December 3, 2021

UK: The best property hotspots for electric car owners

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By James Lockett From ProperPR

GetAgent.co.uk has taken a look at where across the property market offers the chance of an affordable property purchase for those with an electric car. 

The research looks at the areas with an abundance of electric vehicle charging points and below average house prices and shows that: –

Across the UK, there is an average of just 4.8 charging stations for every 100 electric vehicles. 
There are just 20 areas of the UK that are currently home to more than 20 charging stations per 100 electric vehicles, with the average cost of a home coming in at £370,885 – 40% more than the UK average. 
The good news is that 14 of them are home to below-average property prices. 
With 22 charging points per 100 electric vehicles, Blaenau Gwent is not only a great place to own an eco-friendly car, but at £112,343, it’s also home to the most affordable property price. 
The Western Isles ranks second with 35.4 charging points per 100 vehicles and an average house price of just £129,365. 
Sunderland completes the top three, with the average property costing just £132,345 while there are some 22.2 charging stations for every 100 electric cars. 
Other areas to make the list with over 20 charging stations for every 100 electric vehicles include Fermanagh and Omagh (£139,626), Dumfries and Galloway (£148,546), Argyll and Bute (£158,460), Lincoln (£169,115), Boston (£173,304), Highland (£184,214), Gwynedd (£193,961), Coventry (£204,170), Isle of Anglesey (£211,175) Eden (£220,735) and Pembrokeshire (£222,428).

See the full release below:

The most affordable homebuyer hotspots for electric car owners

Estate agent comparison site, GetAgent.co.uk, has revealed which areas of the UK property market are home to the most affordable property values and the greatest abundance of charging ports for electric vehicles. 
For many, our cars are an integral part of our home and more and more of us are opting for electric or hybrid options when it comes to four wheels. GetAgent’s research analysed the UK market based on the number of electric vehicle charging devices per 100 electric vehicles, as well as the cost of purchasing a property, to see which areas are best for homebuyers on both fronts. 

Across the UK, there is an average of just 4.8 charging stations for every 100 electric vehicles. 

There are just 20 areas of the UK that are currently home to more than 20 charging stations per 100 electric vehicles, with the average cost of a home coming in at £370,885 – 40% more than the UK average. The good news is that 14 of them are home to below-average property prices. 

The Western Isles ranks second with 35.4 charging points per 100 vehicles and an average house price of just £129,365.
 
Sunderland completes the top three, with the average property costing just £132,345 while there are some 22.2 charging stations for every 100 electric cars. 

Other areas to make the list with over 20 charging stations for every 100 electric vehicles include Fermanagh and Omagh (£139,626), Dumfries and Galloway (£148,546), Argyll and Bute (£158,460), Lincoln (£169,115), Boston (£173,304), Highland (£184,214), Gwynedd (£193,961), Coventry (£204,170), Isle of Anglesey (£211,175) Eden (£220,735) and Pembrokeshire (£222,428).

Founder and CEO of GetAgent.co.uk, Colby Short, commented:
“Our cars and our homes go hand in hand as they’re often the two most expensive assets we own and the two we’re most proud of. 

We know how a driveway or garage space can add real value to a home but with more of us opting for electric vehicles to help reduce our impact on the environment, the ability to charge them is fast becoming a very sought after amenity amongst homebuyers. 

Unfortunately, there aren’t many locations that offer an abundance of charging stations and even fewer still that also offer an affordable foot on the ladder.

As with any emerging technology, it should only be a matter of time before this tide starts to turn and we gain greater access to charging stations to help meet the growing demand for greener transport.”
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Electric vehicle data sourced from Gov.uk Electric vehicle charging device statistics and Licensed vehicle dataHouse Price data sourced from Gov.uk – UK House Price Index (Aug 2021 – latest available)

Notes:

GetAgent pulls data from all of the major portals which are then cross-referenced with the Land Registry using their proprietary algorithms and input from partner agents.

GetAgent is a UK wide whole of market estate agency comparison website. Analysing performance through data to inform home sellers of the best agents.

Founded in 2015 by Colby Short (Stevenson Cartwright; SMG Worldwide) and Peter Thum-Bonanno (Find Properly; Analysys Mason)

Backed by Seedcamp, the prolific venture capital technology investor

And has to date received over 100,000 enquiries for agents from property sellers to a total property value of £30bn and are now serving over 10,000 enquiries per month.

 

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