Estate Agents fear that the housing market will drastically increase as we approach 2030.
Over the past 15 years the average house price has risen by an astounding 84%. New buyers are sure to be alarmed by the ever rising figures.
This ultimately results in the cost of an average London home rising to approximately £1 million. The average house pricing in England is estimated to reach the £500,000. In Whales and Scotland it is estimated to reach about £300,000.
The above pricing comes with vast uncertainties as the housing market might not be able to sustain such obstinate increases.
Chelsea and Kensington remain the most expensive areas to buy a house with the current average of £19m would increase by £3.4m. Barking and Dagenham are still the most affordable areas reaching about £453,000.
In the UK, England maintains the most expensive housing trajectory with some properties rising by £457,000 on average and some peaking at £500,000. The most costly area, the border country of Monmouthshire, will potentially rise by £442,141.
Scotland is surprisingly the most affordable region where the average property costs about £297,000. By 2030 Edinburgh would boast an average property price of £432,468. The most affordable area would be in North Lanarkshire reaching £200,600.
Despite house stress and price increases, Man & Vans are here to make sure that any move is affordable and effective. Do not worry about the moving process. Man & Vans will take great care in assisting you with the best possible help.
For more information or if you are interested in using Man & Vans for your next move, please do not hesitate to contact us on 020 7193 5486 or email us at sales@manandvans.com.
