The festive data looked at 29 of the UK’s merriest Christmas markets and found the current average house price across each of them was £316,569, £98,681 more than the current UK average.
eMoov also ranked them on the average property price, to guide Christmas-loving, aspiring homebuyers to the ten most economical property prospects during this festive season.
It is that time of year again - bells ringing, carolers singing, and the opening of London’s iconic Winter Wonderland in Hyde Park. Not surprisingly, it holds the title of most unaffordable for homebuyers with an average house price at £2,052,951.
Scotland’s Country Living Glasgow is the star at the top of the Christmas market tree with an average property price of £121,430, while Nottingham’s Winter Wonderland closely trails behind with the average property costing £128,192. Both Glasgow and Nottingham are well ahead of the other areas topping the list, and therefore, make them the most appealing for those looking to celebrate the most wonderful time of the year in an affordable property.
Wrexham’s Victorian Christmas market placed 3rd on the list, with an average property price of £150,883. Closely followed by Manchester German Market with an average property value of £153,590 sledging in at 4th.
Birmingham’s German Christmas Market is often ranked one of the UK’s best markets and it is the biggest one in Europe, outside of Germany and Austria. The market, along with an affordable average property value of £165,149, makes England’s second largest city the 5th most attractive option for homebuyers.
For those in Leeds who are looking for mulled wine paired with carols, Christkindelmarkt is the perfect place both for festive cheer and property prices. The northern city placed 6th on the list for affordability with average property valued at £170,927. The next stop is Staffordshire’s Winter Wonderland, where prospective homebuyers and Christmas enthusiasts alike can indulge in property averaging at £177,531. The 8th place goes to Gloucester Quays Victorian Christmas Market, where property averaged at £182,903.
Prospective homebuyers in the Welsh capital can happily sip their mulled wine and rock their most eclectic jumpers at the Cardiff Christmas Market, which is ranked 9th on the list with the average property price at £191,582. The final property gift is the Chester Christmas Market, which has an average property price tag of £191,666 and prides itself for abundant crafts, stocking stuffers and warm beverages.
Although there is a number of other Christmas market scattered across the country, the above are ten of the best and most affordable when taking property prices into account.
Russell Quirk, founder and CEO of eMoov.co.uk, had this to say: “Christmas begins earlier every year, but the launch of Winter Wonderlands and Christmas markets across the UK signals the festive season is about to kick off. Although not everyone will welcome this news, it could certainly be beneficial for nearby home sellers with Christmas market property commanding a higher price tag than the rest of the nation.
With the seasonal slowdown fast approaching, what better additional selling tool than one of the UK’s best Christmas markets down the road.
Ironic that perhaps the best known and most popular on our list is also home to the largest barrier for those aspirational home buyers that might wish to live there. But there are still many realistic options filled with festive cheer for those looking to buy this Christmas.”
