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There is a solid and steady increase in property values in areas in and near Suffolk, England. Experts agree growth will continue for at least the following year. We will go over some key reasons why purchasing property in this area is wise. But, first, let us share more about the area’s lifestyle.
Technology trend
Suffolk, England is an area that is advanced in technology. In a global economy where online access is king, Suffolk is a leader. People who live in this thriving city enjoy shopping, working, and playing online. There are more than 33 million accounts in the region for online gaming and sports. Click here to compare the world’s best lottery jackpots. You will soon discover why industry leaders like Lottoland are so popular.
Lottoland is an industry leader in the field of online lotteries. They have more than 10 million customers and offer lotteries in more than 30 countries. Lottoland’s headquarters is in Gibraltar. Gibraltar is where most leaders of online casinos are located. Lottoland is licensed through the HM Government of Gibraltar, the UK Gambling Commission, and several other regulatory companies internationally. They are fully insured and offer the most substantial lotteries in the world. With Lottoland, you are betting on the results of national lotteries, so you can wager on your favorite lotteries even if they are in the United States, Ireland, India, and many other places. Lottery wagering online is a popular pastime in the Suffolk region. Some of the largest lottery wins globally are from this area.
There are many employment opportunities in various fields of technology. People from all over the country look to Suffolk for career opportunities. With many corporations hiring in various positions, digital opportunities, and telecommuting opportunities, anyone with a background in technology can find acceptable and advancing employment. Employment trends include media technology, esports, and other forms of modern entertainment.
Photo credit: Niklas Weiss
Housing Market
Property values in the coastal towns have seen a steady growth over the past eight months. The housing market currently shows a 16% increase which is the highest increase in the past 15 years. This is in spite of the challenging economy in the UK and in most parts of the world.
Buyer demand remains firm. Experts expect the trend to continue for at least the next 12-months. In January of 2022, there was an 11% increase in property sales. It is estimated that one in twenty privately owned properties changed hands in the past year. Even with limited quantities of properties on the market, the rise has been continual. Some of the best neighborhoods in the area include:
- Coddenham
- Cavendish
- Kersey
- Bury St Edmunds
- Long Melford
- Woodbridge
- East Bergholt
- Shottisham
The average price of homes begin at around £272,359 and go up to around £442,776.
Suffolk fames
Suffolk, England is famous for the variety of landscapes including beautiful seashores, crumbling cliffs, rolling hills, farmland, and historical sites. The town is dotted with lovely holiday resorts. Suffolk has always been an agricultural mecca.
Suffolk is famous for racing stables. Suffolk is home to more than 3,500 race horses. One in three jobs are race-horse related. Suffolk has some of the most extensive and prestigious horse training grounds in the world.
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Fine dining
You cannot talk about Suffolk and not speak of fine dining. There are no less than 14 Michelin Star restaurants in the Suffolk area. Enjoy foods with a flare of the Middle East and Mediterranean at the famous Pea Porridge. Dine on the 2018 award-winning plancha grilled octopus with nduja at The Unruly Pig. Other choices include:
- The Packhorse Inn – Modern Cuisine
- Tuddenham Mill – Modern Cuisine
- The Brewers – Modern Cuisine
- 1921 Angel Hill – Modern Cuisine
- Leaping Hare – Modern British
- Turks Head – Modern British
- Westleton Crown – Modern British
- The Great House – Classic French Cuisine
- Maison Bleue – French Cuisine
- Watson & Walpole – Italian Cuisine
- Anchor – Traditional Cuisine
- Lighthouse – Traditional Cuisine
There are many other wonderful restaurants in the area. No matter what your tastes, you will find a lovely place to dine.
Other trends of the area
Suffolk is a hotbed of historical museums. There are so many museums, we cannot feature them all. You can visit museums that feature the area back to the 14th century. There are museums on virtually every topic you can imagine. The area is often featured for arts and music. If you are looking for more modern activities, you will find lively pubs, bars, and venues.
Conclusion
You now have a true picture of what Suffolk has to offer. It is easy to see why the area is continually growing and yet holding onto its unique history. In Suffolk you can embrace everything the modern world has to offer, while discovering how the area was formed and developed. Life here is more than a place to live. It is everything to everyone. Suffolk is an experience everyone should allow themselves at least for a time. Travel there for a holiday and you may find a place that you want to call home.