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Rural house prices rise 35pc faster than in town
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PostPosted: Tue Oct 04, 2011 1:55 pm 
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Location: Hampshire
Rural house prices rise 35pc faster than in town as wealthy pensioners displace local youngsters.

House prices have risen 35pc faster in the countryside than in urban areas during the last decade, according to Halifax, turning some villages into dormitory suburbs and pricing local young people out of home ownership.

Wealthy pensioners retiring to the countryside and buyers of holiday homes have propelled the average rural house price to more than £196,300 – or £27,000 more than the equivalent property in town. A decade ago, the gap was £20,000. Read more


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