The number of homes for sale in the UK fell to a record low in November 2015 according to a report from the Royal Institution of Chartered Surveyors. Average of just over 45 properties were listed for sale per surveyor, marking the lowest figure since comparable records started in 1997.
Potential home buyers looking to start the year with a new home could be disappointed with a shortage of properties in some parts of the country, an issue that many estate agents have been reporting throughout 2015.
First time buyers often kick start the market that allows homeowners to move up the property ladder, and the government help to buy scheme has helped and according to some - may be responsible for rising house prices.
Supply and demand will also effect property prices.
Most Expensive Road to Buy a House
Victoria Road in Kensington, London is reported to be the most expensive street in England and Wales, with the average property costing over 8 million.
Close to Kensington Palace and the Albert Hall the average property in Victoria Road costs £8,006,000 according to research from leading high street bank.
Kensington and Chelsea offers a glamorous lifestyle attracting many overseas buyers, and is home to twelve of the twenty most expensive streets.