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It's 60 per cent more expensive to live in Stamford than the rest of Lincolnshire according to new research by Lloyds Bank

New data released today (Saturday) has revealed that it's more expensive to live in Stamford rather than the rest of Lincolnshire.

New statistics by Lloyds Bank revealed the market towns with the highest premium compared to the average for the county. Stamford was 10th on the list (for the country), where the average house price is £314,423, against the average price for the county of £196,384 - a huge 60 per cent higher.

Homebuyers looking to live in one of England’s picturesque market towns will need to pay on average, a premium of £41,633 or 17 per cent higher than the country average. According to the research from Lloyds Bank, house prices in these areas have grown on average, by 23 per cent in the past 10 years to an average of £290,775, this is nearly eight times more than the average gross earnings of full time workers across England*.

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