{"id":1593,"date":"2022-08-12T14:49:50","date_gmt":"2022-08-12T12:49:50","guid":{"rendered":"https:\/\/pfadvisors.co.uk\/?p=1593"},"modified":"2024-04-23T12:05:46","modified_gmt":"2024-04-23T10:05:46","slug":"could-platinum-jubilee-cities-see-house-price-spike","status":"publish","type":"post","link":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/","title":{"rendered":"Could Platinum Jubilee cities see house price spike?"},"content":{"rendered":"

For the Queen\u2019s Platinum Jubilee, eight towns including Colchester and Doncaster in England, Dunfermline in Scotland, and Bangor in Northern Ireland, were awarded city status. A prestigious achievement indeed \u2013 and historic data suggests that homeowners in these new Platinum Jubilee cities could see a welcome boost to the value of their homes. This is according to research1 <\/sup>which looked at house prices in towns that were awarded city status as part of the Millennium Competition in 2000, and the Queen\u2019s Golden and Diamond Jubilees in 2002 and 2012.<\/p>\n

For example, house prices in Newport, Wales (which became a city as part of the Golden Jubilee celebrations in 2002) soared by 29% in the year that followed.<\/p>\n

A Platinum premium <\/strong><\/p>\n

Overall, being awarded city status has led to an average \u00a012% boost to house prices the year after, in the nine towns \u00a0that became cities in 2000, 2002 and 2012. For Milton Keynes residents, with a current average house price \u00a0of \u00a3315,000, this could mean a boost of nearly \u00a337,000 to the value of their home!<\/p>\n

    \n
  1. Boomin, 2022<\/li>\n<\/ol>\n

    \ud83d\udea8Think carefully before securing debts against your home.\u00a0 Your home may be repossessed if you do not keep up repayments on your mortgage.<\/p>\n

    \ud83d\udea8 Data accurate as of the date of publication \u2013 12.08.2022.<\/p>\n

    \ud83d\udea8 The above material is for informational purposes only and does not constitute a sales offer or financial advice. Before taking out any insurance, credit agreement or other financial product, you should obtain individual advice on your requirements and the general terms of the contract.<\/p>\n

     <\/p>\n

    Source: Quilter Financial Planning \u2013 Essentially Mortgages Q3 2022<\/p>\n","protected":false},"excerpt":{"rendered":"

    For the Queen\u2019s Platinum Jubilee, eight towns including Colchester and Doncaster in England, Dunfermline in Scotland, and Bangor in Northern Ireland, were awarded city status. A prestigious achievement indeed \u2013 and historic data suggests that homeowners in these new Platinum Jubilee cities could see a welcome boost to the value of their homes. This is […]<\/p>\n","protected":false},"author":3,"featured_media":1545,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-1593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"\nCould Platinum Jubilee cities see house price spike? - Prestige Financial Advisers<\/title>\n<meta name=\"description\" content=\"New cities with City Status. How will this affect the property prices? \u27a4 Get the professional opinion and information \u27a4 Read our article and find out more!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Could Platinum Jubilee cities see house price spike? - Prestige Financial Advisers\" \/>\n<meta property=\"og:description\" content=\"New cities with City Status. How will this affect the property prices? \u27a4 Get the professional opinion and information \u27a4 Read our article and find out more!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/\" \/>\n<meta property=\"og:site_name\" content=\"Prestige Financial Advisers\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-12T12:49:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-23T10:05:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2022\/08\/9.-Platinum-Jubilee-cities.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Prestige-FA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Prestige-FA\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Could Platinum Jubilee cities see house price spike? - Prestige Financial Advisers","description":"New cities with City Status. How will this affect the property prices? \u27a4 Get the professional opinion and information \u27a4 Read our article and find out more!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/","og_locale":"en_US","og_type":"article","og_title":"Could Platinum Jubilee cities see house price spike? - Prestige Financial Advisers","og_description":"New cities with City Status. How will this affect the property prices? \u27a4 Get the professional opinion and information \u27a4 Read our article and find out more!","og_url":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/","og_site_name":"Prestige Financial Advisers","article_published_time":"2022-08-12T12:49:50+00:00","article_modified_time":"2024-04-23T10:05:46+00:00","og_image":[{"width":940,"height":788,"url":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2022\/08\/9.-Platinum-Jubilee-cities.jpg","type":"image\/jpeg"}],"author":"Prestige-FA","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Prestige-FA","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/#article","isPartOf":{"@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/"},"author":{"name":"Prestige-FA","@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e"},"headline":"Could Platinum Jubilee cities see house price spike?","datePublished":"2022-08-12T12:49:50+00:00","dateModified":"2024-04-23T10:05:46+00:00","mainEntityOfPage":{"@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/"},"wordCount":258,"image":{"@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/#primaryimage"},"thumbnailUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2022\/08\/9.-Platinum-Jubilee-cities.jpg","articleSection":["Archive - Articles from 12 months ago"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/","url":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/","name":"Could Platinum Jubilee cities see house price spike? - Prestige Financial Advisers","isPartOf":{"@id":"https:\/\/pfadvisors.co.uk\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/#primaryimage"},"image":{"@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/#primaryimage"},"thumbnailUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2022\/08\/9.-Platinum-Jubilee-cities.jpg","datePublished":"2022-08-12T12:49:50+00:00","dateModified":"2024-04-23T10:05:46+00:00","author":{"@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e"},"description":"New cities with City Status. How will this affect the property prices? \u27a4 Get the professional opinion and information \u27a4 Read our article and find out more!","breadcrumb":{"@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/#primaryimage","url":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2022\/08\/9.-Platinum-Jubilee-cities.jpg","contentUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2022\/08\/9.-Platinum-Jubilee-cities.jpg","width":940,"height":788,"caption":"Og\u00f3lnie rzecz bior\u0105c, przyznanie statusu miasta City doprowadzi\u0142o do \u015bredniego 12% wzrostu cen dom\u00f3w rok p\u00f3\u017aniej, w dziewi\u0119ciu miastach, kt\u00f3re otrzyma\u0142y ten tytu\u0142"},{"@type":"BreadcrumbList","@id":"https:\/\/pfadvisors.co.uk\/en\/could-platinum-jubilee-cities-see-house-price-spike\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pfadvisors.co.uk\/en\/"},{"@type":"ListItem","position":2,"name":"Archive - Articles from 12 months ago","item":"https:\/\/pfadvisors.co.uk\/en\/kategoria\/archive\/"},{"@type":"ListItem","position":3,"name":"Could Platinum Jubilee cities see house price spike?"}]},{"@type":"WebSite","@id":"https:\/\/pfadvisors.co.uk\/en\/#website","url":"https:\/\/pfadvisors.co.uk\/en\/","name":"Prestige Financial Advisers","description":"Polska firma doradztwa ubezpieczeniowego w UK","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pfadvisors.co.uk\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e","name":"Prestige-FA","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","caption":"Prestige-FA"}}]}},"_links":{"self":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/1593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/comments?post=1593"}],"version-history":[{"count":2,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/1593\/revisions"}],"predecessor-version":[{"id":1728,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/1593\/revisions\/1728"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/media\/1545"}],"wp:attachment":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/media?parent=1593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/categories?post=1593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/tags?post=1593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}