National park house prices and where you can find a homebuyer bargain

July 7, 2020

The latest research from lettings and estate agent, Benham and Reeves, has revealed the cost of buying in and around 15 national parks and which of them offer a homebuyer bargain.

Benham and Reeves looked at: –

  • The average property costs across all postcodes within or straddling the UK’s 15 national parks.
  • What it currently costs to buy across each park as a whole and how it compares to the national average.
  • The difference between the most and least expensive postcodes within the same national park.

The figures found that on average, it will set you back £267,817 to buy in a national park, 16% more than the current UK house price.

The New Forest is home to the highest national park house price (£425,738) coming in at a whopping 84% higher than the UK average. The South Downs ranks second with an average price of £423,982; 83% higher than the UK average.

No surprise then, that these two national parks are also home to the majority of the most expensive postcodes. The top 29 to be exact, with SA42 in Pembrokeshire the only other postcode within the top 30 most expensive.

That doesn’t mean you can’t find pockets of affordability, however. On average, the house price gap between the most affordable and least affordable postcode across all parks is 139%.

The Brecon Beacons is home to the largest gap between the most affordable and least affordable postcodes. There is a 263% difference between the CF44 postcode (£109,687) and the NP8 postcode (£398,125).

While the New Forest ranks as the least affordable overall, its PO1 postcode is home to an average property price of just £207,731. So not only is it cheaper than the UK average, but it’s 254% more affordable than the New Forest’s SO42 postcode (£735,158) at the other end of the ladder.

For overall affordability, Snowdonia is home to the lowest average national park house price (£188,001), along with Loch Lomond (£190,540) and the Brecon Beacons.

Snowdonia’s LL41 postcode is also the cheapest of all national park postcode property prices at £101,708. With G83 in Loch Lomond (£102,306) and CF44 in the Brecon Beacons (£109,687) also ranking amongst the most affordable pockets.

National park ranked by the highest overall house price to the lowest
National Park
Average House Price
Difference to National Average
£425,738
84%
£423,982
83%
£307,270
33%
£268,893
16%
£284,865
23%
£281,450
21%
£279,385
20%
£265,955
15%
£234,061
1%
£227,705
-2%
£227,443
-2%
£208,750
-10%
£203,213
-12%
£190,540
-18%
£188,001
-19%
National Park Average
£267,817
16%
UK Average
£231,855
Top 10 most expensive national park postcodes by property price
National Park
Postcode
Average House Price
SO42
£735,158
GU10
£673,542
GU8
£598,647
SO22
£589,981
RH20
£563,436
SO24
£556,013
BN8
£551,951
GU28
£534,981
SO21
£519,859
GU31
£515,386
Top 10 most affordable national park postcodes by property price
National Park
Postcode
Average House Price
LL41
£101,708
G83
£102,306
CF44
£109,687
TS13
£118,579
NP23
£122,925
SA11
£123,911
SA72
£126,124
CF48
£126,324
DD9
£128,058
TS12
£136,108
House price gap between the most and least affordable postcode in each national park
National Park
Most Affordable Postcode
Average House Price
Most Expensive Postcode
Average House Price
Difference
CF44
£109,687
NP8
£398,125
263%
PO1
£207,731
SO42
£735,158
254%
SA72
£126,124
SA42
£411,106
226%
TS13
£118,579
YO61
£379,128
220%
LL41
£101,708
LL35
£324,714
219%
BN21
£242,241
GU10
£673,542
178%
G83
£102,306
G63
£277,261
171%
S6
£168,084
SK12
£394,578
135%
CA7
£177,558
LA23
£384,875
117%
TD12
£154,990
NE19
£330,400
113%
DD9
£128,058
PH16
£269,750
111%
PL6
£198,978
PL20
£355,742
79%
CA16
£227,169
HG3
£405,786
79%
NR32
£202,142
NR14
£338,714
68%
EX32
£241,707
TA4
£309,017
28%
Average
£167,137
Average
£399,193
139%

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