BDC

Search

UK Property Prices by Train Stations

Hybrid estate agent, eMoov.co.uk, has published its latest study into the UK property market, comparing the cost of average house prices across each overground train station in England, Wales and Scotland.

Previously, the website conducted the same study across each of the tube stations on the London Underground network and has now applied the same research process to train stations throughout the UK.

eMoov grouped all of the 14 major terminals in London to find the average price of £1,024,070, which as expected was the highest in the country.

Outside of Central London, the average property price throughout all stations tipped just £221,000, some way of the prices seen in the capital.

Away from London’s main terminals, the capital still accounted for the highest house price of all stations on the map, with Wimbledon house prices costing £736,000 on average.

Outside of the capital, the most expensive place on the rail network to buy a property is Henley-on-Thames where the average property costs £731,000.

Treherbert in Wales offers the lowest property price point on the whole UK rail network with an average cost of just £58,000, which equates to over 12 properties for the price of one in the Henley-on-Thames area.

eMoov.co.uk Founder and CEO, Russell Quirk, said: “Although it is essentially a bit of fun, it’s always interesting to see which pockets of the nation are outperforming the rest from a property point of view, as well as the big jumps between stations.”

For instance, a property around the area of Kirkham and Westham station costs an average of £200,000, whereas one stop down the line at Blackpool North sees property prices plummet to just £82,000.

Meanwhile, the choice to commute one stop from Thornaby into Middlesbrough sees house prices rise by £40,000, meanwhile the difference from Swansea to Llanelli is £30,000.

LinkedIn
Twitter
Facebook
Pinterest
WhatsApp
Email

Latest Issue

BDC 315 : Apr 2024