Tuesday, 13 May 2014 00:00

People to Opt for a More Rural Lifestyle?

Written by  Laura Harrison
Rate this item
(0 votes)
People to Opt for a More Rural Lifestyle?

When the recession hit in 2008, many people chose to leave their city life for a more rural lifestyle because houses in the country were much more affordable. For example, the DEFRA report discovered that an extra 48,000 people moved into rural areas, including Norfolk, in the years 2010-11 on top of 54,000 who relocated to the countryside during the previous year. The poor economy and the unstable housing market just meant that people couldn’t afford their more lavish lifestyle in some of the UK’s biggest cities.

Although the economy is looking more positive with housing becoming more affordable assisted by measures such as the help to buy scheme, and expectations that the UK’s economy will return to the pre-recession level this summer, there are still major worries about the ever increasing house prices in the UK, especially in the Capital.

According to the Telegraph, the average property price in the UK is now £253,000 – up by almost £50,000 compared to 2010 prices. However, the most shocking statistics were in London. London homes increased in value by more than twice (£63,000) the average person’s income in the last year taking the average house price to a staggering £458,000. Furthermore, a separate study revealed that homes in the capital now cost more than 100 per cent more than properties elsewhere, with a wider gulf between the capital and the rest of the country since data was first collected in the 1970s. Some housing experts have said that the help to buy scheme is partially to blame for the runaway house prices.

So with London house prices increasing more and more, and the average UK house price expected to continue increasing by six per cent a year for the next five years, pushing up prices by 35 per cent by 2020, there is a wonder whether more Londoners will be encouraged (or forced) to book their removal companies and leave the big smoke for a more rural location, like Norfolk, because living there simply isn’t affordable anymore.

With the average house price in the east being £264,000 (194,000 cheaper than the average house price in London) and the average house price in the south west being £237,000 (a staggering 221,000 cheaper than the average house price in London), Londoners maybe encouraged to move to locations within these areas, where the cost of living is significantly lower, yet still commutable for those who are looking to keep their London city job. Furthermore, experts suggest that better broadband connections in rural areas will attract city dwellers to relocate and continue to work remotely. Alternatively, others may settle for a whole new lifestyle in a more rural area up north where the average house prices are £312,000 cheaper than the average house price in London, and can enjoy living without the extortionate costs.

If more Londoners choose to relocate to more affordable rural areas, another concern is that local people could be priced out of the housing market. However, these are all just predictions – the housing market is continually changing and therefore it is hard to accurately predict what really is going to happen with the housing market in the future.

Last modified on Wednesday, 24 February 2016 22:04

Related items

  • Wake up Call

    In 2005 Grice Chapman Publishing, a small independent Publishing House based at Burgh-Next-Aylsham received a script from a gentleman in Monmouthshire who had been trying to get his work published, his name was Ray Armstrong. Ray had seen that Grice Chapman had published books by Hugh Brandon-Cox about the Wildlife of East Anglia and hoped they would be interested in publishing his book on 25 years of keen observations of the rich diversity of wildlife in his villlage. When Ray shared over 100 wildlife photographs, many the result of many hours of patient watching and waiting in all weathers, to accompany a script with a sharp well defined focus, there was soon a book contract heading from Norfolk to Ray's letterbox!

  • Pensthorpe shortlisted for national award celebrating buildings excellence

    The spectacular transformation of five former farm workers’ cottages and the creation of a unique indoor adventure play centre at Pensthorpe Natural Park, near Fakenham, is in the running for a prestigious national award.

    Pensthorpe’s management team has been invited to the grand final of the Local Authority Building Control Awards at London’s Westminster Park Plaza in November, having won Best Inclusive Building at the East Anglian regional finals.

  • Recycled Beer Barrels are New Dog Watering Stations at Fairhaven

    Old beer barrels have been recycled to provide new dog watering stations at Fairhaven Woodland and Water Garden, South Walsham. Two have been set up so far, near the tearoom and down by the staithe next to Fairhaven's broad, with a third watering station coming soon.

    Visitor Peter Brough's dog, Pippa, sampled the new watering station. “It's the first time we have visited Fairhaven. We are from Brownhills in the West Midlands and have travelled over for a short break before our niece, Emma's graduation day at UEA."

  • Holt Country Park, Sadler’s Wood and Pretty Corner Woods among UK's best open spaces

    Holt Country Park, Sadler’s Wood, near North Walsham, and Pretty Corner Woods, near Sheringham, have again been named amongst the best open spaces in the UK, winning the right to fly the prestigious Green Flag for 2017/18.

    This is the thirteenth year in a row that Holt Country Park has been able to fly the Green Flag, which denotes a welcoming, safe, clean and well-managed site.

    The award demands year-on-year improvement for the status to be retained.

  • Fairhaven Garden – Common Tern Breeding Platform Success
    Nine common tern chicks, from four breeding pairs of adult birds, have hatched on the new floating breeding platform secured on Fairhaven Woodland and Water Garden’s broad at South Walsham. Last year one pair bred with two chicks fledging. 
     
    Trevor ‘Tabs’ Taberham, volunteer wildlife warden at Fairhaven Garden explained: “Two years ago, just after I started working her, five pairs of common terns tried to breed on the island in Fairhaven broad, but greylag geese wrecked the nests. So last year, we experimented with a single standard size pallet, attached to posts that are in middle of the broad. It attracted two pairs of common terns; one pair stayed to nest, three chicks fledged, but unfortunately one was taken by a Herring gull.”