House prices in Essex and Suffolk could see dramatic increases in the next few years as demand for housing increases around the proposed construction sites of Bradwell B in Essex, and Sizewell C nuclear power station in Suffolk. But the picture isn’t as simple as it first seems, with a short-term and long-term impact on house prices in the vicinity of the completed power stations. Robert Burdett, MD at James Leigh Property Management said: “With construction set to begin in the next five years or so, pressure on housing stocks will increase as the construction phase nears. Workers at all levels will need to move into the area. That means that house prices are likely to rise close to the construction sites, at least in the short term, as sellers are able to command higher prices.
Show House 5th Oct 2021 read more »