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

Solutions to fix construction skills

The Centre for Social Justice (CSJ) has released a report titled, ‘Skills to Build: Fixing Britain’s construction workforce crisis.’ After speaking to several organizations and having roundtables to garner a wide understanding of the sectors’ perspectives and needs, they have proposed twenty six recommendations that will fix the issues underpinning the skills crisis. Richard Beresford,…
Read More →
Breaking News

Budget Commentary – Mansion Tax, Business Rates & Planning Reform

Andrew Teacher, Co-founder at LauderTeacher, one of the UK’s leading advisors on real estate communications, investor relations and a former spokesman for the BPF, comments on the potential Budget. Mansion tax “Nobody likes paying tax, but the reality is a council tax revaluation is long overdue. Rather than distorting the market, which is what a…
Read More →
Rightmove logo
Breaking News

Budget 2025 market data & home-mover and agent insight

Speculation about property tax changes is fuelling uncertainty across much of the market Rightmove research found that home-movers would favour staggered stamp duty payments, while a poll of estate agents also suggested that staggered payments would be a preferable change to shifting payment to the seller Rightmove data on rumoured property tax changes Mansion Tax…
Read More →
Breaking News

Breaking Property News 24/11/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Symple resolves four core issues in the new Renter’s Rights Act Automating compliance in the new PRS landscape   The Renters’ Rights Act has raised the bar for private landlords in England in terms of property condition, hazard resolution, evidence of compliance and regulatory registration. Symple…
Read More →
Breaking News

What does Rachel Reeves have in store for the UK property market?

With the Autumn Budget now just days away, speculation is mounting that the Chancellor, Rachel Reeves, will use property taxation as a central tool to address the widely reported fiscal shortfall of between £20bn and £40bn. As a result, the housing market has entered a period of caution, with asking prices falling 1.8 percent in…
Read More →
Letting Agent Talk

Why Property Guarantors Need Legal Advice Before Signing

When it comes to property deals, it’s natural to look for additional support, especially when you’re not fully confident about meeting the terms of the agreement. This is where a guarantor comes into play, as they step in to give the property owner some assurance. The idea of helping someone you trust can feel quite…
Read More →