House Prices In NW England Set To Grow 6x Faster Than London
High end agency, Savills has this week predicted that house price growth in the NW of England will grow 6x faster than London’s. The claim which comes in their 5 year price forecast is based on assumptions that the UK will achieve an orderly Brexit during 2020 and will avoid a recession.
Their forecast predicts an overall 15.3% increase in house prices over the next 5 years bringing an average of £266k by 2024. They predict that the North West will see increase of 24% compared with 4% in Greater London.
You can read more about Savills’ 5 year forecast here.