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Ever noticed that new homes usually cost more than older ones? That extra is known as the “new build premium.” Like a new car, it reflects freshness, modern features, and peace of mind. With energy efficiency, contemporary design, and low maintenance, many buyers see the added value as worth the higher price.
A quick look at Attleborough’s property market, where this time, I'm focusing on the £/sq.ft of all property that was 'for sale' in July—a key indicator of how the market is moving. More than just a number, it reflects the mix of homes for sale and the story behind local property values.
New figures reveal major regional differences in how quickly UK homes go under offer. In today’s market, speed counts—delays can mean price cuts, lost momentum, and uncertainty. The key question for sellers: is your property priced to sell, or priced to sit?
The Bank of England’s latest rate cut to 4%—its lowest in two years—offers a boost to buyer confidence and affordability. With UK home sales up 7.5% year-on-year, the move is expected to support stability in Attleborough’s housing market, though the pace of mortgage rate changes may remain gradual.