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Fine & Country National Housing Market Update | February 2021

LIFESTYLE CHANGES DEMAND The housing market proved one of the highlights of the economy in 2020, defying expectations and staging an extraordinary recovery. As we head towards spring 2021, market conditions are beginning to soften but with lifestyle change continuing to drive demand, the market remains busy.

LIFESTYLE CHANGES DEMAND

The housing market proved one of the highlights of the economy in 2020, defying expectations and staging an extraordinary recovery. As we head towards spring 2021, market conditions are beginning to soften but with lifestyle change continuing to drive demand, the market remains busy.

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N A T I O N A L

P R E M IU M M A RK E TS : TOP 5 %

PROPERTIES SOLD ABOVE THE

PREMIUM PRICE THRESHOLD

The premium price threshold is

the value over which the top 5%

of property sales occur. The chart

shows a rolling 12 month change

in the average price paid for

premium properties compared

to the previous 12 month.

ENGLAND & WALES

12.5%

10%

7.5%

5%

2.5%

0%

JAN

2020

FEB

2020

MAR

2020

APR

2020

MAY

2020

JUN

2020

JUL

2020

AUG

2020

SEP

2020

OCT

2020

NOV

2020

DEC

2020

Source: Dataloft, Land Registry

BY PROPERTY TYPE OVER THE

LAST 12 MONTHS, PROPERTIES

SOLD ABOVE THE PREMIUM

PRICE THRESHOLD

ENGLAND & WALES

£1,600

An individual premium price

threshold is calculated for each

property type based on sold

prices in the last 12 months. The

chart shows the average price paid

per square foot for all of these

premium properties.

£1,200

£800

£400

£1173

£699

£521 £515

£616

0

FLAT/APARTMENT TERRACED SEMI-DETACHED DETACHED ALL PROPERTY

Source: Dataloft, Land Registry

PREMIUM MARKETS I NATIONAL I 5

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