SOUTHEND - 4
Mikkie - Cityjet (currently owned by Air France) have taken up the LCY-Dresden route. OLT have dropped all flights to the UK. OLT are retrenching big time - they have also dropped a number of other destinations recently. The chance of OLT opening a new route at Southend is nil.
Don't want to re-open the housing debate, but Stobart's are claiming it in the local Carlisle press...
News & Star | News | Carlisle airport revamp will boost house prices
Mr Tinkler said: “The fact that house prices in Southend have strengthened more than any other town in the UK is testament to the social and economic benefits a regional airport can bring to an area"
Join Date: Jul 2007
Location: UK
Posts: 410
Likes: 0
Received 0 Likes
on
0 Posts
Again: Any economic benefit is going to be confined to work caused by the airport..
There IMO is no other sound reason why an airport should be the reason for a large increase in house prices..Also smaller airports tend to be more seasonable that the larger airports, just can't see SEN generating a 15% rise in the Southend housing market.
It has been mentioned that Southend as a resort has improved (see earlier in the thread), that is more likely to drive house prices higher, IMO.
There IMO is no other sound reason why an airport should be the reason for a large increase in house prices..Also smaller airports tend to be more seasonable that the larger airports, just can't see SEN generating a 15% rise in the Southend housing market.
It has been mentioned that Southend as a resort has improved (see earlier in the thread), that is more likely to drive house prices higher, IMO.
Join Date: Jun 2009
Location: UK
Posts: 546
Likes: 0
Received 0 Likes
on
0 Posts
Economic benefits
The increase in employment directly attributable to the airport expansion will have a knock on effect on demand for rental properties in the immediate vicinity to the airport. This will not affect housing prices in the whole of the Southend area.
The economic benefit to Southend as a town derives from this increased employment and not from an increase in tourism as a result of the airport expansion. Most inbound foreign pax are destined for London and see Southend as a cheap uncongensted alternative to the other established ports of entry.
Typically the vast majority of new jobs created at an airport will be low paid shift workers (cleaners/retail workers/security/baggage handling). This stimulates demand for rental properties at the lower end of the housing market.
However there must be a reason for the house price increase. Other economic factors for Southend such as turnover per square foot of retail property are down so the message is at best mixed. The council do seem to have spent a lot of money of improving the sea front aspect which coupled with a spate of high end sea front developments being released on to the market may have skewed the housing statistics upwards.
Due to the huge increase in jobs created the airport expansion can be seen as good for Southend but I doubt the airport had anything to do with the housng price increases.
The economic benefit to Southend as a town derives from this increased employment and not from an increase in tourism as a result of the airport expansion. Most inbound foreign pax are destined for London and see Southend as a cheap uncongensted alternative to the other established ports of entry.
Typically the vast majority of new jobs created at an airport will be low paid shift workers (cleaners/retail workers/security/baggage handling). This stimulates demand for rental properties at the lower end of the housing market.
However there must be a reason for the house price increase. Other economic factors for Southend such as turnover per square foot of retail property are down so the message is at best mixed. The council do seem to have spent a lot of money of improving the sea front aspect which coupled with a spate of high end sea front developments being released on to the market may have skewed the housing statistics upwards.
Due to the huge increase in jobs created the airport expansion can be seen as good for Southend but I doubt the airport had anything to do with the housng price increases.
Join Date: Dec 2011
Location: Middlesex (under the flightpath)
Posts: 1,946
Likes: 0
Received 0 Likes
on
0 Posts
Quote: "Don't want to re-open the housing debate, but Stobart's are claiming it in the local Carlisle press..."
Wonder what LHR expansion will do for the value of my house.........
Wonder what LHR expansion will do for the value of my house.........
Join Date: Jul 2012
Location: dublin
Age: 64
Posts: 394
Likes: 0
Received 0 Likes
on
0 Posts
House prices
Me too can't wait for the upturn as Dublin Airport grew this year , but my house price went down.... again
Maybe airport expansion has nothing to do with my house price ?
I can only hope....
Maybe airport expansion has nothing to do with my house price ?
I can only hope....
Join Date: Sep 2007
Location: Essex
Posts: 1,109
Likes: 0
Received 0 Likes
on
0 Posts
London Southend Airport rated highest in Europe by easyJet’s passengers
Join Date: Jun 2009
Location: UK
Posts: 546
Likes: 0
Received 0 Likes
on
0 Posts
Broken link?
Barling, can't see that your link sends me to a news story - rather a promotional piece written by SEN management? Can you cut and paste the story?
I did read that SEN are offering FREE parking for a £1. I always thought free was zero, nada, zilch, nil pounds, not £1 but then I suppose that is inflation for you!
I did read that SEN are offering FREE parking for a £1. I always thought free was zero, nada, zilch, nil pounds, not £1 but then I suppose that is inflation for you!
Early morning / Late evening
Regular readers of this thread will recall the appearance of a post every now and then about the lack of transport options to/from London and Stratford for early morning departures or late night arrivals.
Last thing I heard from the airport was a bland email saying "we're thinking about it" and a verbal conversation saying "we're trying really hard but nothing has happened yet"
Apart from a "Please Fat Controller, will you run some trains for us ? - Sorry, Thomas is bad tempered very early in the morning" dialogue, has anything actually come of these attempts ?
Has SEN given up even on the idea of getting a firm to run a couple of minibuses to meet the first and last flights ?
Last thing I heard from the airport was a bland email saying "we're thinking about it" and a verbal conversation saying "we're trying really hard but nothing has happened yet"
Apart from a "Please Fat Controller, will you run some trains for us ? - Sorry, Thomas is bad tempered very early in the morning" dialogue, has anything actually come of these attempts ?
Has SEN given up even on the idea of getting a firm to run a couple of minibuses to meet the first and last flights ?