Prime residential property price change in the UK 2021, by location and period
Quarterly and annual growth tracking of changes in prime residential property prices in the United Kingdom (UK) up to March 2021 shows increases of up to 5.7 percent in prices. When the observation period was expanded to five years, an increase of 13.6 percent in prices of city prime properties was reported. The property type with the highest annual price growth was prime real estate in rural areas, followed by city properties. Nevertheless, compared with 2007 peak prices, rural properties still underperformed.
According to the forecast, prime property prices will continue to grow in the period between 2021 and 2025.
According to the forecast, prime property prices will continue to grow in the period between 2021 and 2025.
