WhatHouse? Location Ratings For Finance Explained
Posted 15 November 2023 byÂ
Keith OsborneWhatHouse? has just launched its Location Ratings index to provide house-hunters with detailed, up-to-date scores on many different aspects of the places they want to live.
Working with data experts CLSQ, we assess the latest information to give every current new homes development a rating under several core topics, including Finance.
Finances are the fundamental thing on which our choice of new home is based, but aside from what you can afford to borrow and the price cap you must consider, there’s the ongoing running costs to consider too, and what may happen to the value of your home before you sell it in the future. It’s these elements that we use to calculate our Finance rating, including:
- From government figures, how have property prices changed in the area/district you’re looking to buy a home over the past year and past five years?
- What is the average EPC rating on the development you’re enquiring about?
Combined, these give a comprehensive score in what to expect from the area around your potential brand new home in terms of running costs and investment potential.
Example ratings: Top 5 ranking developments for finance in the West = Midlands region::
| Rank |
Development and location |
Housebuilder |
Score out of 5 |
| 1 |
Hadley Gate, Telford, Shropshire |
Persimmon Homes |
4.5 |
| 2 |
Monkswood, Telford, Shropshire |
Avant Homes |
4.4 |
| 3 |
Charlton Gardens, Apley, Shropshire |
Countryside / Bromford |
4.4 |
| 4 |
Scarlet View, Lawley Village, Shropshire |
Barratt Homes |
4.4 |
| 5 |
Cherry Tree Gardens, Lawley Village, Shropshire |
Persimmon Homes |
4.4 |
Find out how current developments score when you search here for your new home.
Keep an eye out too for our upcoming stories and features about Location Ratings.
Find out more about our other Location Ratings core topics:
Working with data experts CLSQ, we assess the latest information from highly respected sources to give every current new homes development we list a rating under five core topics Health & Wellbeing, Transport Links, Tech connectivity, Finance and Education & Amenities.
CLSQ provide trusted data, technology and data-led insurance services which empower automation and decision-with-certainty for the UK property sector. We combine the certainty of data and process with the unique security provided by our de-risking solutions and insurance."
Location Ratings Disclaimer:
The WhatHouse? Location Ratings are powered by our trusted partner, CLSQ.com, a leading property data, technology and data-led insurance provider who have collaborated with WhatHouse.com on analysing more than 50 geospatial attributes for every new build location. We endeavour to ensure the geospatial data is the most current and accurate information available.
However, WhatHouse? Digital Ltd does not make any representation, warranties of any kind (express or implied) or guarantee the accuracy, adequacy, suitability or completeness of any information, merchantability or its fitness for a particular purpose. Any reliance you place on such information is, therefore, strictly at your own risk and WhatHouse? Digital Ltd is not responsible for any errors or omissions or for the results obtained from your use of such information.
For more details on how we produce our rating data pleaseÂ
click here.