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Mainstream house price change forecast in London 2020-2024

The statistic displays a five year forecast for mainstream house prices in London from 2020 to 2024. The coronavirus (covid-19) pandemic and the two months of lockdown have caused serious economic impact and according to experts, this is likely to contribute to a relatively low price growth of 1.5 percent in the second quarter of 2020 and no change in 2021. The housing market is forecast to head towards recovery in the coming years - with a steeper price growth of four percent in 2023.

Annual price change forecast of mainstream housing in London from 2020 to 2024

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Source

Release date

September 2020

Region

United Kingdom (England)

Survey time period

September 2020

Supplementary notes

The source adds the following information: "These forecasts apply to average prices in the secondhand market. New build values may not move at the same rate"

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Statistics on "Residential property market in London (UK)"

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