UK house price expectations remain positive but signs of a 'post-election bounce' are largely confined to the capital.
Knight Frank and Markit's latest House Price Sentiment Index showed that households in all UK regions perceive that property prices rose in May.
But Londoners perceived the biggest rate of house price growth over the course of the month, with nearly two-thirds saying their home rose in value.
More than six out of 10 homeowners in the South-East and East also said they believe the property had risen in value in May.
Expectations for future house price rises accelerated to six-month high in London, in the wake of the surprise Conservative majority.
Grainne Gilmore, head of UK residential research at Knight Frank, said: "Londoners expectations for future price rises reached their highest level since November last year, perhaps reflecting the increased certainty in the outlook for property taxes in the capital."
But sentiment was more tempered in the rest of the UK, she said. "There is little evidence yet of an election bounce' in house price expectations, reflecting current market conditions.
"Activity is certainly picking up following the election of a majority government, and the certainty this has provided in the housing market.
"Demand is rising, but an increasing number of vendors are putting their homes on the market, and this is set to create more balance in terms of pricing."
Households in the East of England expect the strongest price rises over the next 12 months
Some 6.4% of UK households plan to buy a property in the next year, Knight Frank found.
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