How much does a nearby park add to the rent of a London property?
A survey by the always interesting rentonomy blog looks at the effect of proximity to a park in London on local rental prices, such as Regent’s Park and Hampstead Heath. They looked at the relationship between the nearest park and levels of rent for two-bedroom properties in tube zones 1, 2 and 3. The results were that properties less than half a kilometre from a park averaged £400 while properties in the next band, 0.5km to 1km have rents 25 per cent lower.
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