The risk of being flooded reduces the cost of the house in England up to 30%

In the UK in 2015 again floods and many homes, especially those located in floodplains, have a high risk to be flooded. The study, conducted by the House Simple showed that 65% of potential buyers who are looking for a house in areas of potential flooding, I would like to get a discount up to 21%.

The survey also included questions: “are people buying real estate in close proximity to undesirable features, such as a jail, garbage dump, non-prestigious school or high-voltage power line?”

For example, only 16% said that they are ready to buy a house near a landfill, 37% said they expect a discount of at least 31% of the asking price for the inconvenience.

48% of potential buyers would not want to live in the area , where the busy route of the airlines, and 36% are concerned about the fate of real estate located on a cliff as the soil in such areas more prone to erosion.

Last month North-East of the UK has experienced another devastating flood and now people have become more interested in the risks associated with flooding and risk of flooding of an area.

Meanwhile, to buy a property in close proximity to unwanted objects – the only chance for many people to buy their own homes thanks to big savings. Experts recommend in this case to carefully examine your house and the land around, to get a reliable picture and to insure all risks.

® Helen Entree. G. 06.01.2016

  Price indices for UK property

Index Halifax

Index Hometrac

Index index

Index Rightmove

Index Nationwide

The Index Of The Land Registry

Index LSL Property Services Acadametrics