Schools boost Fylde house prices

Posted: 11 May 2006 10:19:19 GMT

            Property News - Schools boost Fylde house prices

House prices in Fylde near Blackpool are apparently rising at a staggering rate as families look to enrol their children in one of the impressive schools.

Citing figures from the Land Registry, Blackpool Today has noted that there was a 9.3 per cent rise in house prices in Fylde during the first quarter, meaning that the average property is now worth £196,261.

Affluent families are clearly snapping up detached houses in the area, with a 15.1 per cent rise in the average cost of these properties during the first quarter.

Statistics show that the average detached house in Fylde is now worth £286,166, which compares to £184,366 for semi-detached properties.

Estate agent Michelle Guest said: "We've seen a big increase in three bedroom homes with properties up to £250,000 moving fluidly.

"Families are being drawn into the area by its excellent schools and amenities. People come to Fylde because they are looking for a better quality of life."

House buying activity is thought to be strong across the full range of properties in Fylde, including the cheapest properties at around £100,000 and the most expensive at around £1 million.

House price rises in Blackpool and Wyre have been a little slower, it is claimed, with Wyre actually seeing a drop in prices during the first quarter.

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