The heat is on: How London houses are affecting regional proerties

BATH

The housing market in Bath has never been in serious trouble thanks to its status as a World Heritage Site.

Its housing market has outperformed most other regional cities thanks to accessibility and a multitude of attractions from the Roman Baths to Georgian architecture, theatres, museums and universities.

It is one of the regional centres where London estate agents have a strong presence.

“In Bath we are seeing the traditional flow of buyers coming out of London to find a property at decent value in a good location in a prime rural city. Bath, with its Regency culture and architectural beauty makes a popular choice,” says Charlie Smith, managing partner at London Real Estate Advisors.

On the market: Grade II listed Rivers Street Mews, dating from 1789, has been converted by Ash Mill Developments from a stable yard with coachman’s cottage and coach house, into six new properties priced from £625,000. Details from London Real Estate Advisors on 0203 327 2750 or visit londonrea.com

YORKSHIRE

Yorkshire made it into Lonely Planet’s top three places to live last month, beating the likes of Mallorca.
Growth in property values in both town centres and the countryside refl ects the popularity of the UK’s largest county.

More properties are valued above £300,000 for the fi rst time since 2007.

“We are seeing more developments and investment within the county, especially to accommodate the competitive Help-to-Buy market. In property hotspots like The Stray, houses and flats are far outperforming all of Yorkshire,” says Toby Millbank of Strutt Parker.

On the market: Three-bedroom apartment in Stray Lodge, a Victorian mansion overlooking the Stray, near Harrogate town centre. Guide Price £650,000.

The Old Chapel at Glasshouses, Harrogate overlooking the village green offers five bedrooms and three receptions for £525,000. Details for both: Strutt Parker (01423 561 274/struttand parker.com)