Britons buying popular type of house may have to pay up to 122 per cent more than the average
There's a new demand for specific areas as 'buyers have reevaluated their priorities'
GETTY IMAGES
Britons looking to purchase a home will find that a specific type of location could set them back a lot more than they bargained for.
Property firm Savills found that the average price of a property sitting within the boundaries of a National Park is £422,225, compared with a county average of £279,171. This means that buyers pay a premium of 51 per cent.
In some areas, the premium is even more extortionate. Chichester Harbour was found to command a particularly high house price premium of 122.1 per cent. The average house price in Chichester Harbour was put at £983,389, compared with an average of £442,857 in the wider area.
Director of research at Savills Frances McDonald said: "Over the last few years, as buyers have reevaluated their priorities, we have seen a surge in interest in living amongst greenery or nearby access to green space."
The demand for homes in green spaces will not come cheap though. Buying a property within a National Landscape (formerly Area of Outstanding Natural Beauty) will set you back £581,121 on average, whereas a home in the wider area is around £392,182. This means that buyers face an average premium of 48 per cent.
The average house price in Chichester Harbour was put at £983,389, compared with an average of £442,857 in the wider area
GETTY IMAGES
A property in a National Scenic Area typically goes for £285,175, while the average price in its wider location is £195,529.
Britons buying in a National Scenic Area can expect to fork out a premium of 46.
Homes in the Gower National Landscape in Wales had a high premium of 121.8 per cent.
In the Gower National Landscape, the average house price was found to be £441,585, compared with a county average of £199,110.
Percentage premium to live in green spaces
National Park
Average selling prices of homes in green spaces: £422,225
Average selling prices of homes in the wider location: £279,171
Percentage premium to live in green spaces: 51 per cent
National Landscape
Average selling prices of homes in green spaces: £581,121
Average selling prices of homes in the wider location: £392,182
Percentage premium to live in green spaces: 48 per cent
National Scenic Area
Average selling prices of homes in green spaces: £285,175
Average selling prices of homes in the wider location: £195,529
Percentage premium to live in green spaces: 46 per cent
On average, properties in the New Forest, Lake District National Park and Loch Lomond National Scenic Area were found to be more than double the price of properties in their wider areas.
The average property price in the New Forest is £800,053, over £400,000 more than those in the wider area (around £390,091).
LATEST DEVELOPMENTS
The average house price in the Gower National Landscape was found to be £441,585, compared with a county average of £199,110
GETTY IMAGES
Homes in the Lake District National Park command an average price of £455,711, compared with £223,677 in its surrounding location.
Buyers in the Loch Lomond National Scenic Area can expect to fork out around £404,637, compared with £188,744 in the wider area.
In other property news, Britons looking to sell and buy were told the UK regions where house prices have jumped most in five years. Is your area on the list?
For Britons looking to sell, there are many ways to boost your property's value - and they don't have to cost a fortune. Britons can increase their property's value with a paint hack that "makes your home stand out from the crowd".
You may like
