Homes in Tory constituencies shoot up in value

Homes in Tory constituencies have risen in value eight times more than in Labour ones since David Cameron to power.

House prices in towns and villages outside London with a Conservative MP have increased by 16% over the past five years, according to Savills.

But in Labour seats, property prices have risen by just 2% per cent since 2009 – far below inflation.

Homes in Liberal Democrat areas have increased by 8%.

Savills also says its figures show that homes in Tory constituencies are worth 64% more on average than those in Labour seats – a gap of nearly £100,000.

A typical home in a Tory area is now worth £252,083 against £153,843 for a property in a Labour-held seat.

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