Market town house prices double in a decade
House prices in market towns across England have more than doubled over the past decade, according to research by Lloyds TSB.
The average price has risen by 103% from £114,718 to £233,416 in 2011. Some of the largest price increases have been in northern England, with the biggest rise seen in Stanthorpe in County Durham. The average price rose 158% from £57,502 to £148,264.
House prices in market towns are on average, more than £25,592 or 12% higher than the county average, according to Lloyds. They say that since the start of the housing downturn in 2007, prices in market towns have risen by approximately 5%.
18 November 2011
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