Average UK house price growth will slow in 2007, according to Knight Frank Residential Research.

The report estimates that average UK property prices will appreciate by 6% during 2007, down from an estimated 9% in 2006.

Property price growth in Scotland and Northern Ireland is expected to lead the way, with prices expected to grow by 9% and 10% respectively.

Liam Bailey, Knight Franks head of residential research, said: "The boom seen in central London in 2006, with prices rising by up to 25 percent in some micro-locations, will spread with equity-rich London and Home Counties buyers moving into prime regional markets and competing with local buyers."