Home price growth across the UK is forecast to pick up again in 2022, when values are set to rise 4%, and accelerate to 6.5% by 2023.
The research revealed that UK house price growth in 2024 would rise again, albeit at the slower rate of 4.5%.
According to the research, prices in the North West will rise the fastest compared to other regions, followed by Scotland and Yorkshire and Humber.
In contrast, London is expected to see the weakest growth over the next few years, with prices set to rise by 12.7% between now and 2024.