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Price of smaller houses rises at fastest rate

  • 16/07/2002
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According to the Home Sale Network national survey, the smaller the house the higher prices have lea...

According to the Home Sale Network national survey, the smaller the house the higher prices have leapt. In the past year, the prices of one- and two-bedroom houses have risen 27%, compared with an average of 20% for three-bedroom houses and 13% for four-bedroom houses.

Richard Tucker, director of the Home Sale Network, said: ‘This reflects the fact that our survey indicated that the highest volume of demand is for the smaller and lower price properties, and this is making getting on the property ladder even tougher for first-time buyers.’


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