Daily Archives: April 11, 2014

Slow local broadband can really knock a home price around

April 11th, 2014

The Telegraph in England has published an engaging topic, via data from Rightmove, arguably the UKs biggest Property portal.

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In the article, they contend that by not having fast/ultra fast broadband, then homeowners could potentially suffer up to a 20% reduction in their assets value.

They, Rightmove UK,  base this on…

“research it (they) conducted among among 3,000 people found that broadband details were ranked as a more important feature when searching for property than information on transport links and nearby schools.”

Makes for interesting reading, and even more so amongst the amount of #gigatown vibe out there in NZ at present.

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The “fuel guage” they use above is quite compelling too. What data should always be….easy to read and understand.

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Mind you, paying GB£5,000,000 you’d probably expect no less.

It certainly would aid any New Zealand area, including Nelson where hundreds already support the #gigatownNSN hashtag.

SOURCE – Slow broadband wipes 20% off house prices – The Telegraph UK