The newest analysis from Quickmove Properties has revealed that home costs throughout UK nationwide parks have elevated by a median of 6.6% during the last yr, with the price of buying a property shut to those areas of pure magnificence commanding property premiums as excessive as 47%.
Residential park house specialists Quickmove Properties analysed property values throughout the postcodes of 15 British nationwide parks, how they’ve carried out during the last yr and the way they examine to the price of shopping for throughout the broader area by which they’re situated.
The analysis exhibits that, on common, it can set you again £270,217 to buy a property inside a nationwide park, climbing as excessive as £431,049 within the New Forest and £421,022 throughout the South Downs.
What’s extra, the typical annual fee of home worth development seen throughout Britain’s nationwide parks at present sits at 6.6%, considerably increased than the broader fee of 0.6% seen throughout Britain as a complete.
The Pembrokeshire Coast sits prime on this respect, having seen property values improve by 11.2% during the last yr, adopted by the Brecon Beacons (+10.6%) and Loch Lomond and the Trossachs (+9.6%).
Even the worst performing nationwide park, the South Downs, has seen property costs climb by 5.2% within the final yr.
When evaluating the value of a nationwide park property to the broader areas by which they’re discovered, the analysis by Quickmove Properties exhibits that the Lake District is probably the most fascinating. The present common home worth of £317,394 is a few 47% increased than the broader area of the North West (£215,648).
The Yorkshire Dales (44.9%), Northumberland (31.4%), North York Moors (24.3%) and New Forest (20.1%) additionally command a few of the strongest nationwide park home worth premiums. Residents in these areas take pleasure in unrivalled entry to unspoiled landscapes, recent air, wildlife walks and nature trails.
These seeking to buy inside a nationwide park with out the premium price ticket may take into account a park house. Not solely does the value of a model new park house within the UK sit at simply £182,420, many are in rural areas inside touching distance of a few of the nation’s finest nationwide parks and coastal cities.
In consequence, these seeking to downsize into an space of excellent pure magnificence may achieve this for a fraction of the price of a bricks and mortar house, whereas nonetheless reaping the approach to life advantages that these areas present.
Gross sales Director at Quickmove Properties, Mark O’Dwyer mentioned, “Summer season could also be coming to an finish and whereas this may occasionally see a drop in purchaser demand throughout many coastal hotspots, our nationwide parks are a splendid place to be all yr round. They provide an unrivalled high quality of life, with excellent surroundings, an abundance of recent air and peace and quiet by the bucket load.
So it’s hardly shocking that regardless of the broader financial panorama and a cooling bricks and mortar market, nationwide park home costs have gone from energy to energy during the last yr.
In fact, which means most of the hottest areas additionally command a hefty home worth premium when in comparison with the broader regional common. Nevertheless, as with all areas of the housing market, there are pockets of relative affordability to be discovered for many who don’t want to pay above the percentages to have a nationwide park on their doorstep.
Many park house websites for over 50’s are discovered near areas of excellent pure magnificence, which makes them a preferred possibility for silver downsizers searching for an idyllic countryside setting, with out the hefty price ticket of a bricks and mortar house. Transferring to a model new park house can launch a considerable quantity of fairness to assist benefit from the more and more common trendy park house way of life.”