The housing market has been surprisingly resilient this year

The capacity for house prices growing in London over the next five years is limited, according to property giant Savills, while Scottish and Northern prices are set to soar.

By 2030, prices in the North West of England are expected to rise nearly a third to sit just 15 per cent below the UK average, narrowing from a near-30 per cent gap in 2020.

London prices, meanwhile, are set to increase just 13.6 per cent to 33 per cent above the average – down from 70 per cent in 2017.

“Since 2016… the more affordable regions in the North and Scotland outperform[ed] the UK average, and capacity for growth in London and the South is more limited,” Dan Hill, research analyst at Savills, said.

“In the absence of any whole market price co

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