CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
| Area: | CANTERBURY, KENT | |||||||
| Category: | C | |||||||
| Investor Profile | Pension, Retirement, University, Downshifter and Cash&Equity | |||||||
| Population aged 15+: | 37,264 | |||||||
| Actual | National Average | |||||||
| Percentage Class ABC1: | 57% | 44% | ||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||
| Per 1000 population | 7 | 1 | 4 | 4 | ||||
| Yield Range: | 4.6% - 7.4% | |||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
| Flats&maisonettes | 72,000 | 108,000 | 102 | 138 | 6.6% | 7.4% | ||
| Terraced | 94,400 | 141,600 | 131 | 178 | 6.5% | 7.2% | ||
| Semi-detached | 111,200 | 166,800 | 146 | 197 | 6.1% | 6.8% | ||
| Detached | 178,400 | 267,600 | 175 | 236 | 4.6% | 5.1% | ||
| Valuations above the national average by: | 16% | |||||||
| Actual | National Average | |||||||
| Capital growth last 12 months: | 19% | 18% | ||||||
| Capital growth last 4 years: | 77% | 74% | ||||||
| Large employers in the area: | Many | |||||||
| Demand For Letting: | Good | |||||||
| Average void period: | 2 weeks | |||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
| Out of 10: | 7 | 4 | 3 | |||||
| Summary: | The capital of Kent with a thriving economy and great links to London and the rest of Europe. | |||||||
| Description: | This area is one of the largest economies in Kent being around 51,000 employees and over 4,800 companies in 2002, which are worth around £1.4billion. It ranks within the most economically competitive of all the local authority districts in the UK. It has a large proportion of its employees in the business services sector such as financial and legal services, which employs around 8,500 people and generates significant wealth in the local economy. Canterbury has a good manufacturing base within all the District’s key business parks in Herne Bay and Whitstable, which have surprisingly developed well in the last decade considering the manufacturing recession we are currently facing. The University of Kent is a mile away from the city centre so the students, all 12,000 of them, give the historic city a youthful feel. Its proximity to Dover (Canterbury being the closest city to Dover) makes the city appealing being that Dover is the gateway to the rest of Europe. The M2 which takes you into London is undergoing a major improvement scheme. The M2 is easily accessible from the A2 in Canterbury. | |||||||
| Mainline railway station: | 2 hours to London Victoria | |||||||
| Road Access: | Main access A2 & A28 60 miles east of Central London 8 miles from M2 | |||||||
| Local Newspaper | Kentish Gazette 01227 768181 | |||||||
| Estate Agents: | Name | Address | Tel | Web | ||||
| Pearson Gore | 75 St Dunstans Street Canterbury Kent CT2 8UB | 01227 463709 | www.pearsongore.co.uk | |||||
| John Bishop & Associates | 5 Dover Street Canterbury Kent CT1 3HD | 01227 764884 | www.johnbishop.co.uk | |||||
| Priors Estate Agents | 92 High Street Bridge Canterbury Kent CT4 5LB | 01227 831999 | ||||||
| Spicer McColl | 17a Burgate Canterbury Kent CF1 2HG | 01227 454577 | ||||||
| Collins & Co | 1a Castle Street Canterbury Kent CT1 2QF | 01227 785288 | ||||||
| G W Finn & Sons | Brooklands Fordwich Canterbury Kent CT2 0BS | 01227 710200 | www.gwfinn.co.uk | |||||
| Letting Agents: | Name | Address | Tel | Web | ||||
| Caxtons | 01227 785288 | www.caxtons.com | ||||||
| Berrys Canterbury | 70, Castle St Canterbury Kent CT1 2QD | 01227 765268 | TBC | |||||
| Connells | 77, Castle St Canterbury Kent CT1 2QD | 01227 764720 | www.connells.co.uk | |||||
| Let Solutions | 75, Stour St Canterbury Kent CT1 2NR | 01227 456466 | www.letsolutions.co.uk | |||||
| Strutt & Parker | 01227 451123 | www.struttandparker.com | ||||||
| Your Move | 01227 453662 | www.your-move.co.uk/lettings | ||||||
| Countrywide Residential Lettings | 01227 763393 | www.rightmove.co.uk | ||||||