{"id":2951,"date":"2017-06-26T16:30:44","date_gmt":"2017-06-26T15:30:44","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=2951"},"modified":"2017-06-26T16:30:44","modified_gmt":"2017-06-26T15:30:44","slug":"glastonbury-co-not-good-music-also-areas-property-prices","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/glastonbury-co-not-good-music-also-areas-property-prices\/","title":{"rendered":"Glastonbury &amp; Co. not only good for music, but also for the area\u2019s property prices"},"content":{"rendered":"<p><strong>Properties located in some of the UK\u2019s most iconic festival towns and cities have seen house prices increase by more than \u00a3100,000 since 2010, a new analysis shows.<\/strong> <\/p>\n<p>The data was put together using Rightmove figures and was then analysed by Jackson-Stops &amp; Staff. <\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"piFpwsRUt7\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/06\/21\/property-prices-uk-increased-3-35-since-brexit-vote-despite-slump-warnings\/\">Property prices in the UK have increased by 3.35% since Brexit vote &#8211; despite slump warnings<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Property prices in the UK have increased by 3.35% since Brexit vote &#8211; despite slump warnings&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/06\/21\/property-prices-uk-increased-3-35-since-brexit-vote-despite-slump-warnings\/embed\/#?secret=VkBBE1C3NJ#?secret=piFpwsRUt7\" data-secret=\"piFpwsRUt7\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Pilton in Somerset, home of last weekend\u2019s Glastonbury festival, has experienced an increase in house prices by almost 25% over the last seven years, up by \u00a3101,510. This figure is significantly higher than the average for <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/02\/23\/property-investment-england-focus-south-west\/\" target>Somerset as a whole<\/a> where prices have only increased by \u00a360,150 over the same period of time. <\/p>\n<p>Another area that has done particularly well is Hay-On-Wye, also known for the Hay Festival of Literature and Arts, which has been running for 30 years. Property values in Hay-On-Wye have increased by \u00a378,710 more over the last seven years than the regional\u2019s average at Powys, to which Hay-On-Wye belongs. <\/p>\n<p>And finally, Henley-On-Thames, home to the Henley Festival, has seen house prices increase by 45% since 2010, or by \u00a3232,080 in other words. <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/02\/16\/property-investment-england-focus-south-east\/\" target>The county of Oxfordshire<\/a>, to which Henley-On-Thames belongs, has only experienced an increase in property prices of 30% over the same period of time. <\/p>\n<p>Nick Leeming, chairman at Jackson-Stops &amp; Staff, said: <\/p>\n<blockquote><p>&#8220;The UK\u2019s love of festivals has never been higher, which is reflected in people\u2019s desire to live in their vicinity, contributing to the house price growth premium shown in the data.\u201d<\/p><\/blockquote>\n<blockquote class=\"wp-embedded-content\" data-secret=\"7ZB7K9n73f\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/02\/21\/uk-homeowners-renovation-decoration-ups-price-home\/\">UK homeowners: renovation and decoration ups price of home<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;UK homeowners: renovation and decoration ups price of home&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/02\/21\/uk-homeowners-renovation-decoration-ups-price-home\/embed\/#?secret=ayIB2N2EKk#?secret=7ZB7K9n73f\" data-secret=\"7ZB7K9n73f\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>&#8220;The inward investment festival-goers bring to an area contributes to improved infrastructure and amenities, which all help add to the value of local homes. From musical to literary, food and action, festivals draw in huge crowds and are often an opportune time for would-be-sellers to capitalise on the associated hype. Aside from price growth, with record traffic passing through high streets and past estate agent windows, sellers would do well to consider marketing their home at this time of the year.&#8221;<\/p>\n<blockquote><p>&#8220;<a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/05\/01\/uk-homeowners-thinking-remortgaging\/\" target>Many homeowners<\/a> use festivals as a way of drawing in extra income through holiday letting. Short term rental accommodation can attract a significant premium over these festival weekends with many owners either letting spare rooms out or decamping and offering the entire home to families.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Properties located in some of the UK\u2019s most iconic festival towns and cities have seen house prices increase by more than \u00a3100,000 since 2010, a new analysis shows. The data was put together using Rightmove figures and was then analysed by Jackson-Stops &amp; Staff. Property prices in the UK have increased by 3.35% since Brexit<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-au\/news\/glastonbury-co-not-good-music-also-areas-property-prices\/\" title=\"ReadGlastonbury &amp; Co. not only good for music, but also for the area\u2019s property prices\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[83,35],"class_list":["post-2951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk-housing-market","tag-investment-property","tag-property-prices"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/2951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=2951"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/2951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/4286"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=2951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=2951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=2951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}