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How much could your home be worth in 2030?

How much could your home be worth in 2030?

house prices in 2030

 

Online estate agents Emoov have constructed a map containing their predictions for the UK property market in 2030 and it’s quite staggering. Their predictions are based upon the 84% rise in house prices that occurred between 2000 and 2015 and how that could transform the property landscape in the UK if history were to repeat itself between 2016 and 2030.

 

Within the period 2000 to 2015 the UK housing market has seen a boom and bust following the credit crisis and some economists warn that the property bubble could burst again if rapidly increasing property prices do not slow. If Emoov’s predictions are correct it would become extremely hard, if not impossible for a great number of people to get on the property ladder.

 

So, how much could your home be worth in 2030?

East Sussex – £556,604

West Sussex – £604,155

Surrey – £919,645

Kent – £515,719

London – £1,076,960

To ensure your mortgage is the best fit for your situation contact us for a review. We specialise in remortgages, first time buys, buy to lets and homebuyer mortgages. Call one of our friendly team on 01273 736536.

 

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