Higher prices asked for urban homes
ASKING prices for properties in towns have risen, while those for rural homes have fallen, according to property portal Primelocation.
The firm says average asking prices for urban homes in England are 1.9 per cent more than this time last year, while those for country properties are down 5.1 per cent.
Urban asking prices on the upmarket website now stand at an average of £315,170, up from £309,280 one year ago, while rural asking prices are now £272,180, down from £286,890 this time last year, making the average rural retreat 14 per cent cheaper than the average urban home.
Over the past year, country prices fell most in the North-East and the South-West.