14 Apr

Buyers still demand rural properties

Buyers still demand rural properties

Many buyers are still keen to live within some of the most attractive and rural areas of the UK.

Research from real estate company Savills discovered properties located close to national parks and Areas of Outstanding Natural Beauty (AONB).

The average sale price for a detached house within such areas is £450,000, compared to £347,000 for properties not in these locations.

"Although we believe the trend for urban living will continue for at least the medium term, villages and rural countryside now represent good value in comparison to larger towns, and an overall good buy opportunity," concluded the report from Savills.

The strongest area for growth has been the Surrey Hills, where average prices in 2015 stood at £963,000 - 84.2 per cent higher than the rest of England.

Other popular areas included the South Downs with an average selling price of £721,000 - 57.6 per cent higher than the national average and the Cotsworlds which saw average sale prices 47 per cent higher.

Up and coming rural locations in Cranborne Chase and West Wiltshire Downs have also seen a rise in demand over the past year, with an average sale price of £507,000 - up 26.5 per cent more than the rest of the area and showing a growth of more than ten per cent over the past five years.ADNFCR-1222-ID-801816544-ADNFCR

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