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Do you know your own flood risk??

18 replies

essbee · 04/09/2005 02:12

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essbee · 04/09/2005 02:13

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happymerryberries · 04/09/2005 08:51

None whatsoever

I must show this to dd who has been worried about this for ages. I keep telling her that we live at the top of a hill, but she doesn't listen to me!

Worrying for people in the area tho

gingerbear · 04/09/2005 09:02

We are very close to a river. Many companies will not insure us.

essbee · 04/09/2005 20:06

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nikkie · 04/09/2005 20:31

check with insurance co.s as you may pay a lot and they may not cover you at all.
I wouldn't risk anything they wouldn't cover afterr the last couple of years more and more floods happening.

nikkie · 04/09/2005 20:36

I live on an island and my house is one of the only places on the island not under high risk, not sure whether to be pleased or not as I wouldn't be able to get anywhere!

galaxy · 04/09/2005 20:54

We are next to a Water Meadow which was classified as low risk when we bought the house and is now Red High risk. House insurance went up by £20 per month this year and can't get insured elsewhere. It has flooded once in the last 100 years.

QueenOfQuotes · 04/09/2005 21:16

My old house was apparently high risk.......despite the fact we lived at the top of hill - with the nearest river the other side of town

mommie · 06/09/2005 14:51

Hi essbee; We have just pulled out of a house sale because of this (i checked postcode on environment agency flood map and it was significant risk). Although area in London has never flooded cos nearby river is v v shallow, i found out that the long term value of the property was at risk. if it did ever flood, the value could diminish by up to 80 per cent. i rang axa direct, and they said that none of the insurance companies they deal with would insure the property (all the big names) if it was within 500 metres of a river. however, if we were already a customer (my dp is), they would continue to insure you. no guarantee as to future costs of insurance however.
it's not just a flood problem either. where there are rivers there is often a lot of underground water, and a general damp problem (we got a quote on the property for dealing with the damp and it was £1,600). Flood risk rings alarm bells with me now, however if you are in a sought after area, there are always people who will buy your place. My friend's mother's house in Lewes was flooded and she had to knock £60,000 off price of property, but still sold it cos people want to live there.

RachD · 06/09/2005 15:08

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kama · 06/09/2005 15:20

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mommie · 06/09/2005 15:23

i found this in Guardian and it made me think twice

money.guardian.co.uk/insurance_/home/story/0,1456,1321515,00.html

mommie · 06/09/2005 15:29

sorry if that Guardian newspaper link doesn't work.
for anyone interested, it says this....

New flood maps pinpoint risk areas

Access to data allows homeowners to assess property's vulnerability but could lead to falls in house prices and higher insurance premiums

Paul Brown, environment correspondent
Thursday October 7, 2004
The Guardian

New maps of flood risks across the country which could cause a 15% drop in house values in vulnerable areas and large increases in insurance premiums, will be available for the first time today.
House owners will be able to find out whether their homes are at low, moderate, or high risk of flooding by pinpointing them on an internet map on the Environment Agency site.

For many the maps will be good news because new, more sophisticated techniques mean the information is no longer based just on postcodes. As a result 100,000 homes have been moved out of the at-risk zone - although there are still 1.8m homes in the one-in-100-year risk of a flood area.

It is those in the higher risk area, a one-in-75-year chance, who will find themselves having to negotiate for flood insurance and may face a drop in value of their house.

mommie · 06/09/2005 15:35

homecheck.co.uk - also very useful site. put yr postcode in for free and it tells you everything you need to know. it's brilliant.

QueenOfQuotes · 06/09/2005 15:40

lol it says I'm in a high risk flood area too

(still living on a hill) and a history of industrial use.......well there did used to be a shoe factory at the top of the road

QueenOfQuotes · 06/09/2005 15:43

ooo and that website doesn't 'recognise' DS1's school either!

Upmystreet doesn't show it up as the closest school too!

It does exist honestly - I picked DS1 up 45 minutes ago from it LOL.

LIZS · 06/09/2005 15:46

We're ok but there are areas of our town which aren't and there are definitely proposals to build 2000 homes on the flood plain over the next 10 years which have been hotly debated for years.

Lucycat · 12/10/2005 13:26

Just been listening to Jeremy Vine about flood risks so thought I'd check us - not surprisingly we are low risk as we live at the top of a hill with views over Cheshire! But thought I'd bump again - have any mn'ers been affected in the last 24 hours?

the link again!

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