Stockport Property News

New build premium

TomS - Head Tom Simper Jun 7, 2021, 12:30 PM

Attracting a 22% price premium, the average price of a new build home across the UK is nearly £55,500 more than a re-sale property.

Nearly half of all homemovers would consider a new build property, new build sales accounting for 1 in every 8 properties sold across the UK.

Research shows new build properties are more likely to be energy and environmentally efficient, with homeowners attracted by low maintenance, warranties and insurance guarantees (Dataloft, Property Academy, 2020).

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