Takeaways hurt house prices

April 30, 2020

The latest research by estate agent comparison site GetAgent, has found that areas with a lower density of takeaways are home to house prices as much as 75% higher than areas with a larger number.

With many of us turning to takeaways during the lockdown as the next best thing to eating out, a high volume of takeaways may well be smiled upon, however, research shows you may not be smiling if you’re a homeowner.

GetAgent looked at the total number of takeaways in local authorities across England and the density based on the number of takeaways per 100,000 of the population.

GetAgent then looked at the average house prices across these local authorities at certain takeaway thresholds.

The research shows that in the highest threshold, areas with over 100 takeaways for every 100,000 people living there, the average property price sits at a lukewarm £216,606.

This then climbed 23% to an average property price of £266,818 as the number of takeaways per 100,000 people dropped to between 80+ and 100.

In areas where there was an even lower density of takeaways of between 60+ and 80 per 100k people, the average price of a property increased a further 25% to £332,389.

Property prices climbed a further 3% in areas with 40+ to 60 takeaways per 100k people and again by another 11% in areas within the lowest threshold of takeaways of 40 or less per 100k people. In this lowest threshold property prices averaged a meaty £378,855, 75% more than in the sample of areas home to the highest number of takeaways per population of 100k.

 

Number of takeaways per 100,000 people/population
Average House Price
Difference
100+
£216,606
N/A
80+ to 100
£266,818
23%
60+ to 80
£332,389
25%
40+ to 60
£342,129
3%
40 or less
£378,855
11%
Total change between top and bottom threshold
75%

 

Sources
Average house price
Density of fast food outlets

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

Housing market trends highlight a changing landscape

The housing market has seen many challenges across the year to date and, in many ways, the property landscape has been a year of two extremes already.   At the start of the year, there was a quiet but optimistic consumer confidence in the air.   However, with the global economy impacting almost every aspect…
Read More →
Breaking News

Mortgage rate rises loom as major lenders reprice

Major lenders have moved to increase mortgage rates to catch up with recent rises to swap rates, according to Moneyfactscompare.co.uk analysis.   Over the coming days, more lenders are expected to review mortgage rates in response to higher swap rates, with HSBC and NatWest so far the biggest banks to increase rates since the start…
Read More →
Breaking News

Average house price edged down in August

House prices in August 2026 were -0.4% lower compared to the same month a year earlier.   Average house price edged down in August as market remains subdued • House prices fell slightly in August ( -0.2%), following a -0.1% decrease in July • Average property price now £298,468 compared with £299,153 in July •…
Read More →
Estate Agent Talk

A derelict property will still set you back £240,000

The latest data from LandSale, the property portal dedicated to land and rural property, reveals that buyers looking to breathe new life into a derelict property could face an asking price as high as £237,500 on average, highlighting the substantial value still attached to redevelopment opportunities across Britain.   Britain continues to struggle with a severe…
Read More →
Estate Agent Talk

Selling an Inherited Property in Scotland: A Clear Guide

Selling an inherited property in Scotland can begin only once confirmation, the Scottish equivalent of probate, has been granted by the court. Until that legal authority is in place, the executor cannot complete a sale, so grasping the sequence early saves later frustration. Families who would rather not manage a long marketing process sometimes approach…
Read More →
Breaking News

Breaking Property News 3/9/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The imminent interest rate hike is going to be a real reckoner for property   When interest rates rise again, Britain’s housing market will discover what it is really worth   Thought Leadership by Andrew Stanton CEO Proptech-PR For more than a decade, Britain’s housing…
Read More →