With house prices set to grow faster in the regions than in London, we reveal Britain's new property hotspots
Move over, London. Next year, and for a few years to come, the property market’s hottest spots will be in the regions. Two new studies – one by Savills estate agents, the other by property website Rightmove in association with quantitative analysts Oxford Economics – identify the South East and the East of England as the strongest markets both next year and in the next five years, when they’ll see an overall increase of 26.4% and 25.2%, according to Savills, or even 37.3% and 35.3% according to Rightmove/Oxford Economics. Growth in these regions will be driven by priced-out London buyers who move to the countryside in search of better value for money, according to Savills analyst Lucian Cook. But which are the cities and towns that are likely to see the greatest price rises in the near future?
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