EXCLUSIVE Best and worst places to downsize. Experts crunch the data to reveal secret spots with big, cheap houses and great healthcare, gorgeous countryside and low crime - and the ones you'd be mad to move to By Fred Redwood Updated: 12:02 BST, 20 September 2024 e-mail 4 View comments Downsizing makes sense. After all, most people need to free up a little extra cash after they stop working and the kids have flown the nest.
According to Jackson Stops estate agents, downsizers can, on average, free up £209,000 of equity. That doesn’t take into account the cost of moving which Halifax claims is £12,000 – but it is still a significant sum. But where in the country to downsize? Obviously, the exact amount of equity released by moving to a smaller house varies from place to place – as does what each town, village or city can offer.
So we’ve spoken to estate agents and property experts and analysed the price difference between properties of varying sizes, travel time to amenities and health care, the proximity of the countryside and crime figures to come up with the best and worst places for downsizers in the country. East Lindsey, Lincolnshire This Victorian Victorian end-of-terrace property in Louth is listed for just £160,000 The house boasts two attractive en suite bedrooms as well as a kitchen-diner and gardens Perched near the east coast of England, East Lindsey, one of seven districts in Lincolnshire, has always been an anonymous part of Britain, passing under th.