The high price of property near an award winning restaurant

Michelin Star- The high price of property near an award winnig restaurants

It may not be the first question a prospective buyer considers, but research suggests that property near award winning Michelin starred restaurants command a higher price. On average areas with a Michelin starred restaurant have house prices some 42% more than the surrounding region’s average, and a third of these have asking prices that are typically 50% above the regional average. The new research from PrimeLocation shows that the highest is Ascot in Berkshire, home to Coworth Park, where house prices are 146% higher than the regional average. The effect is not limited to towns in … [Read more...]

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