A number of housing hotspots for the coming year have been highlighted, with various towns in Scotland noted as areas where prices are expected to increase.
Research carried out by HBOS shows that Lochgelly in Scotland is the town where the highest house price growth in 2008 is expected, although it is also noted that parts of east London are likely to perform well ahead of the Olympic Games in 2012.
The findings also reveal that 48 per cent of towns in the UK have an average house price value of above £200,000. This compares to 21 per cent of houses five years ago.
Commenting on the findings, Colin Kemp, the managing director of Halifax estate agents said: "Some areas will continue to be in high demand next year with property prices rising accordingly despite the expected subdued outlook across the market as a whole."
He added that areas that have good transport links to major centres but that still have relatively low average prices are likely to perform well throughout the coming year.
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