Prime property prices rose by an average of 7 per cent in 2013, with particularly strong performance in London, the South East and East Anglia.

Savills Research has published an interactive map of property prices over both the last 12 months and the previous 5 years to give you an insight into how each market in the UK has performed.

While London has continued to perform strongly, with areas such as Fulham and Battersea seeing rises of around 22 per cent, these increases in value have also radiated out to surrounding regions. Reigate, Oxford and Loughton have all seen rises of 14.5 per cent, 10.5 per cent and 9.4 per cent respectively.

However, some areas have also seen dips in value with prices dropping across Scotland, as well as in the West Midlands and other markets.

The highest price increases over the last 5 years have been seen in London with Battersea prices rising 91.3 per cent since 2008 - although areas in the South East such as Sevenoaks and Henley have also seen rises over 25 per cent - with Weybridge values up by 41.3 per cent. 

The biggest drops since 2008 have been seen in Cornwall (11.6 per cent), Chester (12.7 per cent) and Glasgow (12 per cent). 

Over the next five years Savills Research predicts that prices in the mainstream market will continue to rise, with an average increase of 6.5 per cent forecast for 2014 and as much as a 25 per cent rise by 2018. These increases also won't be restricted to London, with both the South East (31.9 per cent) and East (30.7 per cent) set to outperform the capital and Scotland (19.3 per cent) and the West Midlands (23.4 per cent) to see healthy predicted rises.

For more information about what we expect to see in the next 5 years, read our Residential Property Focus Q4 2013 report.

distributed by