Buyers paying almost 50% premium for properties on protected green spaces




Buyers looking to live in Britain’s protected green spaces are paying on average 48% more, according to research from Savills.

Second-hand home sale prices were roughly one-and-a-half times more expensive than the surrounding counties they are situated, said Savills.

The average price of a property within the boundaries of a national park is £422,225, compared with the £279,171 county average.

Living within a national landscape drew a £581,212 premium, while Scottish buyers were paying 46% more to live in a National Scenic Area, the Scottish equivalent.

There were also price differences between protected green areas, with Chichester Harbour holding the highest house premium compared with other counties, at 122.1%, while Howardian Hills came in at the bottom of the list, with 89.3% premium above county average.

Frances McDonald, director of research at Savills, said: “Over the last few years, as buyers have re-evaluated their priorities, we have seen a surge in interest in living amongst greenery or nearby access to green space.

“Our analysis reveals that the highest premiums can be found in the National Landscape of Chichester Harbour."

Leave a comment