Prime country prices stabilising
Property in the countryside in the UK has been among the best
performing in recent times thanks to the fact that there is a high
demand and a very limited supply.
However, while performance is stabilising within these types of
homes at the moment, the prices being paid are still below peak
values that were being experienced before the market crashed in
According to Knight Frank, the last quarter figures show a 0.4 per
cent rise in prices, the second time in a row there has been an
increase - however, surprisingly this also marks a 1.2 per cent
The company went on to say that prices for homes in this bracket
are still 21 per cent below the peak that they saw in 2007. It will
come as bad news for investors, especially with a report last week
stating that prime London properties are now exceeding the highest
prices previously seen in 2005.