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House Building Costs

Volume 905: debated on Friday 20 February 1976

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asked the Secretary of State for the Environment what was the average price of a pre-war three-bedroomed house and a post-war three-bed roomed house, respectively, in each of the last six years expressed (a) as contemporary values and (b) at December 1975 values.

Estimated average prices of six-roomed dwellings in the United Kingdom, on which building societies advanced loans were:

Purchased in:Pre-1940 £Post-1939 £
19704,4255,075
19714,9755,700
19726,7757,325
19739,3759,900
197410,07510,925
197510.65011,925
Their values in December 1975 would be about the corresponding average price paid in the fourth quarter 1975, which were approximately £10,800 and £12,300, respectively.Figures for three-bedroomed houses are not available.