DCSIMG

Lack of homes being built is not a problem

Not a single new home was completed in Blackpool in 2013, new figures show.

Not a single new home was completed in Blackpool in 2013, new figures show.

The sharp rise in new homes being built that is fuelling a housing boom has bypassed Blackpool, new figures show.

Not a single new home was completed in the resort in 2013 – and work started on just 10 in that time – but experts say the resort is not losing out.

House-building in the UK hit a six-year high in 2013, with 120,000 projects getting underway, but one estate agent said the Fylde coast is facing a drastically different situation to the south of England.

Justin Allitt, managing director of Allitt’s Estate Agents, said: “The great thing about Blackpool is there is enough affordable accommodation that we don’t need any new builds.

“Any property that comes to market with a realistic asking price will be sold.

“And that will draw people to the area – six or seven years ago we had an influx of southerners coming here who had been priced out of the market and that could happen again.”

Across Lancashire, more than 2,000 new homes were completed last year and 350 of them were on the Fylde coast, 200 in Fylde and 100 in Wyre.

Construction started on 2,800 homes across the county in 2013, with 240 in Fylde and 170 in Wyre.

The number of houses built on the Fylde coast has been falling steadily over the last five years, with the exception of 2010/11, and just 230 were completed in the last full financial year.

However, figures for the end of 2013 suggest Fylde and Wyre may be starting to buck the trend, while work is due to begin on hundreds of new homes in Blackpool.

Coun Gillian Campbell, Blackpool Council cabinet member for housing, said: “We’re about to embark on building at Queens Park and Foxhall Village which will see 600 new, high quality homes built.

“This is massive for Blackpool and will have a regenerative effect in both areas and has been years in the making.”

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Fylde coast house prices set to go up in the Spring

There is plenty of reason to be optimistic about the state of the housing market, according the Justin Allitt.
The managing director of Allitt’s Estate Agents said the market has turned a corner in recent months and he expects prices to start going up on the Fylde coast before long.
He said: “If anything, the lack of new builds shows there is enough good quality property here that other parts of the country lack.
“We haven’t seen any price increases yet but I think by April we will.”

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