Let­ting the train take price strain

Yorkshire Post - Property - - PROPERTY -

RAIL com­muters to Lon­don are ben­e­fit­ing from house prices that are 60 per cent lower by catch­ing the train rather than liv­ing close to their place of work, ac­cord­ing to re­search by Halifax.

House prices an hour out­side of Lon­don are on av­er­age £375,000 (60 per cent) lower than in the cen­tre of the city. The av­er­age house price in Leeds is £165,100, but prices in com­muter towns 15 min­utes away, such as Wake­field and Dews­bury, are on av­er­age £16,000 lower.

Prices in some towns that are 30 min­utes away from Leeds, such as Selby and Hud­der­s­field, have a smaller price dis­count, av­er­ag­ing £5,000 be­low those in Leeds. Com­muters say qual­ity of life and bet­ter schools also af­fect their de­ci­sion to travel.

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