How the exodus to the country will shift house prices in Britain in the next five years
New research from Savills predicts that property price growth in London will be outstripped by every other part of the country in the next five years. Rachael Turner takes a look.

Planning an escape to the country? You're not alone. More and more of us are joining the 'race for space' as work patterns shift and we rush to move away from the nation's big cities — and the latest research suggests that will have a significant impact on house prices.
Savills predict that property prices across the UK are set to rise 21.1% over the next five years — but the spread of growth will not be equal. Property markets furthest from the capital will see the strongest growth, the agents suggest, with London expected to have the weakest percentage house price growth in Britain.
Leading the way will be the North West and Yorkshire & The Humber, with 28.8% and 28.2% increases respectively. London will see less than half that growth, with a 12.6% rise expected by the end of 2025. Country house prices are set to increase by 20.5% in the same timescale, driven by a desire for space and lifestyle changes.
- Country houses for sale in Yorkshire
- Best country houses for sale this week
- Beautiful character properties under £400,000
- What you need to know before moving to the country
'The move to the country trend shows no sign of slowing,' says Lucian Cook, Savills' head of residential research. 'In particular, this points to a continuation of the country house revival and a demand for lifestyle relocation and second homes that will favour locations such as Devon, Dorset, Norfolk and Suffolk.'
Region | 5-year growth |
North West | 28.80% |
Yorkshire and The Humber | 28.20% |
East Midlands | 24.00% |
West Midlands | 24.00% |
Scotland | 22.80% |
Wales | 22.80% |
UK average | 21.10% |
North East | 20.50% |
South West | 18.70% |
South East | 17.00% |
East of England | 17.00% |
London | 12.60% |
Source: Savills
Savills also points to the easing of lockdown measures, the speed of the vaccination programme and government support of the housing market as contributing factors to the healthy market.
Those changes in the market have been reported since last summer by agents, but they received fresh impetus in the budget on 3 March, which brought an extension to the Stamp Duty holiday until the end of June. There was also a move to help shore up the lower rungs of the property ladder, with help for those with small deposits — typically first or second-time buyers — in the form of government guarantee to encourage lenders to offer 95% mortgages.
Exquisite houses, the beauty of Nature, and how to get the most from your life, straight to your inbox.
'The expectation that interest rates will stay lower for much longer than was predicted pre-pandemic, means there remains capacity for medium-term house price growth despite the unexpectedly strong performance of last year,' adds Mr Cook.
'Across the country as a whole 5-year price growth of around 20% looks sustainable without unduly depleting mortgage affordability.'
Meanwhile, home-hunters have been warned to expect longer buying timelines due to estate agents 'making hay while the sun shines'.
Property platform WiggyWam reports that the extension to the stamp duty holiday would lead to an influx of buyers and a greater work burden for agents and lawyers, leading to lengthier processes.
Nine things every city dweller needs to know before moving to the country
Moving out of the city into the fabulous British countryside is a dream for millions. But there are a few
Credit: Savills
14 country houses for sale from £645k to £4.95m, as seen in Country Life
We take a look at some of the homes to appear on the market via Country Life in recent weeks.
-
19 charming homes for sale, from picture-perfect cottages to beachside retreats, as seen in Country Life
This week's selection of some of the best homes to come to the market via Country Life this week.
By Toby Keel Published
-
You can’t always rely on the Great British summer — but you can rely on its watches
British watchmakers have excelled themselves in recent months — releasing bright and beautiful timepieces that you'll want on your wrist through summer, and beyond.
By Chris Hall Published
-
19 charming homes for sale, from picture-perfect cottages to beachside retreats, as seen in Country Life
This week's selection of some of the best homes to come to the market via Country Life this week.
By Toby Keel Published
-
Tim Burton is selling the house he shared with Helena Bonham-Carter, a sublime home on the Thames that comes with three private islands
Mill House in Sutton Courtenay, Oxfordshire, might just be the perfect English country home.
By Rosie Paterson Last updated
-
A spectacular tower for sale that's a blend of Victorian folly, architectural marvel and 21st century family home
Hadlow Tower has space, and a back story of love, jealousy and intrigue.
By Toby Keel Published
-
A spectacular, light-filled home on the Isle of Wight where you can see the water from practically every window
Penny Churchill takes a look at the grand and impressive Fishbourne Quay House.
By Penny Churchill Last updated
-
The former stables — and recording studio for the Pet Shop Boys — transformed with a magical blend of city and country aesthetic, now seeking a new owner
In the heart of Clerkenwell, what was once a Victorian industrial unit is now a beautiful home.
By Toby Keel Last updated
-
The Good Life 2025? A development promising 'Britain's greenest homes' blends zero carbon, organic allotments and a touch of luxury in the Kent countryside
Hartdene Barns, sitting on a disused dairy farm in Kent, is a vision of what sustainable living one day mean for all of us.
By Annunciata Elwes Published
-
Breathtaking views and gardens that run down to the water's edge at this delightful home in Cornwall
The Garden House in Polruan sums up the appeal of waterside living. Penny Churchill steps inside.
By Penny Churchill Published
-
A 500-acre estate that spent 11 centuries in the same family, for sale for only the second time in its history
In the beautiful hills of north Wales the Garthewin estate has come up for sale, including a great country house once restored by the architect who created Portmeirion. Penny Churchill takes a closer look.
By Penny Churchill Published