The semi-detached house with its bay
windows and net curtains has long been ridiculed as an emblem of safe, lacklustre
and desperately uncool suburban life; the homes of the likes of Hyacinth Bucket in
Keeping up Appearances and more latterly Alan Partridge – but they could have the last laugh - having enjoyed the highest price
growth of any property type in Southampton, up by an average 364% increase in
the last twenty years.
The semi can now laugh in the face of its posher detached counterpart,
which saw a rise of 323% in the same 20-year period. Looking at smaller
properties, flats/apartments only rose 287%, whilst terraced houses did better
at 337% (although they were starting from a lower base and demand from buy to
let landlords has had a big part in driving the values on that type of house (i.e. the price a buy to let landlord is
prepared to pay is driven by the rent the landlord can achieve).
In 1996 the average value of a Southampton
semi stood at £55,100,
today it stands at £255,700
Such is the attractiveness of semis, which are cheaper than
detached houses but have most of the same benefits for families. Semi-detached
houses were built in their hundreds of thousands by the Victorians and
Edwardians between the wars and through to the present day. Interestingly in
the late 19th Century and early 20th century – they often
weren’t referred to as semi-detached – but as villas!
So whilst Europeans live on top of
each other in apartments us British chose, in the late Victorian and early
Edwardian times, suburban comfort, being near … but not too near, the
neighbours! I once heard someone say the semi-detached house was a peculiar
crossbreed that doesn’t stand on its own — it is inseparable from its neighbour
— yet somehow still embodies a dream of suburban independence.
Over one in four houses in Southampton
is a semi-detached house
There are 27,215 semi-detached properties in Southampton and
they represent 26.02% of all the households in Southampton. Southampton has
such a mix of semi-detached properties with the older classic bay fronted semis to more
modern ones built in the last couple of decades. Especially with the older ones,
the semi offered a hall to provided separation between the reception rooms and
privacy for their occupants. Also the downstairs offered larger rooms to
accommodate dining tables, whilst upstairs, bedrooms were smaller, yet cosy.
However, probably the most overlooked
aspect of popularity for semis is the garden. The front garden, designed to
separate the house from the world, and the back garden designed for private relaxation.
The semi in the suburbs was relaxing, well presented, plumbed and enhanced by a
garden so that when a window was opened the air had a chance of being genuinely
fresh… and it’s for all those reasons why 766 semi-detached houses have been
sold in Southampton in the last 12 months alone. Still as popular today as they were with the
Victorians all those years ago – some things just stand the test of time!
If you are a landlord or thinking of becoming one for the first time and you want to read more articles like this about the Southampton Property Market, together with regular postings on what I consider the best buy to let deals in Southampton (out of the many of properties on the market, irrespective of which agent is selling it) then feel free to get in touch.
If you are a landlord or thinking of becoming one for the first time and you want to read more articles like this about the Southampton Property Market, together with regular postings on what I consider the best buy to let deals in Southampton (out of the many of properties on the market, irrespective of which agent is selling it) then feel free to get in touch.
If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.
Email me on brian.linehan@belvoirlettings.com or call on 023 8001 8222.
Don't forget to visit the links below to view back dated deals and Southampton Property News.
Twitter, https://twitter.com/sotonbelvoir
LinkedIn, https://www.linkedin.com/in/brianlinehan
LinkedIn, https://www.linkedin.com/in/brianlinehan
I have spent a lot of the time in different blogs but this is really a unique blog for me.
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