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Can anything stop the UK house price surge?

It's the U.K.'s favorite topic of conversation, one of its national pastimes, and the chatter is set to start all over again with the British housing market looking like it has already kicked back into life.

A plethora of different data types mean that statistics can swamp and confuse anyone looking to gauge the current climate. Property website Rightmove just announced its busiest month ever for house hunters, Halifax saw its biggest January monthly price increase since 2009 and the Bank of England has reported a pickup in mortgage lending.

"Credit availability is improving again," James Knightley, the U.K. economist at ING told CNBC via mail. "I think demand could strengthen through the year."

Robert Wood, the chief U.K. economist at Berenberg, agrees, putting it down to lower borrowing costs, better consumer confidence and cheaper fuel costs that effectively mean that real incomes are rising again.

Chris Ratcliffe | Bloomberg | Getty Images

"Reports of the death of U.K. housing have been overdone. I look for prices to gain 5 percent this year for the U.K. as a whole," he told CNBC via email.

Howard Archer, chief U.K. economist at IHS Global Insight, is another expert estimating a 5 percent climb in house prices this year, telling CNBC via email that he suspects the weakness in activity is "bottoming out."

This optimism comes after a plateau at the end of last year that saw many house-sellers having to accept cuts after a sizeable housing boom. Anecdotal evidence suggested that homeowners were selling up for 6 percent lower than asking prices as the market came to a grinding halt. General elections – and the U.K. is heading for one on May 7 — also traditionally put a cork in market activity with uncertainty over future government policy.

Not all metrics have caught up with the current mood, however. The Royal Institution of Chartered Surveyors report that house prices rose last month at their slowest annual pace since May 2013. The organization has noted a particular slowdown in London, which has been at the forefront the housing boom of the last two years.

"I think we will see London underperform given more properties will be subject to higher stamp duty rates," said Knightley, noting the new changes to tax levies when purchasing homes.

London market conditions continue to deteriorate with prices, buyer enquiries and sales falling, said Simon Rubinsohn, the chief economist at RICS, in a press release last week. But like any housing data, it can be patchy. An estate agent operating in the south east of the capital told CNBC that January had been his "best month on record" and signaled better times ahead for buyers, sellers -- and presumably, himself.