Lloyds TSB research shows £48,000 extra to live in a spa town

Spa towns like Ilkley in West Yorkshire, which boasted the highest premium of all, Boston Spa in Lincolnshire and Bath in North Somerset, have been shown to have signficantly higher house prices.

The report by Lloyds TSB indicated the spa town house prices were around 27% or £48,123 higher than neighbouring towns, averaging at £275,397 last year. Spa town homes now cost typically 8.3 times gross annual earnings.

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