Hythe Road, Ashford…the Road Where People Move the Most

 

Many say moving home is amongst the most stressful things in life.

Moving home is like someone else (but usually you are the cause of your own devastation) has collected all your worldly goods, put them into brown boxes and into a lorry making your whole life look like an Amazon delivery van, only for you to spend the next six months unpacking it all, and unable to find important items like your bank cards, ‘those’ shoes or special jewellery!

We might wish we could be instantly transported like in Star Trek: “Beam me up Scotty”. Yet the first week you move, it’s like the original 1960’s series episode when a transporter accident sends Kirk and Spock into an alternate reality, where the caring Federation is the merciless Terran Empire, and the USS Enterprise is a warship in chaos!

Star Trek aside, when you decide to move (and long before the months of stress of living out of cardboard boxes); you first trawl the portals (Rightmove/Zoopla/On The Market) to find a new house. Out of the hundreds of properties available to buy, you will probably only view around four or five of them, for no more than 20 minutes each. You will then likely arrange a second viewing of one or two of those initially viewed properties for the estate agency industry stated average of 30/45 minutes maximum (fascinating when you think most people take hours to decide what clothes or shoes to buy but only minutes to spend hundreds of thousands of pounds on their next home!). Then you put your property on the market with an estate agent, find a buyer for your Ashford property, agree a price for both, then instruct solicitors. The property becomes sold ‘Subject to Euphemism’ … sorry ‘Contract’ … as solicitors and surveyors and mortgage companies pick holes in the paperwork, threatening to wreck the chain at any moment, and all this time you daren’t get too attached to the property you are purchasing in case the sale falls through … phew – stressful or what??!!

Is it worth it, though? Worth the stress? The cardboard boxes? Well, many Ashford people obviously think so.

In the last 12 months, 411 families have sold and moved home in Ashford (TN24)

Yet the question I want raise is: Do people on certain streets in the TN24 postcode move more often than others? Well, the answer might surprise you. I looked at the Land Registry for the all the property sales going back 23 years (to 1995) in Ashford’s  TN24 postcode whilst also calculating the average value of a property on a particular street/road (to see if there was any correlation between price and moving). So initially, looking at the top 10 streets in the postcode, in terms of pure out and out house sales, Hythe Road is the winner with an average of 16.39 house sales per year (since 1995) as in the graph below:

Hythe Road, Ashford the road where people move the most

And to look at the bigger picture, the table below shows the top 25 streets, with the average value of properties on that street. As you can see, there is no obvious correlation between the average value of a property and the number of times a property gets sold on that street.

Hythe Road, Ashford the road where people move the most

However, I still felt the information perhaps wasn’t telling the whole story … some roads in Ashford have many more properties than others, so I wanted to then compare the average number of properties sold by the actual number of properties on that street, to find out the streets whose owners proportionally sold more often than the rest of the locality.

In the next article, (and I promise not to mention Star Trek again), I will answer that question in greater depth … and the results should (as they did for me) certainly raise an eyebrow. The question is … is yours one of the top 25 Ashford most saleable streets in the TN24 postcode?

Come back to my Ashford Property News Blog for the next article to find out!

Taylors Residential Lettings Limited, Company no. 6002742, Regd Office: Suite 1, Invicta Business Centre, Monument Way, Ashford TN24 0HB