MyIntroducer.com | News | London revival pushes house prices higher
Prices of UK prime country houses rose in the first quarter of 2011 by 0.5%, partially reversing some of the prices falls in the second half of 2010, reveal Knight Frank.
With prices of prime London property having risen by 30% since March 2009, buyers coming out of the capital are beginning to have an effect on the prices of the best country properties.
Price growth in the country is still not evenly spread, with slight falls recorded in the North and Scotland, and the strongest growth, 1% and 1.2% respectively, recorded in the South East and the South West of England.
With low stock volumes and ongoing strong interest from London based buyers, further price growth in the counties around London should be expected over the spring and summer.
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