What’s occurring? Barry tops list for house price growth in Great Britain
The home of one of the nation’s favourite sitcoms is currently Great Britain’s hottest market for property asking prices, new Rightmove data can reveal.
Barry, in the Vale Of Glamorgan in Wales, which fans of BBC’s Gavin and Stacey will know as Stacey’s hometown, is currently the most thriving housing market with average asking prices rising by 11% over the past year.
Fans of the show may also be interested to know that there’s currently a three-bedroom end-of-terrace house for sale on the same street where some of the best-loved characters live in the show.
The average asking price of a property in Barry is currently £191,050, up from £172,752 this time last year. The 11% increase compares to an increase in Wales overall of 2.9%. Our latest House Price Index, as explained below, also found that the price of property coming up for sale in Great Britain as a whole has risen by 0.4% this month.
Average asking prices in Barry are more than 20% higher than they were five years ago when they were £156,878.
Perhaps it’s down to Nessa’s slots arcade doing a roaring trade, or Dave’s Coaches business boosting the local economy.
Rightmove’s property expert Miles Shipside said: “It’s great to see Barry named as the country’s hottest property market right now. It’s a great tourist spot thanks to the popularity of Gavin and Stacey, and not forgetting Barry also boasts some quite stunning coastal views.”
This three-bedroom end-of-terrace currently up for sale gives fans of the BBC sitcom the chance to live on the same street as some of the show’s best-loved characters.
On the market for £155,000, this traditional red brick home in Trinity Street in Barry’s West End is on the same road as Uncle Bryn’s and Gwen’s homes in the show. It comprises a similar layout to the property used for filming in Gwen’s house.
Downstairs, there is a living room and separate dining room, kitchen with a pantry and a conservatory, while on the first floor there are three bedrooms and a bathroom.
The property is just a matter of yards from where Stacey and Nessa were filmed starting their journey to church for the wedding in series one.
This property is listed for sale on Rightmove with Chris Davies Estate Agents:
Andrew Fenton, sales director at Vale of Glamorgan-based Chris Davies Estate Agents, said: “Barry is the place to be so I’m not at all surprised by Rightmove’s findings. “Property prices here compared with Cardiff and its suburbs are comparatively reasonable. We’ve seen a lot of economic growth and there are 2,500 new homes being built down at the waterside called The Quays. We’ve also got very good schools down here.
“I think even five years ago, Barry was popular with home-hunters, but a major factor recently has been the abolition of the Severn Bridge tolls. Since then, people in Newport have been priced out of their own town by investors from Bristol and what have you, so those people have been coming to Barry.
“But we all love the Gavin and Stacey connection, why wouldn’t we? It certainly makes a difference, there’s no question of that. We’re in the public domain and are a topic of conversation.
“Mr Danter, who owns the pleasure park on Barry Island, has ploughed so much money into it, everyone knows about it. The show has been great for the town, it’s put us on the map and has promoted the local area. It’s been brilliant.”
Usual spring buoyancy weighed down by Brexit
New Rightmove data shows the property market is cooler than usual for this time of year as the traditionally busier spring period is affected by the uncertain political climate.
Our data scientists have found that the average price of property coming up for sale has risen by just 0.4% this month, which is the lowest average monthly rise at this time of year since 2011.
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