This week, Stephen Brown, a good friend of mine went to watch the Ashes. He is cricket mad and despite the washout weather and Australia retaining the title, he had a great time. I was telling another friend that he had been and he said to me, I’m surprised Stephen didn’t test your knowledge and ask you how property prices have grown over the past 12 ashes!
I’m the first to admit, I know very little about cricket despite having school friends that went on to play for both Yorkshire and England. I do however know about property prices!
First of all, to show I am a good sport here are three cricket/property facts for you
- The last time England won the Ashes was eight years ago in 2015 at home, and since then we’ve seen the average house price increase by 31% across England and Wales with an average annual growth rate of 3.8%.
- Between series, the strongest growth occurred between 2002/03 and 2005 Ashes, with a 20% uplift and an England win at home, which included the famous Edgbaston test and the urn after 16 years!
- The slight dip in growth during the 2010/11 series occurred at the same time as a rise in the inflation rate, which hit 4.5%. This was the first time in 24 years that England had won The Ashes in Australia.
Closer to home in Lancaster, property prices since 2003 ashes have risen, on average by 144% (73% for apartments and a whopping 161.5% for houses). If only we all knew then, what we know now!
My name is Michelle Gallagher. Please don’t quiz me on my cricket knowledge as it really is rubbish. However, if you want to talk property, I could chat with you all day long!
You can email me at michelle@jdg.co.uk or call me on 01524 843322
Thanks for reading
Michelle x
