Canal View Wichelstowe

Living near a park or open space raises house prices

Living near a park or open space raises property value according to new research.

According to research carried out by the Office for National Statistics, properties close to public parks, gardens and playing fields are more expensive.

It was found that living within 100 metres of public green spaces add an average of £2,500 to house value.

A view of green space or water, such as at Canalside @ Wichelstowe, added more, an average of £4,600.

Research was carried out from details of more than one million property sales in England and Wales between 2009 and 2016 from property website Zoopla.