LETTING & ESTATE AGENT

Big rises in property prices predicted

Big rises in property prices predicted

The Centre for Economics and Business Research has predicted that house prices will rise this year by 2.9%, to an average cost of £225,000. The continue to add that prices will continue to rise next year by 3.9% to £234,000.


It is also forecast that the housing market will start seeing stronger recovery outside of London and the south-east, with house prices rising in the east of England and Scotland by 27% over the next 5 years. Similarly, London and the south-east will see rises of 43.5% and 27.7% by 2018, respectively.


If your thinking of selling or renting your property in Southampton then give Martin and Co Southampton City a call on 02380 988881 for a free market appraisal or a no obligation chat. We have a number of products that will suit your needs, so your property won't stay on the market very long!