Prime country house prices in England rose by 1.1% in the second quarter of 2014, taking the annual increase in prices to 5.2% over the year to June.
Tagged – ‘country house prices’
The number of new applicants registering with Knight Frank lettings agents in the Home Counties rose by 38% in the first three months of 2014 compared to the same period last year.
The prime country market began to pick up in 2013 and prices have been rising now for five consecutive quarters.
The turning point for the prime market outside London happened in early 2013 and the recovery has continued in 2014.
The average price of a prime country house in England increased by 1.4% in the final quarter of 2013 – the biggest quarterly increase in prices in more than three years.
The Indian economic growth story seems to have slipped off the growth path and the burgeoning real estate sector is no exception.
Average prices in the prime country house market increased by 0.8% in the third quarter of the year, the strongest rate of growth since 2010.
Prime Scottish property values increased by 1.4% in the third quarter of 2013, the first time that prime property prices in Scotland have risen in over three years.
Prime country house prices in England rose by 0.4% over the past three months, the second consecutive quarter of growth.
Average prices of prime country properties in England rose for the first time in two years in the first three months of the year.