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Housing: Prices

Volume 475: debated on Tuesday 29 April 2008

To ask the Secretary of State for Communities and Local Government what the average purchase price of a domestic dwelling was for a first-time buyer in (a) England and (b) the United Kingdom in the most recent period for which figures are available. (202554)

Communities and Local Government calculate monthly mix-adjusted average purchase prices of domestic dwellings bought by first time buyers based on data from the Regulated Mortgage Survey. This is available for the UK, by country and Government Office region back to February 2002 on our website at:

http://www.communities.gov.uk/documents/housing/xls/table-592

From this table the average mix-adjusted price of a property bought by a first time buyer in February 2008 was £166,101 in England and £160,338 in the UK.

To ask the Secretary of State for Communities and Local Government what information her Department holds on the average purchase price of a domestic dwelling paid by first time buyers. (202649)

Communities and Local Government calculate monthly mix-adjusted average purchase prices of domestic dwellings bought by first time buyers based on data from the regulated mortgage survey. This is available for the UK, by country and Government Office region back to February 2002 on our website at:

http://www.communities.gov.uk/documents/housing/xls/table-592