Zoopla has just released a list of the most popular affordable towns for families
Swanky detached homes in a property hotspot are selling for the same price as an average Bristol terrace. This week Zoopla revealed the ‘most popular affordable towns for families’, with the majority located in Scotland and Wales.
The list accounted for the average price of three-bedroom homes compared to average earnings in the local authority, to rank affordability. Data analysts also considered the average number of Zoopla listing views for a typical three-bedroom home in each area, to judge popularity.
The closest location to Bristol was Port Talbot, an hour and 20 minute drive away. With an average three-bedroom house costing £160,300, it came in at number four on the list, while neighbouring Neath was at number three.
However, a location much further away took the top spot – Glenrothes in east-central Scotland, where a three-bedroom home had an average value of £136,900. Meanwhile in Bristol, February figures from the Office for National Statistics put the average price of a terraced home at £389,000.
That figure jumps up to £698,000 for a detached property, while a semi-detached will typically set a buyer back by £451,000. Anyone tempted to make the 400-mile move to Glenrothes with the same budget will find a huge difference to how far their money will stretch.
Homes currently on the market in the Scottish town include a seven-bedroom detached villa for sale on a private cul-de-sac called Carnoustie Gardens, with views overlooking Glenrothes Golf Club. It is priced at offers in excess of £475,000 and also boasts three bathrooms, a sun room, a separate annex and a large south-facing garden.
A new-build property elsewhere in the town is also being marketed with a fixed price of £369,995. For less than the price of an average Bristol terrace, that will buy you a five-bedroom detached house with four bathrooms and a detached garage, with views over a valley.
For those looking for something with extensive outdoor space, another property priced at offers over £369,995 also has five bedrooms and four bathrooms. Described as a ‘traditional extended detached villa’, it has extensive garden grounds and an ‘open countryside aspect’ in a village location near Glenrothes.
There are currently no properties up for sale in excess of £500,000. According to Zoopla records, the most expensive property to sell in Glenrothes in the past year was a five-bedroom detached property described as being ‘immaculately presented’, which went for £590,000 in December.