Prime prop­er­ties see price growth

Yorkshire Post - Property - - PROPERTY -

The value of prime res­i­den­tial prop­erty across the UK grew by two per cent over the past quar­ter, build­ing on a 4.6 per cent up­lift in the sec­ond half of 2009, though marked re­gional dif­fer­ences are now clear, ac­cord­ing to Sav­ills Re­search.

Ben Prid­den from Sav­ills York says: “We re­ally strug­gled to sell houses to May last year. London took off early in 2009 and it took six months for this ac­tiv­ity to roll up to York­shire.

“Buy­ers in the prime mar­ket are ex­tremely dis­cern­ing, but will com­mit if the price is fair and the house good qual­ity. We sold an im­por­tant Grade I house just out­side York last year with a guide price of £6m, and had about 15 par­ties look at it.”

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