top of page
Search

Property Prices To Increase by £80,000!

  • Writer: Michael Sacks
    Michael Sacks
  • Nov 6
  • 2 min read

Yesterday, on Bonfire Night, Savills released their latest Property Market Outlook. They are predicting that UK house prices are set to rise 22.2% by 2030, adding around £80,000 to the average property value. 

Why is this big news?


It’s big news because the Savills forecast marks a turning point for the UK property market — signalling the end of the downturn and the start of a new growth cycle after several stagnant years.


ree

Here’s why it matters:



Confidence is Returning


After two years of flat to little price growth due to high interest rates, a credible forecast of 22.2% growth gives both investors and developers renewed confidence.


It suggests the market has weathered the worst of the rate shock and is poised to recover — a signal that property could outperform other asset classes once again.



It Confirms the Market’s Resilience


Despite economic headwinds, Savills expects steady gains across the next five years. That reinforces the long-held view that UK property remains a stable, appreciating asset, underpinned by chronic undersupply and strong rental demand.


It Shapes Strategy Across the Industry


From institutional funds to private landlords, everyone recalibrates their models when a forecast like this lands.It influences:


  • Where developers build new homes

  • How investors adapt their portfolio building strategy

  • How landlords structure portfolios for yield and capital growth



It Comes at a Political and Economic Crossroads


The forecast coincides with optimism of rate cuts and a post-election policy reset, both of which could reshape investment sentiment.


In short, it’s a signal that the UK property market is moving from recovery to growth — and that’s big news for anyone holding or entering the market.


Should we be listening to Savills?


Savills’ forecasts carry weight because they’re one of the most credible and influential voices in UK and global real estate. Investors, lenders, and developers listen to their reports and make important decisions based on the data they release


Will these predictions be correct?


Historically Savills’ predictions aren’t too far wide of the mark. They certainly bode well for the market and will lead to greater activity.

What do I think?


As you all know I’ve been investing in property since 2010. Property prices have been relatively flat for the last few years, largely due to a combination of Brexit, Covid aftereffects, inflation, interest rate growth and political uncertainty. Whilst there remain societal issues for us as a country to deal with, the UK property market has held firm through this period of turmoil. So are we heading into a boom period of property growth? Probably.


Demand continues to outstrip supply and therefore with everything else being equal, prices can only go one way. Upwards.

To read the full market forecast click the link below:




 
 
 
bottom of page