Britain's average house prices mapped:moving one train stop away from a city-centre rail station can strip more than £100k off asking prices

New research charts the average cost of buying a home near every overground train station in England, Wales and Scotland - and the savings on offer if you stay on the train even one stop longer.

Buyers in search of good-value homes are opting to live near mainline train stations outside of the UK's major cities, says a new report.

Online estate agent eMoov has mapped the average house price across every station in England, Wales and Scotland, with the figures showing that in some parts of the country, even moving one stop further away from a city hub can save buyers up to £120,000.

It's no surprise that London families and first-time buyers priced out of the property market are increasingly looking to the suburbs and the commuter belt in their search to find better-value homes. 

A property near one of the capital's 14 major rail terminals now costs an average of £1 million, but by heading east to Stratford in Zone 2/3, average prices drop to £359,000. In Zone 5, homes in Bromley South sell for an average of £295,000.

CLICK ON MAP TO ENLARGE:

600ukhousepricestationmapemoov.jpg
Mapped: the average price of homes near every major station in England, Scotland and Wales

'When you look elsewhere in the country, there are other examples of homeowners opting to live outside larger cities to save on the price of their property," says eMoov founder, Russell Quirk.

For example, a property around Kirkham and Wesham station in Lancashire costs over £200,000, while one stop down the line to Blackpool North this drops to £82,000.

Commuting one stop from Yorkshire's Thornaby into Middlesbrough, where homes average £145,000, saves nearly £40,000, and travelling one stop from Llanelli to Swansea means paying £125,000 instead of £156,000 for a home.

 


Follow us on Twitter @HomesProperty and Facebook

Comments