Average UK Property Price
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Average UK Property Price in 2006-07 paid by First Time Buyers
The average property price for property purchases by first time buyers in 2006 and 2007 is shown below. This indicates the value of the property when the first time buyer took out a mortgage on the property.
For information on the average first time buyer mortgage value, see this map.
| <75 | 75-100 | 100-125 | 125-150 | 150-175 | 175-200 | ||||||
| 200-225 | 225-250 | 250-275 | 275-300 | 300-325 | 325-350 | ||||||
| 350-375 | 375-400 | 400 -425 | 425-450 | 450-475 | >500 |
Average First Time Buyer Property Price Highlights
- The average property price for a property bought by first time buyers was £127,726 in 2006, going up to £149,991 in 2007, an increase of 17%.
- Bournemouth saw slightly above average increase in average property price of 19% over 2006 – 2007.
- Cambridgeshire, North Yorkshire and Cheshire witnessed slightly below average increases in average property price over 2006-2007, at 13%, 12.9% and 12% respectively.
- Birmingham witnessed a somewhat below average increase of 7% in average property price with the rest of the West Midlands experiencing a higher than average increase of 22% in property price.
- Edinburgh saw a slightly below average increase in average property price of 12.5%.
- West Yorkshire saw a below average increase in average property price paid of 11%, with South Yorkshire witnessing a somewhat below average increase of 7%.
- Greater London only saw a below average increase of 0.25% in average property price with the average property price going up from £237,955 in 2006 to £238,556 in 2007 there..
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