2023 Property Market Predictions: What Will Happen to UK Property?
2022 was a fantastic year in terms of capital appreciation, as house prices snowballed over the course of the year.
The average house price in the UK as of October 2022 was £296,000. When compared to the average price of December 2021, £ 275,000, you can see that this is a sizeable level of growth.
Some areas of the UK saw even higher levels of growth, such as the North-West. Thanks to property hotspots like Manchester and Liverpool, this area of the UK experienced annual growth of 16.1%, significantly higher than the national average.
However, it is unlikely that this
