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.
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