Living near parks or greenspace adds to property prices Office for National Statistics research has found that living near parks, gardens and playing fields can add an average of £2500 to the price of your property. The analysis used details of more than one million property sales within urban areas in England and Wales between 2009 and 2016 from property website Zoopla to estimate how much home buyers value nearby greenspace. The data showed that properties very near public greenspaces attracted a premium – and the more greenspace nearby, the higher that premium is. Houses and flats within 100 metres of public greenspaces are an average of £2,500 more expensive than they would be if they were more than 500 metres away – an average premium of 1.1% in 2016. Public greenspace boosts the prices of detached houses the most. These homes attract a 1.9% premium if they are within 100m of a public greenspace, but flats near greenspaces are only 0.6% more expensive than those further away. In 2016, having a view over a greenspace or water boosted house prices by an extra 1.8%, an average of £4,600.