The Centre predicted a typical three-bedroom semi would rise from the predicted 2010 year-end price of £172,500 to £203,200 by the end of 2013 if the surge – from the beginning of this year – materialises.
Chief executive Douglas McWilliams said: “House prices will be notably higher in three years than they are today.”
Stuart Law, chief executive of Assetz, said: “These latest figures confirm that the UK housing market is well advanced on its path to recovery. Post-election we would expect to see house prices continue to firm up as a result of renewed consumer confidence in the market, with a Conservative majority encouraging the highest levels of growth.”
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