Well my recent articles about Baldock’s most moved street in the last 3 years and the Monopoly board article (the one where I listed the most valuable streets) caused quite a lot of interest locally, so I decided to see what else I could find out about the SG7 postcode area, and I have been able find out the biggest streets in the Baldock (SG7) postcode area.
Do not worry, I will get back to some hard-hitting articles about the lack of new homes being built in Baldock, the trials and tribulations of being a Baldock buy-to-let landlord and the future of the Baldock property market .. yet in this article because of the previous positive comments, I wanted to give you what you, the Baldock homeowners and Baldock landlords asked about and wanted!
The biggest street in SG7, when it comes to the number of houses on it is High Street, with 265 homes. In second place is Station Road with 156 homes and in third is Weston Way with 147 homes.
Not surprisingly, the most valuable street of the top biggest streets is High Street at £121.7m with an average value of £459,000 per property.
The street with the greatest number of movers in the last 3 years is also High Street, yet its saleability rate was only 12.5%, with Page Close having the highest saleability rate of 19.0%.
The full breakdown can be found in this chart below.
Note – if the same street name appears more than once in the postcode – the number of houses has been amalgamated and averaged accordingly.
Yet, did you really think I would not get at all serious ..
The basic rudiments of the Baldock property market remain principally healthy in many parts of Baldock, yet the existing political environment means that the vital element of confidence has been diminished slightly in certain parts, and that is triggering a minority of potential property purchasers and house-sellers to vacillate, yet with unemployment at an all-time low, a record number of people with a job, ultra-low interest rates and decent mortgage availability (with the Banks and Building Societies tending to drop mortgage rates instead of increasing them), those Baldock first time buyers (and especially Baldock buy-to-let landlords) who have adjourned their next house purchase because of perceived political uncertainty should be reminded that talking to many of my fellow Baldock agents they have more homes on their books than at any time for the last three or four years, so there is a greater choice of Baldock properties to call your next home/BTL investment with a potential of securing a great property deal in the next month or so.
Irrespective of what happens with Brexit, Baldock people will still need a roof over their heads and as I have mentioned on a number of occasions, I have proved beyond doubt we are not building enough homes both locally in Baldock and nationally. If supply is limited and demand increases (as the population grows and we get older), prices in the medium to long term can only go in one direction. Upwards!
So, whatever happens with BoJo and Brexit – why wait, because once we get over that hurdle, there will just be another hurdle and another hurdle and by which time – we will be in 2029 and you would have missed the boat. We survived the Global Financial Crash, 3-day week in 1970s’, hyperinflation etc etc … yet the choice is yours.
Thinking of moving?
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