Devon and Cornwall house prices have seen the biggest yearly slump in house prices across England and Wales, according to latest figures from the Land Registry.
Land Registry figures released this week show the South West has seen the biggest property price fall of anywhere in England in Wales over the past year.
In April 2009 the average house price in the region was £159,704, an 18% drop on the previous April. According to the figures the average home in England and Wales was worth £152,898 in April. So even after the 18% drop, South West properties are still 4.5% more expensive than the average
Devon offers some of the most luxurious real estate found in the UK one very good example of this is a riverside home at The Old Bakehouse is now on offer for a cool 2 million pounds. The luxury Devon home which has been featured in numerous magazines and publications for its prime location and classic country charm. It has been described as iconic, historic and been featured in “The Week” as one of the best properties on the market in the whole country.
Learn more about this Luxury property in Devon
