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Estate agents fear nuclear dump effect on Marsh housing market

By Folkestone Herald  |  Posted: July 24, 2012

  • difficult: Estate agents fear a nuclear waste burial site would put people off buying houses in the area

  • concerned: Andrew Neal

  • Phil Medgett. First public exhibition about plans for a nuclear dump on the Romney Marsh.

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BUILDING a burial centre for radioactive waste on the Marsh could devastate the local housing market, local estate agents have warned.

Fears have been raised that if the Marsh was to host a £12 billion facility storing nuclear waste from across the UK, house prices would crash and residents would struggle to sell their homes because fewer people would want to move here.

Agents told the Herald this week that having Dungeness A and B power stations in the area does little damage to local property prices and does not significantly put off prospective buyers.

But they said a potential nuclear waste "dump" with a surface area the same size as the Channel Tunnel site in Folkestone could have a much bigger impact.

Andrew Neal, of Andrew & Co in New Romney, said: "It's hard enough attracting people to the area and this could be pretty detrimental.

"We could see people not wanting to buy here. Personally, I'd be put off, so in that respect it wouldn't be good for the local housing market."

David Bateman, who runs Bateman's on Lydd High Street, said that in his experience neither the power stations or Lydd Airport had had a negative impact on house prices or demand, but the burial centre had the potential to cause problems.

He said: "I've sold houses down at Dungeness right next to the power station and people didn't mind, they just wanted to be in the area.

"Lots also think the airport could improve the area and provide jobs, and I've not had a single person put off because of it in my 13 years here.

"The waste centre could be different. It's difficult to say because if it happened it would be many years in the future, but if it was on the doorstep it would be detrimental to some."

WHAT do you think? E-mail your views to mike.sims@ KRNmedia.co.uk or write to the address on page 2.

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