in this town again??? That's good then, one less car parking space being taken up.
Posted by: Bambi on 9:32am Sat 19 Jul 08
[quote][bold]hoo flung dung[/bold] wrote:
would this be a product placement story?
rubbish, pointless story about property and in the middle an advert for a mortgage lender![/quote] Well I had an advert for a car, so that sort of blows your theory out of the water.
hoo flung dung wrote:
would this be a product placement story?
rubbish, pointless story about property and in the middle an advert for a mortgage lender!
Well I had an advert for a car, so that sort of blows your theory out of the water.
Posted by: Fred on 10:02am Sat 19 Jul 08
[quote][bold]Bambi[/bold] wrote:
[quote][bold]hoo flung dung[/bold] wrote: would this be a product placement story? rubbish, pointless story about property and in the middle an advert for a mortgage lender![/quote] Well I had an advert for a car, so that sort of blows your theory out of the water.[/quote] Well all I see is a Bradford and Bingley ad everytime.
Bambi wrote:
hoo flung dung wrote: would this be a product placement story? rubbish, pointless story about property and in the middle an advert for a mortgage lender!
Well I had an advert for a car, so that sort of blows your theory out of the water.
Well all I see is a Bradford and Bingley ad everytime.
Posted by: paul b on 11:12am Sat 19 Jul 08
CRUNCH CRUNCH CRUNCH
Its the credit crunch
CRUNCH CRUNCH CRUNCH
Its the credit crunch
Posted by: hoo flung dung, southampton on 2:04pm Sat 19 Jul 08
[quote][bold]Fred[/bold] wrote:
[quote][bold]Bambi[/bold] wrote: [quote][bold]hoo flung dung[/bold] wrote: would this be a product placement story? rubbish, pointless story about property and in the middle an advert for a mortgage lender![/quote] Well I had an advert for a car, so that sort of blows your theory out of the water.[/quote] Well all I see is a Bradford and Bingley ad everytime.[/quote] Thanks fred, thats all i see as well!
maybe my theory still stands then but not in Bambi's world?
Fred wrote:
Bambi wrote: hoo flung dung wrote: would this be a product placement story? rubbish, pointless story about property and in the middle an advert for a mortgage lender!
Well I had an advert for a car, so that sort of blows your theory out of the water.
Well all I see is a Bradford and Bingley ad everytime.
Thanks fred, thats all i see as well!
maybe my theory still stands then but not in Bambi's world?
Posted by: Ken, Stubbington on 2:20pm Sat 19 Jul 08
Well I don't get any adverts at all in the middle of the story.
Well I don't get any adverts at all in the middle of the story.
Posted by: ex so'ton, Abingdon on 3:49pm Sat 19 Jul 08
paul b: I thought that the Credit Crunch was a new breakfast cereal, nice with a few strawberries to get the day started! Why don't they just call it a global financial crises/recession and done with it!
paul b: I thought that the Credit Crunch was a new breakfast cereal, nice with a few strawberries to get the day started! Why don't they just call it a global financial crises/recession and done with it!
Posted by: Bambi on 8:07pm Sun 20 Jul 08
[quote][bold]ex so'ton[/bold] wrote:
paul b: I thought that the Credit Crunch was a new breakfast cereal, nice with a few strawberries to get the day started! Why don't they just call it a global financial crises/recession and done with it![/quote] Because a recession is a completely different phenomenon to a credit crunch, that's why. A credit crunch is whereby obtaining credit becomes more difficult, that's all. It relates purely to how easy it is to borrow money, nothing else. It doesn't mean "prices rising", it doesn't mean "mass redundancies", it doesn't mean "financial misery all round" and it certainly isn't automatically a crisis.
A recession is defined by being at least 2 financial quarters in which gross domestic product fell. Totally different. They may have links, but they're as different as chalk and, well, some other kind of chalk
ex so'ton wrote:
paul b: I thought that the Credit Crunch was a new breakfast cereal, nice with a few strawberries to get the day started! Why don't they just call it a global financial crises/recession and done with it!
Because a recession is a completely different phenomenon to a credit crunch, that's why. A credit crunch is whereby obtaining credit becomes more difficult, that's all. It relates purely to how easy it is to borrow money, nothing else. It doesn't mean "prices rising", it doesn't mean "mass redundancies", it doesn't mean "financial misery all round" and it certainly isn't automatically a crisis.
A recession is defined by being at least 2 financial quarters in which gross domestic product fell. Totally different. They may have links, but they're as different as chalk and, well, some other kind of chalk
Posted by: goard, Ringwood on 2:46pm Tue 22 Jul 08
Grow up all of you - no imagination, no hopers, no anticipation of the good things in life - you may be in a wheel chair, bed ridden - a lot of people have been there and are still there but they get the best out of life. Comradship, enjoyment in things wot fly, the understanding of your neighbours or they in your life - for goodness sake you are acting like 'no hopers'. As much as your comments are interesting it only shows to most of us you have not made much of your lives.
clair
Grow up all of you - no imagination, no hopers, no anticipation of the good things in life - you may be in a wheel chair, bed ridden - a lot of people have been there and are still there but they get the best out of life. Comradship, enjoyment in things wot fly, the understanding of your neighbours or they in your life - for goodness sake you are acting like 'no hopers'. As much as your comments are interesting it only shows to most of us you have not made much of your lives.
clair
Posted by: Craig Wheway, Leicester on 8:37pm Sun 27 Jul 08
As usual Fred like many read some press and think 'another pointless survey'. Truth is the survey was probably quite extensive and the media only report on the juicy bits.
In fact the story is you look beneath the surface is very important. Market towns have only recently become the focus of Social and Geographical Research charting their popularity with the middle-classes and retired. This is crucial in identifying class divides across England and will hopefully lead to better informed policy in delaing with service provision in these towns. Of course, these lifestyle stories are linked to commercial interests, just remember that the media represent the angle they want.
I once had a press release out for market town class change, altered to reflect the flavour of the month which was second home ownership.
Craig, PhD Candidate
Leicester
As usual Fred like many read some press and think 'another pointless survey'. Truth is the survey was probably quite extensive and the media only report on the juicy bits.
In fact the story is you look beneath the surface is very important. Market towns have only recently become the focus of Social and Geographical Research charting their popularity with the middle-classes and retired. This is crucial in identifying class divides across England and will hopefully lead to better informed policy in delaing with service provision in these towns. Of course, these lifestyle stories are linked to commercial interests, just remember that the media represent the angle they want.
I once had a press release out for market town class change, altered to reflect the flavour of the month which was second home ownership.
Craig, PhD Candidate
Leicester
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