Advertisement

Towns like Marlborough boost house prices

Marlborough in Wiltshire stands out for its independent shops Credit: ITV News West Country

High streets populated with thriving independent businesses have added an average of £40,000 to nearby house prices over the last decade, according to a study by American Express.

It suggested that homeowners living close to a flourishing high street could see their property value outperform similar homes elsewhere by as much as £70,000 over the next 10 years.

The study identified five "high street hot spots" it described as good examples: Whitstable, Kent; Marlborough, Wiltshire; Hungerford, Berkshire; Totnes, Devon, and Yarm, North Yorkshire.