UK new build prices soars at 10 times more than existing homes

New build property prices are increasing at more than 10 times the rate as those for existing housing stock.

The typical cost of a new build home in England is rising at an annual rate of 4.3%, while property values for existing homes have edged ahead by just 0.3%, according to the latest figures from the Land Registry.

The trend is seen across all regions of England, with the average new build property costing £316,789, compared with £245,173 for other homes.

In many parts of the country property values for the two different property types are moving in opposite directions.

While house prices have fallen year-on-year for existing housing stock in London, the south east, the north east and the east of England, the cost of a new build home has jumped by as much as 3.6%.

Source: Zoopla property news

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TA DenEco Consultancy – www.deneco.co.uk

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I am a Property/Energy Consultant TA DenEco Consultancy - www.deneco.co.uk: A friendly, energetic and adaptable individual with keen interest and aptitude for learning and motivating others, with great academic skills and work experience in both Life science and Environmental Management, seeking an opportunity to use his proven flair for teamwork and creativity in Property Purchase, Energy Efficiency, Environmental management for sustainable development and growth in any related sector or industry. I help individuals, businesses, SMEs and corporate clients save or make money in regards to Property investment, energy efficiency, environmental management solutions. The foundation of my experience is environmental protection. I have a passion for helping people, businesses and corporate organization achieve their dream through Property Investment and become more efficient and effective in their energy, and environmental management. I get satisfaction from knowing that the work am doing is helping make/save money and the environment.  Contact us @ www.deneco.co.uk Outside of work you can find me spending time with family, studying and researching for new opportunities and continuous development. Specialties: Property Investment, EPC provider, Energy Efficiency, Environmental  management.

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