Beaconsfield most expensive market town

Published on

England’s smaller market towns command a £30,000 price premium for those wanting to live there, according to analysis by Lloyds TSB.

House prices in market towns are, on average, £29,319 (or 14%) higher than their county average. The average house price in market towns, at £231,163, is 7.1 times average gross annual earnings.

More than two-thirds of market towns have higher house prices than neighbouring towns 69% of market towns have a higher average house price than their county average. Beaconsfield is the most expensive English market town with an average house price of £736,585. Eighteen other market towns have an average house price exceeding £300,000. Wetherby has the next highest premium with prices 99% above the West Yorkshire average.

Ferryhill in Durham is the least expensive market town in England with an average house price of £98,799 in August 2010. Ferryhill is also the only town in the survey with an average house price below £100,000.

Only 10 market towns have an average house price below £150,000. Three out of the ten most inexpensive market towns are in County Durham.

All 10 of the most expensive market towns in England are in the south.

This survey tracks house price movements in 111 market towns in England. The market towns surveyed are those identified by the Campaign to Protect Rural England (CPRE) and all have a population of between 3,000 and 30,000. The review is based on data from the Land Registry.

Martin Ellis at Lloyds TSB, said: “Homes in market towns command a significant premium over their neighbouring towns with the quality of life benefits often associated with living in such locations still proving popular among homebuyers. Market towns are often particularly attractive for those looking to move into more idyllic surroundings without sacrificing many of the important amenities they currently enjoy.”””

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Revived Help to Buy would inflate prices: Lamdin

Restoring Help to Buy would strengthen developers’ sales without solving the underlying affordability crisis...

One in three workers financially fragile despite being employed

More than a third of UK employees remain financially fragile despite being in work,...

Nationwide cuts fixed mortgage rates by up to 0.15%

Nationwide Building Society is reducing selected fixed mortgage rates by up to 0.15 percentage...

L&G appoints Kerrigan to drive Ignite broker rollout

Legal & General has appointed Craig Kerrigan as broker relationship manager for its Ignite...

Iress UK lifts underlying earnings as costs fall

Iress UK increased underlying adjusted earnings by 43% in the first half of 2026...

Latest publication

Other news

Revived Help to Buy would inflate prices: Lamdin

Restoring Help to Buy would strengthen developers’ sales without solving the underlying affordability crisis...

One in three workers financially fragile despite being employed

More than a third of UK employees remain financially fragile despite being in work,...

Nationwide cuts fixed mortgage rates by up to 0.15%

Nationwide Building Society is reducing selected fixed mortgage rates by up to 0.15 percentage...