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Prime country property prices in UK rising

Prime country property prices in UK rising (News (General))

by administrator @, Wednesday, July 08, 2009, 19:17

The average price for prime country property in one of the most popular parts of the UK is rising as analysts believe values are now bottoming out.

In the second quarter of 2009 the average price for prime country properties in the Home Counties rose by 0.8%, according to the latest Knight Frank Prime Country House Index.

Overall, prices for prime country houses dropped on average by under 1%, compared with a 4.7% fall in the first three months of the year. So on an annual basis, average prices have fallen by 17.5% in the 12 months to the end June, compared with a 20% drop in the 12 months to the end of March.

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