{"id":5806,"date":"2017-09-04T14:28:25","date_gmt":"2017-09-04T14:28:25","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=5806"},"modified":"2017-09-04T14:28:25","modified_gmt":"2017-09-04T14:28:25","slug":"uk-property-prices-rise-56-next-decade","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-us\/news\/uk-property-prices-rise-56-next-decade\/","title":{"rendered":"UK property prices to rise by 56% over the next decade"},"content":{"rendered":"

The <\/span>latest research <\/span>from online estate agent <\/span>eMoov<\/span> has revealed that property prices will continue to surge ahead during the next decade. The research suggests<\/span>\u00a0that<\/span>,<\/span> even if the market continues <\/span>to grow at a slow rate of<\/span> 0.37% a month, the average UK house would still hit \u00a3347,757<\/span> \u2013 <\/span>an increase of 56% over the next <\/span>decade.<\/span><\/p>\n

London has seen a real slowdown in price growth since <\/span>Brexit<\/span> and so<\/span>,<\/span> although the capital would <\/span>remain<\/span> one of the most expensive cities in the UK (along with Oxford)<\/span> according to <\/span>eMoov<\/span><\/a>, it would have seen one of the lowest percentage increases in value.<\/span><\/p>\n

Nottingham <\/span>however <\/span>tops\u00a0of the table in terms of monthly prices growth since <\/span>Brexit<\/span>, up 0.80% a month on average meaning the <\/span>average house price would increase 160% from the current \u00a3133,215 to \u00a3346,592 by 2027.<\/span><\/p>\n

\u201cWith latest industry figures indicating an end to the post-<\/span>Brexit<\/span> market slowdown that has seemingly plagued the market over the last 18 months, many UK homeowners will be breathing a sigh of relief, despite having still enjoyed a notable annual inc<\/span>rease in their property\u2019s value,\u201d commented <\/span>Russell Quirk<\/span>, f<\/span>ounder & CEO<\/span> of <\/span>eMoov.co.uk<\/span>. \u201c<\/span>Although these recent slower rates of price growth are unlikely to persist going forward, and we are by no means predicting they will, this research demonstrates that the outlook would still be rather positive and far from the apocalyptic prophecy\u2019s many have talked the market down with since the <\/span>Brexit<\/span> vote.\u201d<\/span><\/p>\n

The rising prices are resulting in changes to the housing market<\/a> in general, with ‘Generation Rent’ numbers growing significantly as people must save for longer<\/a> in order to get onto the property ladder.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The latest research from online estate agent eMoov has revealed that property prices will continue to surge ahead during the next decade. The research suggests\u00a0that, even if the market continues to grow at a slow rate of 0.37% a month, the average UK house would still hit \u00a3347,757 \u2013 an increase of 56% over the… Read more »<\/a><\/p>\n","protected":false},"author":1955,"featured_media":4338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-5806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk-housing-market"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/5806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/users\/1955"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/comments?post=5806"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/5806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media\/4338"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media?parent=5806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/categories?post=5806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/tags?post=5806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}