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House prices near Aldi and Lidl surge to record highs

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GERMANY - JULY 24: Woman take shopping bags of Lidl and Aldi. (Photo by Ulrich Baumgarten via Getty Images)
Living near a budget retailer will add a premium to your house. (Picture: Getty)

Living near an Aldi or Lidl appears to be good for your wallet in more than one way.

Research has shown that house prices near budget retailers have surged at a faster rate than those near supermarkets generally in recent years.

Properties close to Lidl, Aldi, Morrisons and Asda have typically increased by 15% (£29,316) in value over the past four years, Lloyds Bank said.

This is a faster percentage increase than for house prices near all major supermarkets across its… Read the full story


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