1. Northern Ireland (+5.6%)
Northern Ireland saw a 5.6% increase in house prices, the highest rise in the UK. This growth is driven by a strong demand for both urban and rural properties, along with improvements in the local economy. The area’s relatively low property prices, compared to other parts of the UK, have made it an attractive option for buyers and investors looking for better value.
2. North West (+2.3%)
The North West of England has experienced a 2.3% rise in house prices. Cities such as Manchester and Liverpool have led this growth, thanks to regeneration projects, job opportunities, and improved transport links. The region’s lower housing costs, in comparison to the South, continue to attract buyers seeking more affordable options.
3. North East (+2.0%)
The North East saw a 2.0% rise in house prices. Economic recovery and more job opportunities have supported the demand for housing, particularly in cities like Newcastle. The region’s affordability and quality of life make it an attractive place to live, drawing people from other parts of the UK.
4. Scotland (+2.4%)
Scotland has experienced a 2.4% increase in house prices. Cities like Edinburgh and Glasgow have driven this rise, with a strong economy, investment in infrastructure, and growing industries, such as tech. The country’s natural beauty and the appeal of living outside major cities continue to attract people from both within the UK and beyond.
5. Yorkshire & Humberside (+2.0%)
House prices in Yorkshire & Humberside increased by 2.0%. Areas like Leeds, Sheffield, and York have seen steady growth due to the region’s strong economy and affordable housing. The proximity to major transport links and the combination of city life and countryside make the area a popular choice for people moving for work or lifestyle reasons.
7.West Midlands (+1.6%)
The West Midlands saw a 1.6% increase in house prices, driven by growth in cities like Birmingham. Regeneration projects, improvements to infrastructure, and an expanding job market, particularly in finance and tech, have all contributed to the rise in property values. The region’s appeal continues to grow as it becomes more attractive to both businesses and residents.
8. Wales (+1.4%)
Wales experienced a 1.4% rise in house prices, with growth particularly notable in Cardiff and Swansea. The region offers more affordable housing compared to England, which, combined with rising local employment and the desire for more space, has led to increased demand. Wales’ natural beauty and outdoor lifestyle continue to attract those looking for a quieter life.
9. South West (+1.3%)
The South West saw a 1.3% rise in house prices. Cities like Bristol, Exeter, and areas along the coast have contributed to the increase. The region’s strong economy, driven by industries such as tech and healthcare, along with its scenic locations and high quality of life, make it a desirable place to live.
10. East Midlands (+1.1%)
The East Midlands experienced a 1.1% increase in house prices, with cities like Nottingham, Leicester, and Derby seeing consistent growth. The affordability of housing, along with an expanding job market in manufacturing and tech, has made the area more attractive to buyers. Its central location and good transport links add to its appeal.
11. London (+0.9%)
London saw a modest 0.9% increase in house prices. Despite being the UK’s most expensive market, areas on the outskirts of central London have seen more significant price increases as buyers look for more affordable options. The city’s economic strength and global status continue to attract people, though the high cost of living remains a barrier for some.