Homes cost more in mar­ket towns

Yorkshire Post - Property - - PROPERTY -

HOMES in smaller mar­ket towns com­mand a £30,000 price pre­mium, ac­cord­ing to Lloyds TSB.

Bea­cons­field in Buck­ing­hamshire has the largest pre­mium with houses trad­ing at 145 per cent above the av­er­age house price in the county. Wetherby has the next high­est pre­mium, with prices 99 per cent above the West York­shire av­er­age at £311,000.

More than two-thirds of mar­ket towns have higher house prices than neigh­bour­ing towns and 69 per cent of mar­ket towns have a higher av­er­age house price than their county av­er­age.

Martin El­lis, chief econ­o­mist at Lloyds TSB, says the qual­ity of life and idyl­lic sur­round­ings and ac­cess to good ameni­ties are the main at­trac­tion.

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