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Oxford Economics 5 Year Property Growth prediction table below:

13/08/2014

(average house prices)

http://www.oxfordeconomics.com/Media/Default/landing-pages/rightmove/Rightmove-and-Oxford-Economics-TRADE-FINAL.pdf

[start quote]

“The report claims to be “the most comprehensive house price forecast of its kind ever created, based on property and economic data rather than opinion and short-term market factors. It takes into account both asking and sold prices, surveyor valuations and analytics from the Oxford Economics’ global, industry and regional forecasting models.”

[end quote]

 

Rightmove/Oxford Economics forecasts

Region

2014

Growth

2019

London

£539,903

32.5%

£715,267

East

£252,111

35.6%

£341,791

East Midlands

£138,787

25.0%

£173,503

South West

£198,050

31.8%

£260,938

North West

£140,163

24.3%

£174,289

South East

£275,842

37.3%

£378,636

West Midlands

£152,256

26.5%

£192,644

Wales

£140,294

25.9%

£176,695

Yorkshire and the Humber

£146,440

27.9%

£187,247

North East

£121,852

25.0%

£152,363

National

£244,192

30.2%

£317,967

 

 

 

 

Fastest forecast growth areas (Rightmove/Oxford Economics forecasts)

Region

2014

Growth

2019

Southampton

£224,856

42.9%

£321,399

Luton

£197,678

41.0%

£278,734

Brighton

£256,189

40.6%

£360,254

Swindon

£182,159

40.4%

£255,769

Enfield

£381,119

39.5%

£531,483

 

 

 

 

Slowest forecast growth areas (Rightmove/Oxford Economics forecasts)

Region

2014

Growth

2019

West London

£935,694

13.6%

£1,063,066

Carlisle

£136,720

17.4%

£160,541

Lancaster

£155,183

18.1%

£183,343

Manchester

£144,535

18.8%

£171,744

Northampton

£153,876

20.5%

£185,379

 

 

More about the specific report here >>

http://www.oxfordeconomics.com/recent-releases/new-forecast-house-prices-to-rise-30pc-in-england-and-wales-by-2019

 

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