What’s the biggest street in Bexhill (TN39)?
In this week’s article I talk about the 20 biggest streets in TN39 in terms of the number of households on that street or road then compare their total values and how many people have moved homes in the last three years on those streets, with some most interesting and intriguing outcomes.
What’s the biggest street in Bexhill (TN39)?
Well my recent articles about Bexhill’s most moved street in the last 3 years and the Monopoly board article (the one where I listed the most valuable streets) caused quite a lot of interest locally, so I decided to see what else I could find out about the TN39 postcode area, and I have been able find out the biggest streets in the Bexhill (TN39) postcode area.
Don’t worry, I will get back to some hard-hitting articles about the lack of new homes being built in Bexhill, the trials and tribulations of being a Bexhill buy-to-let landlord and the future of the Bexhill property market … yet in this article because of the previous positive comments, I wanted to give you what you, the Bexhill homeowners and Bexhill landlords asked about and wanted!
The biggest street in TN39, when it comes to the number of houses on it is London Road, with 527 homes. In second place is Cooden Drive with 451 homes and in third is West Parade with 333 homes.
Yet, size isn’t everything and the most valuable street of the top 20 biggest streets is Cooden Drive at £167.6m with an average value of £372,000 per property.
The street with the greatest number of movers in the last 3 years is also Cooden Drive, yet its saleability rate was only 15.1%, with Little Common Road having the highest saleability rate of 21.3%.
The full breakdown can be found in this chart below.
Yet, did you really think I wouldn’t get at all serious ..
The basic rudiments of the Bexhill property market remain principally healthy in many parts of Bexhill, yet the existing political environment means that the vital element of confidence has been diminished slightly in certain parts, and that is triggering a minority of potential property purchasers and house-sellers to vacillate, yet with unemployment at an all-time low, a record number of people with a job, ultra-low interest rates and decent mortgage availability (with the Banks and Building Societies tending to drop mortgage rates instead of increasing them), those Bexhill first time buyers (and especially Bexhill buy-to-let landlords) who have adjourned their next house purchase because of perceived political uncertainty should be reminded that talking to many of my fellow Bexhill agents they have more homes on their books than at any time for the last three or four years, so there is a greater choice of Bexhill properties to call your next home/BTL investment with a potential of securing a great property deal in the next month or so.
Irrespective of what happens with Brexit, Bexhill people will still need a roof over their heads and as I have mentioned on several occasions, I have proved beyond doubt we aren’t building enough homes both locally in Bexhill and nationally. If supply is limited and demand increases (as the population grows and we get older), prices in the medium to long term can only go in one direction. Upwards!
So, whatever happens with BoJo and Brexit – why wait, because once we get over that hurdle, there will just be another hurdle and another hurdle and by which time – we will be in 2029 and you would have missed the boat. We survived the Global Financial Crash, 3-day week in 1970s’, hyperinflation etc etc … yet the choice is yours. I hope you enjoyed this article and invite you to make contact. Wishing you all the very best, Patrick Stappleton Author of the Bexhill Property Blog.
END
