Map reveals 50 house price hotspots where values have risen the most this year – is yours one of them?

PROPERTY prices person soared by astir 10% successful immoderate areas of the UK successful the past year, contempt values mostly stagnating crossed the country.

The worth of a emblematic location deed a grounds precocious of £293,999 past month, according to Halifax, the nation’s biggest mortgage lender. 

This is 3.9% higher than past year, erstwhile a emblematic location was worthy £283,053 - £10,946 little than it is now.

Property prices stalled for much than 2 and a fractional years arsenic higher owe rates made it harder for households to spend to determination and instrumentality connected a higher mortgage.

With less buyers looking for homes, it meant determination was little contention for houses, which reduced their price.

But prices person soared by up to 9.2% successful immoderate regions, adding much than £20,000 to the worth of a emblematic home, property cause Hamptons has found.

If you unrecorded successful North East Derbyshire, Cherwell oregon Winchester past you could beryllium 1 of the large winners.

But if you unrecorded successful Adur, Thanet oregon Portsmouth, you whitethorn person missed out.

To find the areas of the UK wherever house prices person risen the most, Hamptons analysed authoritative authorities figures from the Office for National Statistics.

It analysed information from June, July and August from each section authorization successful Great Britain and compared these mean prices to the aforesaid play past year.

Here we uncover the 50 location terms hotspots this twelvemonth - and those wherever prices person plummeted.

East Midlands sees prices soar

North East Derbyshire saw the top summation successful location prices of immoderate UK portion successful percent terms.

House prices skyrocketed by 9.7% successful the country implicit the past year, pushing up the terms of a emblematic location by £21,220.

An mean location successful the portion is present worthy £239,560, good beneath the nationalist average.

The country is location to the Peak District National Park and Bakewell, wherever the celebrated tart was born.

Meanwhile, the adjacent by municipality of Buxton gives its sanction to the celebrated bottled water, which is sourced from here.

Property prices person besides climbed successful different areas of the East Midlands.

Just implicit an hr distant successful Newark and Sherwood, prices person jumped by 7.2% successful conscionable 12 months.

Much of the country lies wrong the past Sherwood Forest, which attracts thousands of visitors each year.

A emblematic location successful the portion has seen £15,970 added to its worth successful the past year.

Properties tin beryllium snapped up for £239,270 connected average, up from £223,300 past October.

Meanwhile, the District of High Peak betwixt Greater Manchester and South Yorkshire has besides benefitted from location terms rises.

A location successful the country tin beryllium picked up for £273,430 aft prices climbed 6.9% successful the past year.

Scottish houses spot prices hiked

To the north-west of Glasgow City lies West Dunbartonshire, a leafy greenish country which is location to galore of the city’s commuter towns and villages.

Property prices are present 9.2% higher than past twelvemonth erstwhile a emblematic location was worthy £128,250.

Values soared by £11,830 successful the region, pushing up the outgo of a emblematic location to £140,080.

Meanwhile, adjacent North Lanarkshire has besides experienced akin terms maturation successful the past 12 months.

The portion borders the north-east of Glasgow City and is besides a commuter hub for metropolis workers.

Good transport links including the M8 motorway and railway way marque this country a fashionable prime for metropolis workers who commute a mates of days each week.

Prices successful the country roseate by £10,320 successful the past year, taking the outgo of a emblematic location from £135,850 to £146,170.

This 7.6% emergence is conscionable shy of the summation successful values seen successful neighbouring West Dunbartonshire but inactive beats the nationalist average.

Aneisha Beveridge, caput of probe astatine Hamptons, said: "Over the past year, commutable areas adjacent larger cities were the apical performers successful presumption of location terms growth.

"First-time buyers and second-steppers, present enabled by easing owe rates, person been progressively seeking affordable homes connected the fringes of cities."

As galore younger buyers walk much clip successful the office they are keen to find the champion of some worlds, she explains.

Windfall successful Winchester

Of each the section authorities, houses successful Winchester saw their worth summation the astir of immoderate UK portion successful existent terms.

The worth of an mean location was up by £35,720 successful conscionable 1 twelvemonth aft prices roseate by 7.7%.

A emblematic location successful the historical country is present worthy £500,120, good beyond the fund of astir families.

Cherwell successful the South East recorded the second-highest summation successful location prices successful existent terms.

The North Oxfordshire territory is adjacent to the historical assemblage metropolis of Oxford and the 2 marketplace towns of Banbury and Bicester.

Prices grew by 8.4% successful conscionable 1 year, adding £28,300 to the worth of a emblematic home, which is present worthy £363,950.

Meanwhile, Stratford-upon-Avon successful the West Midlands saw location prices soar by £26,910.

A emblematic location successful “Shakespeare’s town” is present worthy £384,830 aft prices roseate by 7.5% successful 12 months.

Prices tumble successful seaside towns

Other areas of the UK person not fared truthful well.

The beauteous portion of Adur successful the South East of England whitethorn boast a bustling larboard and pebbled formation but its spot prices are thing to constitute location about.

Prices plummeted by 3.9% successful the past year, wiping £14,400 disconnected the worth of a emblematic home.

A spot successful the country tin beryllium picked up for £359,580, down from £373,980 past October.

One hr down the seashore successful Portsmouth, prices person besides taken a tumble.

An mean location is present worthy £245,700 aft prices slid by 4% successful the past 12 months.

This is £10,260 little than past twelvemonth erstwhile an mean spot could beryllium picked up for £255,960.

The historical dockyard, Spinnaker Tower and Royal Armouries whitethorn pull tourists but not higher spot prices.

Prices besides plunged successful the seaside regions of Thanet, Maldon, Castle Point and Ipswich.

Of the 10 regions wherever values slowed the most, 8 of them were successful coastal towns, Hamptons found.

Aneisha Beveridge astatine Hamptons said: “Prices successful the South person lagged, a inclination that’s been playing retired implicit the past 8 years.

“In particular, confederate coastal towns - mostly fashionable during the pandemic - person seen prices autumn backmost pursuing the double-digit terms increases seen post-Covid.”

As workers flock backmost to the office, these areas which are acold from cities and often person mediocre transport links, person seen spot prices fall.

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