Modest house price gains forecast for 2015

The most comprehensive opinion survey about house prices, undertaken among its members by the Royal Institution of Chartered Surveyors, predicts average gains of about 3% in UK house prices in 2015.

But it also show a mixed picture in London, where some areas may see falls because of the higher level of Stamp Duty introduced last autumn for expensive houses, with the average for the whole of London showing no gains at all.