The growth of prices for new buildings in the UK

The average price of new residential property in the UK increased by 12% over the last 5 years and is £ 233 822 , according to a new research Agency in Halifax. This means that residential property in new homes are 9 percent more expensive than the average property in the UK

Across the UK there is an increase in the price of real estate in the UK by 40% from £ 166 to 473 over the past 10 years. At the regional level, the largest increase, of course, observed among the new objects of real estate of London, where the average cost of a new residential listings rose by 57% to 415540.

Studies have shown the contrast between the North and the South of the UK in the average prices for new properties as it is observed in General of the UK property market, which covers not only new objects. Over the past 5 years, more than half of UK regions saw a drop in the price of new properties, the decline is particularly noticeable in the North – an average of 10 % to £157,190.

The study also noted the types of the most popular new real estate that was sold. For example, in 2012, it sold 37% of the apartments, and then in popularity among buyers are townhouses – 24%, and then detached houses, 23%

In Yorkshire and the Humber was committed the greatest of all transactions with townhouses – 30%, and London is traditionally known for a high share of sales of new apartments – 88% in 2012.

As for the market of residential apartments, the primary apartment market has undergone significant changes over the past five years. The UK government has made a lot of positive sentiment in the market. It was proposed that several types of schemes that have been implemented to give jeans wholesale in Dnepropetrovsk impetus to construction companies and a boost to the new housing market so that buyers of their capital could more fully participate in the new construction market.

One such scheme – NewBuy– (new buyer)

To date, Halifax has helped to make deals approximately 1,900 customers through the NewBuy scheme since the launch of the NewBuy scheme in March 2012.

® Helen Entree. 29.04.2013 G.