Harlow property prices rise by over 70% in ten years

Business / Wed 27th Oct 2021 at 08:05am

HARLOW properties have increased by 71.60 per cent in ten years beating a number of areas across the region, new research shows.

The study factors in the cost of land, the proportion of planning applications that are successful and how much property values have increased over the last 10 years reports Property Reporter.

Harlow has been ranked the seventh largest property value increase outside of London, with the average house costing £290,000 in December 2020.

Despite removing London from the ranking to try and give a more general overview of property price rises across the country, every one of the top ten locations are situated within a commutable distance from the capital.

Above Harlow is Luton with an increase of 72.00 per cent and the average property costing £258,000 in December 2020.

The best place outside of London for rising property values is Thurrock, which has seen an increase of 76.47 per cent over the last decade.

This area of Essex sits in the London commuter belt which has helped prices to rise to a current average of £300,000.

Just across the Thames from Thurrock sits the second place location, Gravesham, which experienced property price increases of 74.16 per cent bringing local prices up to an average of £310,000.

Print Friendly, PDF & Email

No Comments for Harlow property prices rise by over 70% in ten years:

Leave a Comment Below:

Your email address will not be published. Required fields are marked *