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lynk2510




Posts : 209
Join date : 2011-02-17

Although house prices Empty
PostSubject: Although house prices   Although house prices EmptyApril 29th 2011, 4:32 am

Although house prices have traditionally been lower than the national average in Navenby, they have risen quickly in recent years. In 2004, the average house price rose by 8.2% to £163,186, according to the Land Registry, while in 1999 the average was £60,000.[63] The district surrounding Navenby – North Kesteven – remains a relatively inexpensive place to purchase property. Consequently, owner occupation is 77% – which is higher than both the regional and national averages. However, the rising prices of recent years are resulting in housing becoming increasingly "out of reach for those on average incomes".[63] A 2004 Housing Needs Study, carried out by Fordham Associates for North Kesteven District Council, highlighted the need for 460 "affordable homes" to be built each year for the next five years in Navenby and the surrounding villages.[64]
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