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Wednesday, 14 August, 2002, 11:26 GMT 12:26 UK
Sheffield high in wealth poll
Sheffield University
Many people in Hallam work at Sheffield University
A Sheffield suburb has been named as the wealthiest place in England outside London and the south east.

A survey by Barclays has found that nearly 8% of people in the Sheffield Hallam constituency earn more than 60,000 a year.

This puts it in 17th place in the top 20 of most affluent places ahead of traditionally wealthy areas such as Twickenham and Windsor.

The only other district outside the south east in the top 20 is the Tatton constituency in Cheshire.

The 10 most affluent areas
Kensington & Chelsea
Beaconsfield
Richmond Park
London and Westminster
Maidenhead
Hampstead & Highgate
SW Surrey
Esher & Walton
NE Hampshire
Mole Valley

Gordon Rankin of Barclays said: "It may surprise some people that a suburb of Sheffield has so many high income earners.

"However, Sheffield is a big urban centre attracting many professionals and business people."

The local MP Richard Allen said he was not surprised at Hallam's wealth.

"There are two very successful universities in the area and a large number of senior staff live in the constituency. There is also a hospital trust there," said the Liberal Democrat MP.

Good schools

"The area is green, there are good schools and houses and the houses cost a fraction of what they do down south."

Dr Bob Purdy, who moved to the area in 1988 because of the schools, was also not surprised by the ranking.

The GP, who has three children, said: "I like Hallam because it is very leafy and there are lots of solid, Victorian family houses. People are attracted by the moors and beautiful countryside located so close by.

"The area is a bit of a middle-class academic ghetto, most people from the universities live here."

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 ON THIS STORY
The BBC's Kevin Bocquet
"According to local people they say the wealth is based on old money from the hey day of the steel industry"

Click here for more from South Yorkshire
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07 Mar 02 | Business
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