UK Mortgages Direct - 0870 4130 345

Research by a leading lender has revealed that over 65% Market towns have a higher average house price than the neighbouring towns and cities in the county.

Market towns in Buckinghamshire have the largest premium with homes trading at a premium of 144% to the average house price in the county.

Next up is Bakewell, where house prices trade at a premium of nearly 100%, Derbyshire county average and Southwell where prices are 93% above the Nottinghamshire average.

Fifteen or more other market towns trade at more than 50% to the average house price in their county and nine of these are outside the south of England. Three are in the North West, all in Lancashire; three in the North, two in East Midlands and one in Yorkshire.

There are over 75 market towns in England where the average house price was above £200,000 in March this year, Forty six of these towns are in southern England. The remaining 40% are across the Midlands and northern England.

Most market towns have higher house prices than other towns in their county. They have also seen stronger growth than the English average over the past five years.”