Prime property market performing better in the north and outside of London

The UK’s prime regional and country house market held up better than expected in the first quarter of 2019 given heightened political uncertainty and fragile consumer sentiment, according to a new analysis. Average values remained unchanged in first three months of 2019 and fell by just 0.9% over the past 12 months, the latest report from international real estate adviser Savills shows. But performance varied between regions and value bands. All regions outperformed London, continuing a pattern seen since the Brexit vote and the strongest performing regions over the past year have been those furthest from London.