Homes cost more in market towns
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.