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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.
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.
An exceptional fully renovated 3-bed detached bungalow on Watton Road, Great Hockham. Set on a secluded quarter-acre plot, this non-estate home offers modern living with a new kitchen, bathroom, windows, roof, and heating system. Spacious lounge with fireplace, wrap-around gardens, and ample gated parking, perfect for those seeking privacy.
In 2020, Attleborough’s housing market mirrored the UK’s surge as lockdown lifted, with homes selling in days and prices climbing fast. Yet many of those pandemic purchases are now returning to the market. Shifting work patterns, higher mortgage costs, and lifestyle reassessments are reshaping today’s property landscape.