Over the past five years, values in prime London have seen significant increases with an average growth of 65% over the period. However, with an election approaching and the taxation of high value property still on the political agenda, we expect values to plateau in locations that have seen the steepest price rises. Assuming no mansion tax is introduced, we expect prices to bounce back in 2016 as demand returns to the market, leading to an average increase of 22.7% over the five year period to the end of 2018.
Our five-year house price forecast in the prime London markets.
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Click Map below to enlarge