New research reveals that although the estate agents’ traditional refrain of ‘location, location, location’ still matters to a degree, it is not the only major factor potential homeowners look for.
A new study by GoCompare Home Insurance has found that when it comes to choosing a new home homebuyers are increasingly looking for ‘connection, connection, connection’.
The survey found that the most desirable properties are located in good neighbourhoods, with low crime rates, near local shops and GP or dentist surgeries. But, the survey also found that potential home-hunters increasingly value superfast broadband, clear mobile phone signals, satellite TV and transport connections over pubs, schools and recreation facilities.
Most desirable home location/facilities
1 A good area or neighbourhood 66%
2 An area with a low crime rate 59%
3 Good proximity to local shops 51%
4 Near a good GP or dentist surgery 44%
5 A good, reliable broadband connection sufficiently strong to stream TV and films 43%
6 Reliable and clear mobile phone signal 42%
7 Superfast broadband 39%
8 A land-line telephone 33%
9 Bus, tram or underground stop nearby 31%
10 Satellite TV 27%
A quarter (26%) of potential home-hunters prioritised good access to recreation facilities or nature while 14% were concerned about being near a good pub and 14% near a good school.
Ben Wilson, from GoCompare Home Insurance, said: “Location will always be a key factor for homebuyers. After all, while you can improve a property – you can’t move it. But it is too simple these days to say that it is the only consideration. Homeowners also expect to be connected in a way that wasn’t envisaged even 10 years ago. They will want to know about the transport infrastructure and communications as much as the schools, shops and amenities.”