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This map highlights the average size of homes sold across the UK since 2020, measured in square feet from completed sales. What stands out is how little the averages vary between regions, despite very different housing types. Northern Ireland is the clear exception, with noticeably larger homes on average.
The latest 0.25% interest rate cut may look modest on paper, saving the average variable mortgage holder around £31 a month, but its real influence runs deeper. Property markets are powered by confidence, and with mortgage rates easing and lenders competing again, sentiment is shifting. That change in mood is starting to matter.
Despite the headlines, first-time buyers in Attleborough are not locked out of homeownership. When you look beyond prices and focus on monthly mortgage costs, affordability today is far better than many realise. The data challenges the doom narrative and shows that, while deposits are tough, buying a first home is still possible.
Take a 'Virtual Tour', Exquisite Norfolk Countryside Retreat: A Versatile Barn Conversion on 2 Acres
An exceptional 4-bedroom barn conversion offering dramatic vaulted living space and adaptable accommodation. Stylish Aga kitchen, versatile reception rooms, offering flexible living all set on 2 acres with a Triple Bay Garage and breath taking panoramic Norfolk countryside views.