The average property value increased by £2,400 last year. But where was it the most?
Where in the UK homes are increasing and decreasing in value the most
More homeowners have seen their property increase in value last year, compared with 2023, according to latest calculations.
Around half of UK homes increased in value by 1% or more in 2024, Zoopla estimated.
Whilst 2024 saw a broad recovery of house prices, around a third of homes recorded price declines of 1% or more last year, equating to just over nine million properties.
Just under six million homes last year recorded broadly static prices, according to Zoopla’s calculations.
The falls in property values tended to be more concentrated across southern England, as higher mortgage rates reduced buying power, Zoopla said.
Where in the UK homes are increasing and decreasing in value the most
https://www.independent.co.uk/news/uk/home-news/property-price-increase-map-uk-b2678867.html