Prices of country houses grew by an average of 1.3% in the
third quarter of this year, the slowest rate since the end of 2005
The weak third quarter result means that the annualised rate
of growth slipped from 10.4% to 9.4% between Q2 and Q3
The best performing sector of the market was the more
expensive Manor House market ? with growth of 2.4% in the
quarter and an annualised rate of growth of 11.0%
The average price of farmhouses increased by 1.3%, while
cottages increased by only 0.3%
The South West was once again the best performing region,
with very strong growth evident for larger properties, hitting 4% in
the quarter
Price growth has been led by the most expensive price
brackets: ?4 million+ properties rose by 15.1% in a year
compared to only 8.1% for those priced less than ?1 million
42% of ?5 million+ properties in the South East are now
bought by overseas buyers, the highest level on record and well
above the 34% figure in September 2006
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