Properties in UK national parks command 24% premium, study finds
Summary
People who buy homes inside UK national parks pay about 24% more than for similar homes outside the parks. This is because there is limited new housing in these protected countryside areas, which keeps prices high.Key Facts
- Properties in UK national parks cost on average 24% more than similar homes elsewhere.
- Homes within three miles of a national park cost about 6% more.
- The New Forest is the most expensive national park to live in, with average home prices of £563,000.
- Other pricey parks include South Downs (£485,000) and Peak District (£450,000).
- Properties in national landscapes (areas of outstanding natural beauty) have a 14% price premium.
- Surrey Hills is the most expensive national landscape, with average home prices of £710,000.
- Limited building in national parks helps keep home prices higher.
- Price premiums for homes in these areas have stayed steady compared to data from earlier in 2024.
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.