The forecast price of the UK property from the company Angliyada

Prices for property in the UKhas slowed over the past two years, and in the Central part of London and completely fell. However, despite the geopolitical instability and the uncertainty associated with the UK out of the EU for the next five years is projected steady growth in property prices throughout England, Wales and Scotland .

Company Strutt & Parker, which specializiruetsya on the consultation on the market of real estate of great Britain, published its most recent report, according to which the growth in property prices in the same time, 2018, at 2.5%, a further 4% each year for 4 years, so the price increase is 18% over the next 5 years.

Meanwhile, not in all regions, the company promises growth. Thus, in Central London , as expected , prices will remain unchanged for this year.

About the market of elite real estate of London (mostly all properties in Central London falls into this category), the company Strutt & Parker has suggested two scenarios.

The first scenario is optimistic that the company called “Best”, promises the lack of price growth this year, then renewed growth of prices in 2019, 4%, 5% in 2020, and then by 6% in 2021 and 2022, a total of 23% growth in the coming 5 years.

In the pessimistic scenario, which the company Strutt & Parker has called “the Worst”, the price of luxury property in Londonwill fall by 5% this year, will remain unchanged, in 2019, will grow in 2020 1% 2021 2022 and 2% every year. This means that prices will not rise over the next five years, and will remain unchanged.

In fact, as a rule, is the third scenario, which lies somewhere in between – therefore, the prediction from Angleton , let’s call it “Careful” – price drop by 2.5% in 2018, a small increase, at 1.5% in 2019, rising prices of 3% in every year following 2020, 2021, 2022. Total price growth in Prime Central London for 5 years at 8% . Don’t forget to check the end of 2023, true whether our predictions!

® Alice Morgan. 14.05.2018 G.

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