Source: Savills Research *Assuming no mansion tax but allowing for revision of the council tax system. NB: These forecasts apply to average prices in the second hand market. New build values may not move at the same rate.
Our table below forecasts values for prime markets over the next five years, we've also included an idea of how this could be affected if a mansion tax is implemented, using a rate estimated by Savills.
TABLE 3Prime Markets | Five-year forecast values*
TABLE 3Prime Regional | With mansion tax scenario
Source: Savills Research *Assuming no mansion tax but allowing for revision of the council tax system **Assuming the mansion tax is introduced in 2015. NB: These forecasts apply to average prices in the second hand market. New build values may not move at the same rate.
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