Forecast of property prices in the UK for 2015 from the company Rightmove

The largest online real estate portal Rightmove in the UK sums up the year.

December 2014 was the highest fall in the price of residential property in the UK with around 3.3% of the Data for December has fundamentally affected the annual statistics. Now the annual growth rate was about 7 %, despite the fact that little more than a month ago, the annual price growth was at 8.5%.

Data from Rightmove, became another indicator of a slowdown of price growth across the UK.

However, the recovery of the housing market in the UK is in full swing across the country and, according to Rightmove forecasts that in 2015 the housing market in the United Kingdom will increase from 4% to 5%.

The cooling of the market in December was not a surprise for analysts Rightmove. Amid the growing uncertainty related to the results of the parliamentary elections in may 2015, many buyers and sellers postpone the deal in the second half of 2015.

In addition, the seasonal factor in December suggests that in this time of year usually sales less than usual. Those who come to the market in December, are bound by circumstances requiring a quick sale. Hence the small decline in prices.

The main sign of the ripple effect of price increases in the regions adjacent to London. Especially noticeable the price increase will be in the South East of England. London, under the effect of increased Stamp duty on expensive property and risk of the imposition of mansion tax is no longer a driver of growth in home prices. Be especially cautious buyers at the higher end of the London property market, where prices are more expensive than £2 million

® Alice Morgan 18.12.2014.

 ALBERT COURT, PRINCE CONSORT ROAD SW7 – £3,950,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3 – £ 5,950,000

FITZJAMES AVENUE, WEST KENSINGTON W14 – £ 2,300,000

HANS COURT, HANS ROAD SW3 – £ 13,950,000

HENRY MOORE COURT, MANRESA ROAD, SW3 £ 12,000,000

IMPERIAL CRESCENT, IMPERIAL WHARF SW6 – £ 4,550,000

KENSINGTON SQUARE, KENSINGTON W8 – £ 7,000,000

KNIGHTSBRIDGE SW1X – £19.5 million

MONTPELIER SQUARE, KNIGHTSBRIDGE SW7 – £13.3 million

ONE HYDE PARK, 100 KNIGHTSBRIDGE SW1X – £5,600,000

IMPERIAL CRESCENT, IMPERIAL WHARF SW6 – £ 4,550,000