House prices will rise by more than £50,000 in some areas over the next five years, Savills forecast, as it mapped out potential property gains across the UK. The typical value of a home across the country will rise 13 per cent by the end of 2021. However, the biggest monetary gain is tipped for the South East, where higher prices combined with a larger percentage (17%) increase led to a forecast rise of £53,200 over five years. And the South West is forecast to enjoy a 14% increase by 2021 producing an average price of £272,000.
