An exclusive new study on house price movement in the UK has revealed the smart places to buy and what your house price could do next.
We’re told that better job prospects, increasing wages and a more stable economy will drive a five year wave of activity in home sales and house price growth, especially in the South East of England.
Analysts at the property group JLL have predicted that the cost of the average home in the South East will increase by almost 27% within the next five years, at a faster rate of growth than any other region of the UK.
Similar increases are predicted in the East (25.8%) and in Greater London (24%) where supply remains low and demand is high.
But don’t expect such house price growth to be an occurrence reserved for the South; Manchester, Leeds and Edinburgh are right up there with the quickest growing cities due to the commercial and student booms they’re experiencing.
“Key urban employment hubs such as Manchester, Leeds, Edinburgh and Bristol will continue to prosper and outperform their regional markets,” writes Jon Neale, JLL Head of UK Research.Back to all articles