Though there have been fluctuations, property prices across the UK have soared over the last few years, which can make buying a house feel like an impossible task for the average earner. And that’s before we even take into account the higher mortgage interest rates.
Despite this, rising house prices in an area are a good indicator of growing interest in said area, and can sometimes indicate that a location has, or will soon have lots to offer residents, and could also prove to be a good investment for buyers in years to come.