Article ZEB2 Homeowners count the cost as floods force prices to plummet

Homeowners count the cost as floods force prices to plummet

by
Miles Brignall and Rupert Jones
from Environment | The Guardian on (#ZEB2)
As anger over the state of flood defences grows, some fear their houses will be unsellable

People trying to sell their properties in flood-hit parts of north-west England have begun dramatically dropping their prices amid fears that houses in some roads have become virtually unsellable.

Large homes in and around the Warwick Road area of Carlisle, which in December 2015 experienced its second major flooding episode in a decade, have started to appear on the market for only 60% of their November values - leaving some people wondering whether they will ever be able to move house.

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