Bristol is a medieval city located in the South West of England. Bristol is 24 miles east of Cardiff and roughly 100 miles west of London. With an estimated population of 430,000, and an extended urban area that contains an additional 1,000,000 residents, Bristol is England's sixth largest city, and the United Kingdom's eighth most populated city.
In regards to Bristol property, the homes or apartments available to both purchase and rent are priced at roughly 326,000 Euros for a detached unit, 180,000 Euros for a semi-detached unit, 145,000 Euros for a terrace apartment, and 156,000 Euros for a flat.
Bristol homes for sale are usually purchased or looked at by older families that are established through a high-earning career. That being said, the local government of Bristol has established a housing services agency to provide more affordable units to the general populous.
The government program was instituted out of necessity; it was reported that nearly 80% of Bristol's younger families could not afford to purchase a home within the city's limits. These statistics; due to the recent recession, have only gotten worse. Bristol homes for sale are routinely purchased for over one million euros, essentially phasing out those who earn an average or above-average income.
Bristol homes for sale are most expensive in the South West of the city. The average home price in this region is well above one million Euros. Typically the cheapest Bristol property is found on the outskirts of the town, or where development and refurbishing has not reached.
