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New Built Houses

Regional New Build House Prices September 2010

Regional new build house prices continue to show variation across the UK for property prices. The best performing area continues to be Yorkshire Humber (+12% YOY) which from a market perspective isn't performing brilliantly (See buying/selling update). Other areas that are performing well year on year are the East Midlands (+4.7%) the North (+5.2%).

'Down South' which is currently performing the best of most property markets, Greater London after good rises has fallen back by 6.4% year on year. Scotland, where the main market is performing well is down by 8.8% year on year and the West Midlands by -6.2%.

Need to know why you need to be careful when buying a new home? Why some lenders request a higher deposit for some new build properties? Call us on 0845 838 1763 or email enquiries@designsonproperty.co.uk

New Homes Data from Smartnewhomes

Statistic MeasureAug 10
Average new home price£219,629
Monthly % change+0.9%
Three monthly change-0.4%
Annual % change+1.2%

Statistic MeasureFeb 10Mar 10Apr 10May 10June 10July 10
Average new home price£215,186£216,188£220,190£220,464£217,845£217,660
Monthly % change-1.6%+0.5%+1.9%+0.1%-1.2%-0.1%
Three monthly change-1.4%-2.0%+0.7%+2.5%+0.8%-1.1%
Annual % change-5.6%-1.8%-0.3%+2.1%+1.4%+2.5%

Statistic MeasureAug 09Sep 09Oct 09Nov 09Dec 09Jan 10
Average new home price£217,058£212,124£214,909£218,160£220,537£218,575
Monthly % change+2.2%-2.3%+1.3%+1.5%+1.1%-0.9%
Three monthly change+0.6%-1.3%+1.2%+0.5%+4.0%+1.7%
Annual % change-10.4%-10.2%-7.5%-3.7%-2.6%-1.4%

Statistic MeasureFeb 09Mar 09Apr 09May 09Jun 09Jul 09
Average new home price£227,893£220,128£220,955£215,857£214,846£212,440
Monthly % change+2.8%-3.4%+0.4%-2.3%-0.5%-1.1%
Three monthly change+0.6%-2.8%-0.3%-5.3%-2.4%-3.9%
Annual % change-9.6%-13.2%-13.0%-15.3%-13.7%-13.6%
 
Useful article to read - UK house building levels rise

For more market commentary on a national or local level:-
Contact Kate Faulkner on 07974 750562 or 0845 838 1763. To read more about Kate, please visit
ABOUT US, see Kate on video and for media appearances, contact:

Sylvia Tidy-Harris
STH Management                    
Tel  +44 (0) 1530 263221
Mob  +44 (0) 7970 646872
Fax: +44 (0) 1530 264018

NALS Conference Chair 2016

Kate's Consumer Portal

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