Online estate agents HouseSimple.com compared property prices on streets next to cemeteries in 13 UK towns and cities to average prices for the postcode area.

It found house prices on these streets were on average 23% lower than the postcode average but some were up to 50% lower.

For example, the average property price overlooking St Patrick’s Cemetery in Leytonstone is £258,400, compared to the postcode average of £511,311. That’s half the average property price in the E11 postcode.

Meanwhile, property prices next to Linthorpe Cemetery in Middlesbrough are 43.8% below the postcode average.

However, living next to a cemetery doesn’t appear to chill prices everywhere. Property prices next to Harehills Cemetery in Leeds are actually 7.4% higher than the postcode average, and prices next to Hollybrook Cemetery in Southampton are more than £17,000 higher on average than the average for the postcode.

Alex Gosling, chief executive of online estate agents HouseSimple.com said: “For many of us, living next to a cemetery would cause us sleepless nights. But for buyers who aren’t easily spooked, they could pick up a bargain. And if you can get past the fact there are gravestones a few yards from your front door, what you’re actually overlooking is a serene and quiet space, that is unlikely to ever be developed.”