Property Price News - New builds continue to be great value for money

publication date: Jun 24, 2010
 | 
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books
Download

Property Price News - New builds continue to be great value for money


New build property price news - New build prices continued to edge forward in April, but are still only selling out at the same price as last year. Over the last 12 months, average new build prices have been as high as £220,000 but then dropped to around £212,000, so appear to be yo yo' ing, but the current trend is really 'flat' prices.

Due to demand not really picking up year on year, prices for new builds continue to be great value for money as they are still not attracting premiums over second hand homes, yet offer more guarantees and most importantly, have a high energy rating so are cheaper to keen warm.

According to Smartnewhomes' index, semi detached properties are the most popular followed by townhouses. Simon Bexon from Smartnew homes suggests that "Detached homes on smaller developments within commuting distance of larger regional towns, London or hte South East's airports are holding their own".

For all the up to date new homes data, regional performances and market analysis READ MORE.

Are you thinking of buying your first home? Receive your Free First Time Buyer’s Checklist just sign up to our newsletter by emailing enquiries@designsonproperty.co.uk

Buy our
First Time Buyer Pack and gain access to Kate and her team via email or phone to help you through every step of your purchase.


Need help with a property problem? Have a question? Why not call Designs on Property on 07585 897128 or Contact Us via email.
NALS Conference Chair 2016

Kate's Consumer Portal

Propertychecklists.co.uk

FREE Buy to Let eBooks

Download a copy of our
Buy to Let Show eBooks
for FREEsimply click on
the image below

Buy to Let Show - download our Buy to Let eBook for FREE