Village Greens Add Value
May Day – a much coveted long weekend, and a time for dancing, singing and fetes on the village green, but what is the price premium attached to living in such a locality?
To live in a small village across England’s green and pleasant land commands a price premium of close to 24% compared to the average price of a property across England and Wales. The presence of a village green adds on average, an additional £21,000 to the price of a village property.
Although London is heralded as one of the ‘greenest’ cities in the world, the premium attached to a village with a green compared to a village is equivalent to just over £125,000. Those in the South West can expect to pay close to £44,000 for the privilege of a green.
However, in 40% of regions, the price differential between a village with a green and a village without is less than £10,000, prices across the Midlands and Wales varying very little. Wherever you live, here’s hoping the sun shines for all May Day festivities.
What is your favourite Village? Message, Comment or call 01722 444706 now for a free copy of our Property Market Report for your Village or area in Salisbury or Winchester
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Last Update : Jun 11, 2018
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