MortgagesDec 1 2015

National Park location is prize property area

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The New Forest is one of the UK’s most expensive areas in which to buy a house, data from Lloyds Bank has claimed.

National Park homes cost an average of 11 times more than the average UK yearly salary, meaning the average house price in New Forest National Park is £531,162, almost double the Hampshire average house price of £273,120.

According to the research, the average house price in the park area has increased by 20 per cent in the past decade on the 2005 figure of £441,693.