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House prices will rocket 30% in the next five years

House prices will rocket 30% in the next five years.

Average house prices in England and Wales will rise by 30.2 per cent in the next five years and the fastest growth will be seen towns and cities in the South East, it has been claimed.

A study by property website Rightmove and experts at Oxford Economics predicts house values will soar 37.3 per cent in the South East by 2019. This compares to 32.5 per cent in London and 24.3 per cent in the North West, where it says values will rise at the slowest pace.

Sheffield is showing a very strong positive trend at the moment and demand is high for properties of all types across the city. So whether you are a property investor looking to expand your property portfolio you need to pay attention to the property market so that you don’t miss out and you can make full use of the market - whether you are a vendor, house hunter, tenant, or landlord.

You can view all the properties that Belvoir! Sheffield currently have for sale in Sheffield here

Belvoir! Sheffield is the one stop specialist for Sales and Residential Lettings and Property Management, Investment and Wealth Management Advice, Fit-outs and Renovations, Property Insurances and Mortgages. Belvoir! Sheffield was the winner of the Belvoir Franchise of the Year Award for 2013 and is a multi award winning agency.

For more information, please visit Belvoir! Sheffield or call 0114 331 0033. Alternatively, please email rick@belvoirsheffield.co.uk

For the most up to date information relevant to landlords, vendors, and buyers of owner occupied and Buy to let property in Sheffield ensure you follow Belvoir! Sheffield on either Google+FacebookTwitter or visit our website for property lettings or property sales

REF: http://www.thisismoney.co.uk/money/mortgageshome/article-2787767/Property-prices-rocket-30-five-years-study-predicts.html#ixzz3I7GeeMQo

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