Average premium for buying a home in a market town in England is almost £31,000 – PropertyWire

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Average premium for buying a home in a market town in England is almost 31,000 Buying a home in a market town in England comes with an average price premium of almost 31,000, according to the latest research.

A third of homes on the market have had asking price cut – by an average of 25,000. The biggest price reductions have been in Stockton-on-Tees in County Durham, where the average mark-down is 13,350, or 8pc. This is closely followed by neighbouring Darlington at 12,285, and Bishop Auckland at 10,573. In London,

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Beijing market hits ‘deep freeze.’Victoria benefits from Vancouver’s new tax and more news from around the world. Meanwhile, a U.K. study published in 2013 found a premium closer to 14% for energy efficient homes, while another based in Oregon put the premium at less than 1%, said Mr. Cathcart, indicating that there’s a lot of regional variability.

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The tightening of the labor market, however, failed to boost wage growth. Average hourly earnings were unchanged on the month.

The BN3 postcode area of Hove is the most sought-after location for young professionals buying a home in England and Wales. to pay a £71,000 premium to live in the most popular property areas for.