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Broadband speed now ranks in homeseekers' must-haves in Gloucestershire

By Gloucestershire Echo  |  Posted: March 04, 2014

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LOCATION, location, location is being joined by broadband speed as a deciding factor in house-hunting.

Increasingly, tenants and buyers want to make sure they're well connected when choosing their new home.

Nationally, estate agents have reported that poor broadband access could knock 20 per cent off house prices.

While Gloucestershire agents said they aren't yet noticing an effect on house prices, it is becoming an increasingly important element in the decision to buy or not to buy.

Property search website Rightmove has now added a broadband speed checker to its listings alongside traditional factors such as schools and transport.

Ian Vaughan at Peter Ball & Co estate agents in Cheltenham said that broadband speed, while not affecting prices, could make a property more saleable.

"In terms of property value we're not sure it has much impact. But for saleabilty and rentability it makes it more attractive," he said.

Trevor Russell at KJT Residential in Gloucester said it's a key factor in the city's rental market.

"It definitely is having an impact, more on the rental side than house sales.

"Virgin Media has always been one of the preferred providers. There are parts of Gloucester that don't have access to it. It does make a difference. It's a big problem.

"It can also be an issue in rural areas where a lot more people are working from home.

"Gloucestershire is not too bad for broadband speed but there are definitely certain areas which aren't as good."

Rowan Hill in the Cinderford office of KJT Residential said househunters were increasingly asking about broadband speed.

The Fastershire initiative, a partnership between BT and Gloucestershire County Council, is introducing a new fibre broadband network across the county.

Under the £56.6 million scheme, parts of Drybrook are expected to go live in the coming weeks and the first properties in Bourton-on-the-Water, Gorsley, Kemble, Poulton and St Briavels are due to go live during this spring.

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6 comments

  • TimMessanger  |  March 04 2014, 7:30PM

    nath247 - is the developers installed ducting for the providers both BT and VM then there is a good chance they would get connected up BUT as they don't all the houses will be covered in unsightly dishes!

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  • nath247  |  March 04 2014, 2:56PM

    I can certainly think of a few new estates in around both Cheltenham and Gloucester that DO NOT have either Virgin Media or FTTC services available and suffer from sub 2Mbps broadband, yet within a stones throw of a Virgin Media/FTTC enabled area.. Fastershire will not touch them either as they are classed as a commercial roll-out area.

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  • dibblebibble  |  March 04 2014, 2:37PM

    raider - at 40mb you should not have those issues. I suspect either a lot of people using your BB in your house, maybe? Or congestion on your local loop, or if you're using wifi, you won't actually get the advertised speeds. Try actually connecting (hard wire) to your router and see how your speed/service is. Hard wired will always get faster/nearer to advertised speeds. I'm on Virgin Media 120mb service, and when on wifi, I'll get around 50mb, but when hard wired, I get full speed.

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  • TimMessanger  |  March 04 2014, 11:24AM

    raidermanuk - Sounds like you have network congestion.......

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  • raidermanuk  |  March 04 2014, 9:46AM

    Not always so important as it may seem. Youtube often refuses to play in HD until 30 seconds before a video ends. BBC iPlayer usually stumbles and buffers before I close it in exasperation and that's with fibre optic where at this moment its showing a download speed of 40.46 mbs. Rightmove tells me the average for my area is 5.85 mbs!

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  • SandraPee  |  March 04 2014, 8:45AM

    A fifth off the price of a house ? Surely not ! It might be a ''clincher'' for some, but, of little consequence to others ....... it's one of those Marmite decisions !

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