Market towns have highest price growth
Published On 3 November 2006
Market towns have the highest price growth when compared to neighbouring towns in the county, according to new research.The Annual Halifax Market Town Review tracks property price movements in 111 market towns across England and has discovered that 73 per cent of market towns have higher average house prices than neighbouring towns in their county.
On top of this, 70 per cent of market towns have seen stronger house price growth than the English average over the last five years.
Key findings from the survey include the fact that 30 market towns in England have an average house price in excess of £250,000. The most expensive was Beaconsfield in Buckinghamshire with the average house price standing at £574,211.
Interestingly, 77 market towns have an average house price above that of the average house price in their region.
Colin Kemp, Halifax Estate Agents spokesman, said: "Home buyers continue to be attracted to the high quality of life offered by market towns and are prepared to pay a premium to live there.
"Most market towns have higher house price than other towns in their county and the majority have also seen stringer house price growth than the English average over the past five years."
