Premium Housing Market Outlook For The East Of England
Our colleagues at Fine & Country have published their latest quarterly regional reports for the premium sector of the market. The reports provide the best insight of the current market and provide information on the individual regions. We have included a brief summary from the information and provided a link to the full version of the East of England report.
There are a lot of reasons for anyone involved in the UK’s regional premium markets to feel very smug at the moment. Despite all the fears of impending doom, these markets have continued to go from strength to strength, and the future looks as bright as ever.
It’s important to understand how much better premium markets perform compared with the mid-market. On a national basis, the mid-market has seen average annual growth of around 3.2% per year over the last decade. The top 5% most expensive properties, on the other hand, have seen much stronger growth, at about 4%. For the top 1%, the increase is even stronger still at approximately 4.8% per year.
For a full copy of the East of England report, which includes some very useful infographics, please click here