HOUSE prices in Farnham are predicted to rise by as much as seven per cent in 2014, as estate agents across the town report a dramatic upturn in the property market.

Farnham's housing market, like the rest of Surrey and the UK, stagnated during the credit crunch, with fewer homeowners selling up and average prices remaining at 2008 levels.

However, the nearby London market bucked this trend, and many of the capital's surrounding suburbs are experiencing a knock-on rise in value and demand.

Latest Land Registry figures show the average price paid for houses in Surrey increased by 4.6 per cent between January 2013 and December 2013, climbing from £304,030 to £318,780.

For full story, see this week's Farnham Herald.