Where are the most expensive streets in Street and Glastonbury – the streets home owners pay more to live in? The most expensive street is over 8 times more expensive than the cheapest.
To answer the question, I looked at the BA6 and BA16 postcode districts and the actual prices paid for property in the last 10 years as recorded by the Land Registry. I only looked at streets that had 10 or more sales recorded in this time. This narrowed the list down to just 139 streets.
Before I reveal the top 20, how many of the top 20 can you guess (no prizes sorry!)?
Let the countdown begin….
20 – Bosun Walk (Street)
Average price paid £258,445 – Bosun Walk consists of just 8 terraced properties on the Houndwood development. Built in early 2011 by Crest Nicholson, all properties have 4 bedrooms, 2 receptions and 2 bathrooms. A key feature of Bosun Walk is that it overlooks the open green space known that is at the central lawn. Crest Nicholson built these homes with the aim of creating a sustainable community by reducing the consumption of energy and water so have good energy efficiency. 5 Bosun Walk has been the most expensive transaction to date when it sold for £284,000 in July 2016.
19 – Green Lane (Street)
Average price paid £266,370 – Green Lane consists of 43 properties at the West of the village. The most expensive transaction that has been recorded in Green Lane to date is 37 which sold on 22/08/2016 for £412,500.
18 – Portway (Street)
Average price paid £271,534 – Portway consists of 41 properties, 8 of which were built 54 years ago in 1963. The highest recorded price in Portway to date is 26, which sold on 26/09/2014 for £452,500. The original Portway House was built in 1845 by Quaker and seedsman Robert Impey who is credited with introducing the cherry plum to Street which lead to the establishment of a thriving jam factory in that area.
17 – Grangefields (Street)
Average price paid – £273,269 – Not far from Portway and across the road from Millfield school is Grangefields which consists of 45 properties, 24 of which were built 19 years ago. The most expensive transaction that has been recorded in Grangefields is 9 which sold for £350,000 on 28/09/2015 and netted the seller £105,000 profit in 13 years or a return of just over 11% per annum.
Next month the countdown continues with number 16 on the list.
About Tom Morgan
Founder of Jungle Property the multi award-winning letting agent based in Glastonbury, Somerset. I am passionate about property and Glastonbury and about providing the very best advice to anyone who wants the best return on a buy-to-let property investment. For an open and brutally honest opinion on anything in the Glastonbury property market please contact me via tom.morgan@jungleproperty.co.uk
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