Cheltenham Tops Property Survey

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Cotswold Blog

The Cotswold Blog is a collection of diary entries, news, gossip and other Cotswold related information.

Cheltenham Tops Property Survey

Cheltenham has come top in survey of the country's 1,833 postcode areas, and is so desirable that house prices have risen more than 60 per cent above the national average in the past year.

The survey, which was carried out by online valuation site, positioned areas based on how much average house values have risen in the last 12 months, crime and unemployment rates, average income of homeowners, and on the availability and quality of local amenities such as schools and healthcare.

Good accessibility to other major cities plus improving commuter links also contributed to Cheltenham's pole position - as did the quality of the town's annual literary, music, science, folk and jazz festivals.

Councillor Paul McLain, deputy for finance and economic development: "This is fantastic news and a real feather in the cap for the local economy. Excellent events like the forthcoming Literature Festival, which starts this Friday, just serve to highlight what a great place Cheltenham is to live and work."

Derek Aldridge, Cheltenham Town Hall and entertainments manager: "Cheltenham Town Hall is both literally and metaphorically at the heart of Cheltenham, and we are proud to see our town acknowledged nationally in this way."

Louisa Fletcher, from Property Price Advice Limited, says: "The quality of life in Cheltenham is high, there are great schools and a real sense of community. It is also well located geographically for lots of cities."

Posted : 14/10/2006 17:23:07

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