UK country house prices hit four-year high in 'race for space'

Shift to working from home drives demand among wealthy buyers for properties in rural areas

Record demand for country houses in the UK has driven prices to a four-year high, with wealthy buyers flocking to Worcester in the West Midlands and Cobham in Surrey in a “race for space”.

Prices for country houses, including cottages, farm houses and manor houses, rose 2% in the three months to September from the previous quarter, according to the estate agent Knight Frank, as the number of offers accepted outside London hit an all-time record.

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from Property | The Guardian https://ift.tt/2HUjypI
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