Sussex will be among the areas to show the strongest property price growth between now and 2019 as buyers look for value outside the capital.

Estate agent Savills said London house prices will flatline in 2015 and will grow at half the rate of those across the country generally for the next five years.

But as prices continue to head upwards, the firm also predicts that the number of households which are privately renting in England and Wales will surge by 1.2 million over the next five years as the struggle for younger generations to get on the housing ladder continues.

Savills forecasts that UK house prices will increase by around 19.3% by the end of 2019 to reach £225,250 on average, which is around £36,500 more than the current typical property value.

But values in London will only see 10.4% growth across the five-year period, with prices in the capital already having jumped by around 15% this year alone, it predicts.

This prediction would mean the average London house price increased to £442,783 by the end of 2019, which is around £41,700 more than it is now.

Savills has pencilled in 0% growth for property prices in London across 2015.

Prices should then start to lift there again from 2016 onwards, it said.

By contrast, the South East will see prices jump by 26.4% over the coming five years, taking the average property value to £296,244, according to the forecast.

Savills said the London market would take a pause next year as it now looked "relatively fully valued" and surging prices had already prompted a change in buyer sentiment.

It said prices would increase at a faster pace in the surrounding southern regions "as buyers priced out of London seek relative value beyond the capital".

The research was made using house price figures from Nationwide Building Society as a base.

Savills also predicts that tougher mortgage regulation and an "acute housing shortage" will mean the number of private rented households in England and Wales swells by 1.2 million over the next five years.

It predicts that by the end of 2019, only 16% of people aged under 35 will be homeowners, compared with 28% now.