{"id":29,"date":"2015-01-19T17:07:16","date_gmt":"2015-01-19T17:07:16","guid":{"rendered":"http:\/\/glastonburypropertynews.co.uk\/?p=29"},"modified":"2015-08-10T20:10:20","modified_gmt":"2015-08-10T19:10:20","slug":"street-vs-glastonbury-which-is-the-best-investment","status":"publish","type":"post","link":"https:\/\/glastonburypropertynews.co.uk\/?p=29","title":{"rendered":"Street Vs Glastonbury &#8211; which is the best investment?"},"content":{"rendered":"<p>Glastonbury may have the best ley lines and more mystic megs per square mile but for investment potential how does it compare to its close relation just over the Brue &#8211; Street. Glastonbury has 4322 dwellings and neighbouring Street boasts it is the largest village in England with 4960 dwellings. (Source 2011 Census data on Nomisweb)<\/p>\n<p>Let&#8217;s have a quick look at some metrics to see how these two parishes compare:<\/p>\n<p><strong>Capital Growth<\/strong><\/p>\n<p>Over the last 10 years Glastonbury property has seen capital growth of 23.2% while Street property has seen capital growth of just 17.2%. (Source Land Registry Price Paid data)<\/p>\n<p><strong>Rental Yield<\/strong><\/p>\n<p>Looking at data from the property portals provides an indication of what yields you can expect. Whilst the data on the property portals won&#8217;t tell us actual prices or rents paid it provides a guide for comparing the two parishes.<\/p>\n<p>Glastonbury with an average asking price of \u00a3283492 and an average asking rent over the last 5 months of \u00a3685 PCM gives a gross yield of 2.9%<\/p>\n<p>Street with an average asking price of \u00a3226686 and an average asking rent over the last 5 months of \u00a3675 PCM gives a gross yield of 3.6%<\/p>\n<p>This brief analysis suggests Street produces a better yield than Glastonbury.<\/p>\n<p><b>Saleability<\/b><\/p>\n<p>We recently looked at the saleability of property in Street and Glastonbury here and at the time found that 38% of property on the market in Glastonbury had a buyer compared to just 25% in Street. (Source Rightmove.co.uk)<\/p>\n<p><b>Time to Sell Analysis<\/b><\/p>\n<p>Looking at the average time to sell property in the last 90 days in Glastonbury it was just 80 days compared to 117 days in Street. (Source home.co.uk)<\/p>\n<p>My analysis suggests it is easier to sell a property in Glastonbury than Street.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Glastonbury may have the best ley lines and more mystic megs per square mile but for investment potential how does it compare to its close relation just over the Brue &#8211; Street. Glastonbury has 4322 dwellings and neighbouring Street boasts it is the largest village in England with 4960 dwellings. (Source 2011 Census data on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,3],"tags":[10,11,9,12],"_links":{"self":[{"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/29"}],"collection":[{"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29"}],"version-history":[{"count":4,"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/29\/revisions"}],"predecessor-version":[{"id":71,"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/29\/revisions\/71"}],"wp:attachment":[{"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glastonburypropertynews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}