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Bristol Post
Bristol Post
National
Yvonne Deeney

Fears gentrification in St Pauls and rise in house prices is 'killing' culture

The UK housing market has transformed since the 1970s when Sui’s dad bought a four-bedroom house on Ashley Road. “My dad bought this house for £900 in 1970,” explains Sui who said that his father could just about afford to own his own home while working as a bus driver at the time.

Sui has seen many changes in St Pauls over the years and the change in house prices is definitely one of them. Properties in St Pauls are now being sold for £500,000, marketed by estate agents as an investment.

One house currently on the market in Sussex Place is said to have an earning potential of £54,000 a year for any potential buy-to-let landlord. Meanwhile the community in St Pauls is coming together with the hope that it can influence the decisions made by developers looking to cash in on the neighbourhood just metres away from Cabot Circus.

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