The nation’s cheesiest property pockets where properties sell for up to 11% more to celebrate National Cheese Day 2020

June 4, 2020

This Thursday, the 4th June, marks National Cheese Day and to celebrate leading lettings and estate agent, Benham and Reeves, has looked at the cost of buying across the cheesiest property pockets of the UK market as well as which offer the best rental yields.

Benham and Reeves looked at the average house price, annual growth and rental yields available from Gloucester to Cheddar, Cheshire to Durham, and everywhere in between with a cheese-related name to see which left the sweetest taste for homebuyers, owners and potential landlords.

The figures show that when it comes to the highest average house price, Gloucester tops the cheese charts with properties selling for £269,371. Stilton also ranked highly with property prices in Huntingdonshire going for an average price of £260,863, followed by Stinking Bishop with prices in the Forest of Dean going for £243,237.

Cornish Yarg (£238,059), Cheddar (£232,815), Red Leicester (£231,840) Cheshire (£218,595) and Wensleydale (£215,327) were also home to an average house price upwards of £200,000.

Durham Blue sits at the bottom of the table with an average house price of just £100,095, bad news for homeowners but great news for those looking for an affordable, cheesy property purchase.

When it comes to house price growth Durham homeowners will be even bluer, as it’s the only area in the list to have seen a decline on an annual basis; down -2.11%. However, there is a silver lining as Durham Blue ranks top for the best available rental yields of the bunch at 5.9%.

For the most fermented levels of house price growth, homebuyers should look to Wensleydale. Not only is it one of the more affordable areas, but prices have also increased by 2.9% over the last year.

Cheese
House Price Location
Average House Price
Annual Change
Average Rental Yield
Caerphilly
Caerphilly
£140,087
1.21%
4.5%
Cheddar
Sedgemoor
£232,815
2.89%
3.5%
Cheshire
Cheshire
£218,595
0.94%
3.9%
Cornish Yarg
Cornwall
£238,059
2.00%
3.6%
Durham Blue
County Durham
£100,095
-2.11%
5.9%
Gloucester
Gloucestershire
£269,372
1.25%
3.5%
Red Leicester
Leicestershire
£231,840
0.88%
3.3%
Stilton
Huntingdonshire
£260,863
0.21%
3.8%
Stinking Bishop
Forest of Dean
£243,237
1.23%
3.2%
Wensleydale
Richmondshire
£215,327
2.90%
3.3%
England and Wales
£243,809
0.74%
3.4%

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Estate Agent Talk

Real Estate Lawyers: Who They Are and What They Do?

When you want to purchase or sell a property, the best course of action would be to seek help from professionals. Real estate transactions usually involve huge sums of cash, so the legal protocols are there to ensure your security and prevent you from falling victim to fraud. Hiring a real estate attorney is essential,…
Read More →
Breaking News

Weekly News Roundup – 03/05/24

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of Contents Is Zoopla holding back the housing market? Will Yardi’s multi-million gamble on WeWork the former £37Bn Unicorn pay off? Nimbus report gives oversight on retail market post Covid   Is Zoopla holding back the housing market?…
Read More →
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker – 02/05/24

Matt Smith, Rightmove’s mortgage expert said: “Next week’s Bank of England meeting will be quite key for setting the tone for mortgage rates leading into summer. An uneasy few weeks for the world economy has meant that there is still a lot of uncertainty around when we might see the first interest rate cut – and…
Read More →
Estate Agent Talk

Powering Up Your Brokerage: How Real Estate Apps are Transforming the Industry

The real estate industry once literally hand-to-hand with traditional printed flyers and face-to-face meetings became digital-friendly after the revolution of technology. Among the key drivers of this transformation is the real estate app through which brokerages redefine the role they perform and the way they interact with clients. Streamlined Workflows and Increased Efficiency Gone are…
Read More →
Breaking News

Breaking Property News – 02/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X. Is Zoopla holding back the housing market? Maybe it is me! and definitely me and my dog Zara do not think like most people, but – each month in the UK just 100,000 properties complete (exchange) and in the past decade this has been the…
Read More →
Breaking News

Breaking Property News – 01/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fine & Country relaunches Masterclass Series for 2024 to support network in winning more business Set to take place in both London and Huddersfield, Fine & Country will be hosting informative and engaging Masterclass sessions again this year, sharing insight from property experts on…
Read More →