UK house prices 'to soar 30% by 2019'

UK house prices are predicted to climb by 30% by 2019, according to the CBRE. The real estate operator claims UK house prices will climb 12% in the next 12 months as the market plays catch-up with prices rises in the capital.

However, prices in many parts of the UK still remain well under peak levels - and the expected arrival of an interest rate hike at some point this year is likely to undermine consumer confidence (as well as drive up the cost of borrowing).

So, is a 30% uplift in prices realistic? %VIRTUAL-SkimlinksPromo%