'Bristol Res' Blog • 28 November 2019
A street in Bristol has been named the best in the UK and Ireland.
St Mark’s Road, in Easton BS5, was one of three streets shortlisted earlier this year by the Academy of Urbanism for the value it placed on diversity and “bringing people together”.
Also shortlisted were Belgrave Road in Leicester and Rye Lane in London.
The judges described St Mark’s Road as “diverse, popular and full of delight” and praised it for its annual grand Iftar meal, which attracts thousands of people.
The Iftar meal is eaten by Muslim families after sunset, and breaks the daytime fasting during Ramadan. The event on the street in Easton was started in 2017, as a direct response to the terror attack in Manchester. Organisers wanted to share their faith and food with the wider community and it has doubled in size each year since then.
The judging criteria for the best street award included how much “local character” the street offered, how enticing and safe it was, and whether it promoted “social cohesion” and was “well managed, inclusive and fair”.
The Academy of Urbanism said St Mark’s Road demonstrated the “power of good urbanism to bring people together” and had “many lessons across the world for multicultural urban street life”. Lead assessor Alistair Barr said it was the “perfect example of community led urbanis. This street is diverse, popular and full of delight,”
Just lettings, just Bristol
There’s been an upbeat assessment of how the private rental sector will fare in the next five years from a leading property consultancy. JLL, in a market forecast up to 2024, says “the lettings market will experience renewed energy and vigour following a slow five years.”
By 2024 JLL expects average rental growth across the UK of 12.0 per cent.
This will be backed up by what the firm calls “fundamental population changes” such as shrinking family size, longer life expectancy and demand for flexible, urban living space all supporting the growth of private renting.
On the sales side JLL cautions that 2020 will remain “subdued” with only a 1.0 per cent growth in average house prices but the firm anticipates better performance once the current political hiatus is over.
JLL’s forecast says that from the end of 2021 the housing market was likely to recover, showing stronger growth of 3.0 to 4.0 per cent from 2022 onwards.
Over the five years, the firm says the average house price will grow by a total of 15 per cent.
“We expect the economic and political backdrop to the housing market will be more robust over the next five years compared to the last five. Some economic and political uncertainty will remain, especially initially” the agency adds.
Just lettings, just Bristol