House prices ‘to rise 24%’

THE average house price could be £35,000 higher by 2024, a report predicts.

Estate agent Savills expect the mean UK value to lift from £231,000 in 2019 to £266,000 over five years – with the north outperforming the south.

Despite initial drag from “Brexit angst”, values are predicted to rise 24% in the North West, but London prices could go up just 4%.

Savills’ Lucian Cook said: “Markets further from the capital have greater capacity for price growth.”