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: | EPPING, ESSEX | |||||||
Category: | C | |||||||
Investor Profile | Pension, Retirement and Cash&Equity | |||||||
Population aged 15+: | 18,198 | |||||||
Actual | National Average | |||||||
Percentage Class ABC1: | 65% | 44% | ||||||
Crime: | Violence | Sexual | Burglary | Motor | ||||
Per 1000 population | 6 | 1 | 6 | 5 | ||||
Yield Range: | 4.8% - 8.6% | |||||||
Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
Flats&maisonettes | 95,200 | 142,800 | 157 | 212 | 7.7% | 8.6% | ||
Terraced | 123,200 | 184,800 | 187 | 253 | 7.1% | 7.9% | ||
Semi-detached | 184,000 | 276,000 | 188 | 255 | 4.8% | 5.3% | ||
Detached | 267,200 | 400,800 | 293 | 396 | 3.0% | 5.3% | ||
Valuations above the national average by: | 79% | |||||||
Actual | National Average | |||||||
Capital growth last 12 months: | 16% | 18% | ||||||
Capital growth last 4 years: | 84% | 74% | ||||||
Large employers in the area: | No major employers | |||||||
Demand For Letting: | Excellent | |||||||
Average void period: | 1 week | |||||||
Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
Out of 10: | 7 | 5 | 2 | |||||
Summary: | Has a tube station and provides great country living thus being very desirable to certain city workers who work in London but desire a calmer home life. | |||||||
Description: | Epping, part of the Epping Forest District, is at the end of the Central Line for the London Underground, and is the only hotspot I have chosen that is on the tube. Other commuter towns in the Epping Forest District are Chigwell, Buckhurst Hill and Loughton which are all on the Central Line but have all seen astronomical property price increases – Loughton hit the front page of the Daily Express with a 75% increase in prices in 3 months! Epping has seen big increases in prices over the last 2 years but not as extreme as its other neighbouring commuter areas. Personally I find Epping more pleasant than the others as it does not have that London feel. It has a quaint but resourceful high street, enough restaurant, bars & pubs that do not over crowd the area, its only 4 miles from a major town, Harlow and its all set within the picturesque and famous Epping Forest. There are many new development apartments that have been built in the last 10 years, mainly around the station, and there are still more being built around the station and spilling on to the high street. This part of Essex, Epping Forest, is a hit with some of the London football club professional players which can only act as good PR for the area. | |||||||
Mainline railway station: | 30 minutes to Liverpool Street, London | |||||||
Road Access: | Main access M25 & M11 21 miles north east of Central London 2 miles from M11/M25 | |||||||
Local Newspaper | Redbridge & West Essex Guardian 0208 498 3400 | |||||||
Estate Agents: | Name | Address | Tel | Web | ||||
Bairstow Eves West | 48 High Street Epping Essex CM16 4AE | 01992 560520 | ||||||
Millers Estate Agents | 65 High Street Epping Essex CM16 4BA | 01992 560555 | ||||||
Hetheringtons Countrywide | 4 Forest Drive Theydon Bois Epping Essex CM16 7EY | 01992 815314 | ||||||
James Sear Estate Agents | 311 High Street Epping Essex CM16 4DA | 01992 560056 | ||||||
Nicholsons | 3 Station Road Epping Essex CM16 4HA | 01992 572551 | ||||||
Letting Agents: | Name | Address | Tel | Web | ||||
McKinley Residential | 2 Slade End Theydon Bois Epping Essex CM16 7EP | 01992 619999 |