As many homeowners aim to sell their properties this spring, an expert anticipates good news for those in the North of England.
According to Mish Liyanage, CEO of the Mistoria Group, houses in this area could see a price increase of up to two per cent.
In conversation with GB News, Mish forecasted that property prospects would "shine brightest" in the North.
He predicted that Manchester, Liverpool, Bolton, Cheshire and parts of north Wales, in particular, could see the strongest performance.
Properties in Manchester, Liverpool, Bolton, Cheshire and parts of north Wales could see a price increase
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The property guru believes the region will benefit most from what he described as a "complex few months" in the market.
Thousands of homeowners in another part of the UK were also given good news as house prices soar by almost 14 per cent.
However, Britons with properties in the South could be disappointed, as prices may fall by around one to two per cent.
Mish stated: "The next few months will be complex in the market, and while regional variation is always a factor, I expect house prices to remain broadly stable through April and May.
"There are already signs of some downward pressure in the higher-value southern markets, but we are seeing a relatively stronger performance in the North West.
"Some parts of the South and South East could see a percentage drop in prices. But demand for quality property is keeping values buoyant in key cities like Manchester, Salford, Bolton and Liverpool, where yields remain attractive.
"Overall, I see a modest price correction - not a crash - primarily driven by affordability constraints and tighter lending, rather than a collapse in underlying demand."
While the latest property predictions spell good news for homeowners in the North, spring may not be the most optimal time for prospective buyers.
This comes as the Bank of England's base interest rate sits at 4.75 per cent, with inflation forecast to fall below 3 per cent by May.
Indeed, this continues to dampen buyers' appetites", leading first-time buyers to turn to rentals.
The stamp duty concession deadline (March 31, 2025) had focused buyers' minds, encouraging many to bring forward transactions.
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House prices are likely to remain stable throughout April and May
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However, as of April 1, stamp duty thresholds were lowered, which could change the pace and trajectory of Britons' buying habits.
Mish stated: "Now, we need to see how the market reacts when the concession is no longer available.
"Demand continues to be steady, particularly when it comes to the family home market with the scope to work from home.
"Homes which are well priced and well-presented are still selling relatively quickly; while buyers may pause to assess financial implications, high-demand areas are likely to retain interest."
Predicting what's next for the property market, Mish stated: "Landlords and investors who adapt to the new compliance regime, utilise local market expertise, and invest in modernising their properties, will continue to see sustainable returns."
