National house prices have increased at fastest rate in decade

National house prices have increased at fastest rate in decade

Demand for homes with bigger gardens, multi million-pound country houses and properties by the sea have driven house prices in prime markets outside London up by 8.5% year-on-year.

House prices outside London have increased at fastest rate in decadeThe increase is the strongest growth since 2010, according to the research from estate agent Savills.

“Whichever way you look at it, the past year has been about buyers with the means to do so looking for more space both inside and out.”

Lucian Cook, Savills head of residential research

Homes in some parts of Britain may still have a way to go to reach their price “ceiling”. Read more on this article from ITV News >

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