Young professionals in England prefer trendy areas of cities

The East coast of the County Casex attracts young professionals to buy in this residential property. The seaside town of Hove is a leader among young people aged 25 to 44 years old to buy a house or apartment in England. Meanwhile, near Brighton ranks fifth in popularity among young professionals.

A study conducted by Lloyds Bank showed that young professionals, well educated and qualified and well-paid jobs, prefer to live in the city a pleasure close to cities, making full use of the advantages of cities for work and for entertainment.

Of course, the bright lights of London continues to attract young people.

Nine of the 20 most popular youth areas located in the South-West London. It’s Wimbledon, Wandsworth, Battersea, Streatham and Fulham . Other popular with the young people of the region included in the top 20 is West Kensington, Chiswick, Ealing and Islington..

The dominance of Brighton and Hove due to the proximity to the sea, well-developed infrastructure of these cities , and certainly more cheap in comparison with London, real estate. Housing prices in these cities average of 38% , or £199000 cheaper than in London.

Outside London and the South coast of England – district of Didsbury Manchester is the only place in the North of England, included in the top 20 most desirable places to buy property in England young professionals.

Other regions are gaining popularity in areas such as Jesmond in Newcastle, Ilkley Bradford, Clifton in Bristol and Harborne in Birmingham.

The study also showed that real estate in areas popular with young professionals, it is much more expensive than the equivalent in the surrounding areas. So in the area of Wimbledon, the average price of property is £624110, and in the area of Wandsworth – £672178, 19% and 28% higher than the average for London, where the average price of residential property is £523412.

The most expensive areas of London are among the areas popular with young professionals is Paddington and Hampstead , where the average price of a residential real estate object are respectively £1319237 and £1310868, forcing young professionals to pay the sellers in these areas the additional premium in the amount of 150% compared to the average of the London price.

The popular young professionals neighborhoods of the cities of Manchester, Birmingham, Bradford and Bristol housing prices also 49%-58% higher than the average for these cities.

® Maxim Savitsky. G. 22.06.2015

New homes in PETERBOROUGH ( Cambridge) – from £ 155000

St Mary at Hill

Baltimore Wharf

Apartment two bedroom apartment in Harrow Road, London W9– £755000

The London flat with two bedrooms – W11 – £ 680000

Apartment with one bedroom in the heart of Marylebone – £ 810000