The year is coming to an end and, for London properties, the news remains looking good. The year looks to end on a high, with the forecasts for next year remaining excellent for property in the capital. The rising house prices and strong market makes for excellent news for all investors. In fact, if you haven’t already, then this may be the best time to take the step and make a property investment in London.
The gains that many investors are seeing are incredibly strong and with the forecasts remaining optimistic about continuous growth, those who invest now could very well see a strong return later.
The capital as a whole remains optimistic about the growth of housing prices. Prices are estimated to grow by over 29% in the next five years, with an estimated growth of 5.5% next year alone. Prices, of course, vary depending on the property, with reports indicating that over the past few months, the values of some properties have shot up by over 50%. Recently, a £1m council flat was seen for sale, a sign of the incredible demand for London property and the huge amount of value increases over a period of time.
Though prime property appears to be falling, most other properties are seeing significant increases. This means that, potentially, everyone can invest in a property without having to worry about whether or not they must buy one of the prime, multi-million pound properties just to see significant gains on their investment. In fact, it’s the suburbs of London which are growing significantly in terms of value, in comparison to the prime property of central London.
If you are looking to make an investment in this strong housing market, then you can depend on our team to help you with all manners of property investment and estate management in Greenwich and the rest of London. If you’re looking for investments for sale, we can help you to find the right properties. We can even provide a thorough review of your portfolio and any existing properties that you own to ensure that you are getting the most out of them. With the market as strong as it is, you simply cannot afford to pass up on this opportunity.