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Evening Standard

Business

Vicky Shaw

Home buyers save £50,000 on properties in 'new towns'

Halifax Amanda Bryden Peterlee County Durham United Kingdom

Home buyers could save nearly £50,000 by purchasing a property in a new town, compared with average UK house prices.

The average house price in a new town is £300,656, compared with a UK average of £346,995, Halifax said.

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