Estate Agents In York

Wednesday, July 31, 2019

Does a local Lidl really bring down house prices?

Houses near a Waitrose are worth 12% more than average – and now three of its supermarkets have been sold to Lidl. But the discounter’s arrival might not be all bad news …

Waitrose has sold off three of its supermarkets to Lidl, sparking a wave of middle-class outrage. It’s not just concern about access to venison meatballs or pistachio ice-cream – residents of Bromley in London, Oadby in Leicestershire and Wollaton in Nottinghamshire apparently fear their house prices could take a dive.

Kal Kandola, 49, told the Telegraph: “We are regulars at Waitrose and not very happy about this at all. I have houses in Wollaton that I rent out. The issue of house prices is a concern as Wollaton is an affluent area.”

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