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Improved rail links to boost prime property prices

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Prime property prices in key UK locations where train services make them commuter zones for London have seen prices rise in the second quarter of 2016.

According to the index data from real estate firm Knight Frank, the prime property prices have increased by 7.4 per cent in the year to June 2016 with the second quarter of the year seeing a 17 per cent rise in the new buyer registration.

“ After several years of strong price increases, during which the city has comfortably outperformed the wider UK, the latest figure suggest the price growth at the top end of the market in Oxford has started to ease,” said Oliver Knight, research associate at Knight Frank.

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