Property News Item: 00014

12th Jan 2006

New house prices lower in 2005

Source: http://www.smartnewhomes.co.uk

According to Smartnewhomes, a website specialising in new homes, the price for newly-built homes fell by 4% in 2005 to an average of £255,713. In the north east of England prices fell by 11.7%, but in the West Midlands they actually increased by 8.1%.