Price boom­fore­cast across the coun­try

Yorkshire Post - Property - - PROPERTY -

AVER­AGE house prices will rocket by al­most 30% over the next five years, pre­dict Ch­ester­ton Hum­berts.

The es­tate agency says they will rise by 5.5% this year with a to­tal growth of 28.7% by 2017.

It adds that the South will con­tinue to out­per­form the rest of the coun­try, but York­shire won’t be far be­hind. The county will see a to­tal growth of 25% along with the East Mid­lands. Else­where, the West Mid­lands should see a 19.6% rise, the North West 18.3% and the North East 11.8%.

Head of Re­search, Nick Barns, says: “There has been a no­table uptick in mar­ket ac­tiv­ity so far this year, in no small mea­sure due to the greater avail­abil­ity of record low mort­gage deals.”

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