Period Property Vs New Build – Which is Best?

house building essex colchester

With a plethora of modern housing being built to meet the demand of buyers, we decided to weigh up whether new build properties with the latest architectural insights were as popular as older, traditional properties. We have discovered that a large proportion of the population are quick to mention the adjective ‘period’ when describing their ideal and perfect home, alluding to the appeal of the character involved in a traditional property and its ability to radiate a homely ambiance.

A large percentage of the population would hasten to disagree with the viewpoint of attraction to period properties, citing these “second-hand homes” as “never ending money pits.” The increased likelihood of an older property needing renovation works is a major turn off for a great number of buyers, and a modern built property is also able to brag its energy efficiency with effectual insulation and double glazing, pointing towards a decline in the costing of bills.

The period fanatics are soon to counteract a modern property’s practicality by signalling towards their small gardens with no privacy from neighbours, as modern houses are often crammed in tightly together on a development. The ceilings are low and the rooms are thought to be smaller than the ones found in a traditional property, with the underlying factor of no character being found in a modern home.

The word ‘period’ has a tendency to be used in a very broad context, so what actually is a period property? Many think of the grandeur and neo-classical stylings, with clean, symmetrical lines of Georgian architecture, whilst others envisage the cornicing, bay windows and patterned brickwork from the Victorian era. Another share of the UK would argue that the light airiness of the Edwardian period is their definition of a period property. A preference in a particular era of period architecture is widely thought to be down to personal fondness and what makes you individually think of as home.

Both period and newly built properties have their advantages and drawbacks, but the underlying question of which is better really depends on a personal level as to what kind of property and lifestyle you are partial towards.

Josh Cousens – abbotFox

Alex Evans

You May Also Enjoy

Breaking News

First-Time Buyers Prioritising ‘Forever Homes’

A third of first-time buyer purchases are semi-detached properties, as young people turn to ‘forever homes’   Barclays mortgage data shows semi-detached properties rose in popularity in August, accounting for 33.5 per cent of first-time buyer purchases Four in 10 Barclays first-time buyer customers chose mortgages allowing them to complete their repayments over a 30+…
Read More
Estate Agent Talk

Closing the gap on client relationships and recommendations

New research from iamproperty has highlighted the growing disconnect between what buyers and sellers want from their agent and what they experience, which could be killing recommendations from happy clients. iamproperty’s quarterly consumer survey revealed that only a third of respondents (32%)¹ would recommend their agent following their experience. With many agents relying on recommendations…
Read More
Estate Agent Talk

Northern Ireland to expect over 25,000 new home movers

Belfast-based estate agency John Minnis has revealed that Northern Ireland is to welcome an estimated 25,000- 30,000 new arrivals from the UK and Europe over the next five years, as migration to the region reaches its highest levels in more than a decade. Recent figures show that 11,700 people relocated from other parts of the…
Read More
Breaking News

Red tape and rising costs stifling new-build availability across the capital

The latest analysis from London estate agent, Benham and Reeves, has revealed how protracted building timelines are preventing the capital’s housebuilders from delivering the level of new-build housing stock required to meet demand, with new homes currently accounting for just 7.5% of all properties listed for sale across London. Benham and Reeves analysed the latest…
Read More
Estate Agent Talk

UK’s new wave of ‘second cities’ offers strongest yield growth for property investors

The latest research from West One Loans has found that whilst investors may continue to favour the nation’s key cities such as London, Birmingham, and Manchester, a new wave of ‘second cities’ is delivering the strongest growth in rental yields. These emerging markets are offering investors the chance to achieve attractive returns, driven by rising…
Read More
Estate Agent Talk

Decline in change of use further constricting housing supply

Jonathan Samuels, CEO of Octane Capital, believes that a decline in conversion projects could ultimately prevent the Government from hitting its ambitious housing delivery targets, as the firm’s latest analysis has revealed that the number of homes created through change of use has fallen sharply in the last five years. Octane Capital analysed official Government…
Read More