Looking at the regional forecasts, the clear north-south divide in property market performance seems set to continue.
| 2025 | 2026 | 2027 | 2028 | 2029 | 5 Years to 2029 |
North West | 5.0% | 7.0% | 6.5% | 4.5% | 3.5% | 29.4% |
North East | 5.0% | 6.5% | 6.0% | 4.5% | 3.5% | 28.2% |
Yorkshire and the Humber | 5.0% | 6.5% | 6.0% | 4.5% | 3.5% | 28.2% |
East of England | 2.5% | 5.0% | 4.5% | 3.5% | 3.0% | 19.9% |
South East | 3.0% | 4.0% | 3.5% | 3.5% | 2.5% | 17.6% |
London | 3.0% | 4.0% | 3.5% | 3.0% | 2.5% | 17.1% |
While stronger growth is predicted for all regions, the southern regions of South West, East of England, South East, and London are all forecast to experience less growth than the UK average. The London property market is at the bottom of the table with a forecast of 17.1% capital growth leading up to 2029.
Northern regions such as the North West, North East, and Yorkshire and the Humber are predicted to outstrip the UK average with growth of nearly 30%. In these more affordable markets, Savills notes there is room for higher price growth and potential for annual growth of between 6% and 7% across the North of England during 2026 and 2027.
The North West continues to sit at the top of Savills’ ranking and is now forecast to see 29.4% growth in 5 years to 2029, an even higher prediction than the previous forecast of 28.8%.
The North West’s strongly performing property market has led to many property investors looking to this region for appealing investment opportunities. RWinvest’s latest off-plan launch, West One, is located in Manchester and investors are primed to benefit from both strong rental demand and forecasted capital growth.