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UK house prices: This map shows every house price at nearly every railway station in England, Scotland and Wales


07-21-2016

 

Emma Haslett

I am City A.M.'s digital editor. 

 
The Flying Scotsman Is Displayed To The Scottish Public
Don't mind the commute? House prices are cheaper in Scotland... (Source: Getty)

For many first-time buyers, the path to property ownership is moving out London. But when you have a job in the capital, that's easier said than done.

Step forward, online estate agent Emoov, which has produced a map of the average house price in the area surrounding almost every train station in the UK - from Penzance (£227,000) to Thurso (£112,000).

The most expensive area? London, naturally - the map groups together all 14 of London's major terminals to reach an average house price of just over £1m. Outside the capital, the highest price was Henley-on-Thames, where the average property will set you back £731,000.

At the other end of the house price scale was Treherbert in Wales, with an average price of just £58,000 - although commuting into the capital from there takes three and a half hours.

"The latest trend for homeowners in London has been to forsake the capital’s inflated property market for the commuter belt surrounding it," said Russell Quirk, Emoov's chief executive.

"But 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."

Click or tap on the map to open it in a new tab.

That said, Londoners may be about to enjoy discounts. Figures published by Reeds Rains last week suggested prices in the capital fell 1.4 per cent between May and last month - while it suggested Brexit could hit London house prices further.

"Exactly how the implications will play out in the sector over the coming months is yet to be seen," said Adrian Gill, director of Your Move and Reeds Rains.

"London is likely to feel the effects more acutely."

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