23.9 miles – The
average distance
people go to
escape living in Huddersfield
“How far do Huddersfield
people go to move to a new house?” This was an intriguing question asked by one
of my clients the other week. Readers of my property blog will know I love a
challenge, especially when it comes to talking about the Huddersfield Property
Market!
For the majority, the response
is not very far. It is much more common for homeowners and tenants in Great
Britain to move across town than to the next town or county. Until
now, it’s been hard to say how many homeowners and tenants moved from (and to)
relatively far away to buy or rent their new home. However, I carried out some
research and requested some statistics from the Royal Mail. What came back was fascinating!
Using statistics
for the 12 months up to the middle of Autumn 2016, 290 households moved out of Huddersfield
(HD3), moving an average distance of 23.98 miles - the equivalent of moving
from Huddersfield to Sheffield (as the crow flies). The greatest distance travelled was 221 miles
– that’s 8.5 marathons (when someone moved to Exeter).
Considering there
were 467 property sales in HD3 in the year and countless tenant moves, the numbers seems consistent – once you
find a town you like, you tend to want to settle down and if you do move, you might
only move to a different neighbour-hood, or for better transport links or, to
be closer to the school you want to get your children into, but the likelihood
is you won’t travel far.
I then turned my attention to
people moving into Huddersfield. Using the same statistics for the
12 months up to the middle of Autumn 2016, 292 households moved into Huddersfield
(HD3), moving an average distance of 27.82 miles - the equivalent of moving
from Blackburn to Huddersfield (again as the crow flies). The greatest distance
travelled was 209 miles – that’s more than 8.5 marathons (when someone moved
from Ashford to Huddersfield).
I have looked at the
data of every person moving into Huddersfield and these have been plotted on a
map of the UK. Looking at the map below, it shows exactly where most people
come from, when moving into Huddersfield. As you can see, there are a high
proportion of people moving from London and the South East.
So, what does all this mean for the landlords and
homeowners of Huddersfield?
When an agent markets a property for rent or let, it is vital to know the tenant or property buyer well, that
the properties they are letting/selling fit those tenants/buyers, so they almost
sell themselves. These days that means not only knowing how many bedrooms,
reception rooms etc., a property offers but the budget buyers and tenants want
to spend on a property in that area as well as where they come from.
The estate and lettings industry loves the mantra
“location, location, location”. I say it might be helpful to factor in where
(and how) far people are moving from, so the property can be sold or let more
easily. Many say knowledge is power and whilst I do enjoy writing my blog on
the Huddersfield property market, I also use the information to help my clients
buy, let and sell well. So for example, the information gained for this
article, will enable my team and I to be more efficient in where to direct our
marketing resources to ensure we maximise our clients’ properties sale-ability
or rent-ability.
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