New build premium
In this speed read we look at the premium paid by homebuyers across the UK for a New Build Home
- Attracting a 22% price premium, the average price of a new build home across the UK is nearly £55,500 more than a re-sale property.
- Nearly half of all homemovers would consider a new build property, new build sales accounting for 1 in every 8 properties sold across the UK.
- Research shows new build properties are more likely to be energy and environmentally efficient, with homeowners attracted by low maintenance, warranties and insurance guarantees (Dataloft, Property Academy, 2020).