House Prices Increase 10.2% in a Year, So What is in Store For 2022?

House Prices Increase 10.2% in a Year, So What is in Store For 2022?

It's no secret that the housing market is booming. With 10.2% annual increase in house prices, will they keep increasing in 2022 or is a crash on the horizon?

House prices have continued to accelerate through 2021. Here's a roundup of the past year for the property market and some predictions of what may be to come in 2022.

2021
  • Average house price increased by 10.2% in the UK with the Northwest sitting at 9.8%.
  • The average price of a property in the North West now sits at £195,325
  • The average price of a property in the UK is now £268,000 which is £24,000 more than the year previous.
  • London has seen the lowest annual growth at 6.2%
  • 2021 saw the highest number of property transactions recorded since 2007.
  • At the back end of 2021 7 out of 10 properties listed on Rightmove were under offer compared to just 2 out of 10 in 2012.

What are the predictions for 2022?
  • Rightmove predicts that house prices will continue to increase, but by smaller margins. It is predicting a 5% increase in 2022.
  • The continued imbalance of properties for sale against the high volume of buyers is what will cause the upward push in prices.
  • Rightmove does however predict that more properties will come to the market after seeing a 19% increase in valuation requests at the end of 2021.
  • Movers should begin to see more available stock and good mortgage availability as we move through 2022.

So is now a good time to sell up and move? Get in touch with us to discuss why now might be the right time to sell or get an accurate up to date valuation.

Contact us:
Bebington Branch
0151 644 6000
lesley@lesleyhooks.co.uk

Bromborough Branch
0151 334 5875
rachael@lesleyhooks.co.uk

Click HERE for a free instant online valuation. 


*Data provided by rightmove, the ONS and the UK Gov*


Get in touch with us

The rental market remains active in May 2026, but conditions are changing. Demand is still strong, rent growth has eased, and tenant expectations are rising. Here is what landlords should be thinking about now.

An update on what’s really happening in the UK property market right now. From steady prices to motivated buyers and improving affordability, we break down why 2026 is shaping up to be a great time to make your move.

With the Renters' Rights Act in force from today 1st of May 2026, here's a handy guide of what landlords need to know going forward.

April is a good time for buyers to focus on readiness rather than guesswork. In a market where choice has improved but confidence remains mixed, being organised can make all the difference when the right home comes along.