Property: Britons warned of £35,000 mark up to buy near green spaces

Location plays a huge part in deciding where to settle down and being near some greenery for a gentle stroll or to walk the dog is a priority for many Britons.

However, homes next to open green spaces can cost thousands of pounds more than other properties in the region.

Some 31 of the 50 greenest places in the UK are subject to a huge house price premium compared to the region where they are located, according to data by Quickmove Properties.

In the 50 greenest areas, the average house price sits at £338,357, which is more than £35,000 above the national average of £302,164, the experts revealed.

For sale sign / countryside

The property market has been turbulent in recent years


Some areas have an even greater premium with those living in Elmbridge in Surrey paying the most.

The area – that is 26.4 per cent green space – has an average house price of £730,175. The experts revealed that is 93.6 per cent higher than the average in the south east region.

In the capital, properties in leafy Richmond are 49.1 per cent higher than homes in the wider London area. Luckily, there are some more affordable places to buy if looking for space to get outdoors.

Pendle and Blackburn-with-Darwen, in Lancashire, both have plenty of green space but houses are priced 36.9 per cent and 33.6 per cent below average respectively.

Sales Director at Quickmove Properties Mark O’Dwyer explained: “For dog lovers, the close proximity of somewhere suitable to take their four-legged friends for a healthy walk is as important as any other property feature.

“Of course, purchasing within a particularly green and pleasant part of our land is always likely to command a house price premium.

“As our analysis shows, the house price premiums found across the 50 greenest areas of the nation can be substantial to say the least, although there are some areas where you can buy for below the regional average and still benefit from an abundance of green space.

“The only downside is that the majority of these more affordable areas are limited mainly to Yorkshire and the north west. Great news for those in the area, but not so great for those who don’t plan to relocate to the other end of the country.


Durham waterfall

Houses near green space come at a premium, according to data


“For those looking to make their move in later life, a park home in a rural or coastal park community is an increasingly popular option.

“It can release valuable equity built up in your home while providing an affordable alternative when purchasing in an area with plenty of great dog walking options.”

The UK property market has been turbulent in recent years but house prices are growing in many parts of the UK.

The cities where house prices have risen the most have been shared in new data.

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