Premium paid for homes in the South

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With London house price growth slowing and momentum building in the more northern and Midlands regions over 2017, we review what has happened to the well-documented North/South divide.The premium paid for properties in the South of the country has been rising steadily in recent years. Back in July 2006, buyers in the South paid, on average, 40.6% more for properties than buyers in the North of the country.

By early 2017 average sales prices in the South were 78.7% higher than in the North, the highest premium of the last 20 years.

However, it seems that the premium has peaked for now at least, falling slightly over the course of the year. With price growth in the East and West Midlands, North West and Wales all currently outperforming London and the South East, we would expect the premium to continue to ease back further over 2018.

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George Tatham-Losh

Since forming the business in 2009, our founder, George Tatham-Losh, has become highly regarded as the local go to expert for advice on maximising property values and getting the most out of property investments, regularly speaking at events and holding well attended seminars. Born and raised in Cheltenham, George knows the town and County like no other and knows what works in the area. Alongside George is a specialist team of agents with a wealth of experience to help you sell, buy, let or rent property in Gloucestershire.

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