Rob discusses the recent trends in UK house prices, highlighting a modest increase of 0.1% in January, bringing the average price to £268,213, with a year-on-year growth of 4.1%. The episode delves into the implications of rising mortgage rates and the potential impact of upcoming decisions from the Bank of England. Additionally, Rob emphasises the significance of infrastructure projects, particularly the new railway between Oxford and Cambridge, which is projected to necessitate 15,000 new homes annually to support growth.  KEY TAKEAWAYS In January, the average house price in the UK rose to £268,213, reflecting a 0.1% increase from the previous month and a 4.1% increase year-on-year, although this is slightly lower than the 4.7% rise recorded in December. Mortgage Rates Impact: The slower-than-expected house price growth is attributed to rising mortgage rates, with upcoming discussions on rates by the Bank of England expected to influence future trends. Infrastructure Development: The Oxford to Cambridge arc is highlighted as a significant area for potential growth, with a new railway being constructed and a projected need for 15,000 new homes annually to support high growth. Investment Opportunities: Investors are encouraged to explore areas along the new railway route between Oxford and Cambridge, as infrastructure improvements typically lead to increased property values and development opportunities. BEST MOMENTS "The average house price... is £268,213 and that is up 0.1% from the previous month and that's a 4.1% increase year on year." "Research by Public First for the Oxford Cambridge Supercluster Board believes that actually 15,000 homes a year on average will be needed in order to reach a high growth trajectory." "Just because the report says that they need X amount of homes per year, that does not mean that those homes will get built." "Looking at infrastructure projects throughout the UK are very important because, again, it gives you an idea of what's going on and what's likely to come up as well." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS  Property FAQs = https://amzn.to/3MWfcL4   Buy To Let: How To Get Started = https://amzn.to/3genjle   101 Top Property Tips = https://amzn.to/2NxuAQL   uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast