Properties Near Stately Homes See Prices Soar
By |Published On: 18th September 2015|

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Properties Near Stately Homes See Prices Soar

By |Published On: 18th September 2015|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

Properties near stately homes have experienced a surge in prices over the past decade.

The average price of a house in the same postal district as a stately home is £319,203 – £41,213 more than a property in the surrounding area.

This is known as the Downton effect, after the ITV drama series Downton Abbey.

Halifax revealed that the average price of properties near stately homes has increased by £89,506, or 39%, since 2005 – twice the growth of the national average.

About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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