Apartments in London with Parking places are sold two times faster

Property in the UK, near to which there are restrictions for Parking of vehicles sold twice as longer than the same property, but with their special Parking area.

Especially affects the price and time of sale of property in England and Wales, the availability of Parking in the big cities.

Company Quick Move Now made the analysis of the data for 12 months and found that property in the UK with space for Parking sold on average in 25 days, and the property without Parking spaces, near to which there are restrictions for Parking, sold an average of 50 days.

According to various perceived lack of Parking in different parts of the United Kingdom.

Thus, in the North-West of the country for 34% the problem with Parking is the reason for having to sell existing homes and move into a new house.

London – a quarter of families are changing their place of residence because of Parking problems in the East Central part of England, only 2% care about this issue, 10% of homeowners in Wales are ready to change the housing because of the Parking problems and 12% of owners of homes in England in the South-Western part of the country.

In 62 municipalities of great Britain introduced a special Parking permit, with the highest Parking fees in Birmingham and Manchester, which are catching up in London’s Islington.

If the national average Parking costs per year £59,17 , in the heart of Birmingham city and the eponymous Manchester city centre the price for Parking reaches £750 a year.

The study also shows that the problem with Parking – a more compelling reason to put property in London and other cities in England for sale, which has overshadowed such problems as the lack of space, the criminality of the district, distance to work and neighbors. Indeed, one of the four drivers in London was forced to give up driving in the city because of the high cost of Parking and problems with Parking. For example, a Parking space for a small car in Central London Marble Arch is on sale for £350000. It’s half the cost of one-bedroom apartments in the same area.

Thus, the priority are those property owners who have Parking space outside the street. This greatly increases the liquidity of flats in England or at home in England , and increases its price in the eyes of the buyer.

® Helen Antre 22.03.2016 G.

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