The UK towns and cities where house prices are rising the most - full list

The terms of the mean location successful the UK volition turn by 2.5 per cent adjacent year.

Online property cause Zoopla besides predicted location income would turn 5 per cent implicit 2025 to 1.15m crossed each regions and countries of the UK.

Regionally, location prices successful the Midlands, Northern England, Scotland and Wales volition outperform the UK average, portion prices successful confederate England volition lag behind.

Zoopla said lodging affordability had been helped by a beardown maturation successful household incomes implicit the past 2 years.

Sales agreed implicit the past 4 weeks crossed the UK were up 19 per cent year-on-year and purchaser request was 25 per cent higher.

Zoopla said postponed location moves, an ageing population, rising moving costs and changing moving patterns volition proceed to interaction moving decisions, successful summation to the tendency to question a amended location oregon location.

First-time buyers volition stay the largest purchaser group, supporting lodging chains and helping existing homeowners to move.

Last twelvemonth Zoopla said UK homes were over-valued by 16 per cent arsenic a effect of the leap successful mortgage rates. Rising incomes and little mortgage rates implicit 2024 person removed this over-valuation without the request for prices to autumn further successful 2024.

Over the past 4 weeks the fastest terms rises were successful the Oldham, OL, postcode wherever they were up 3.7 per cent.

Wigan, postcode WN, saw prices emergence 3.9 per cent, portion successful Belfast, BT, they roseate 6.5 per cent.

Price falls were recorded successful pockets of confederate England led by Ipswich, IP, down -1.1 per cent, Truro,TR, down -1.2 per cent and Dartford, DT, down -1.2 per cent.

Incomes volition request to turn faster than prices to amended affordability, with location prices apt to turn successful confederate England implicit 2025 and into 2026, Zoopla added.

Highest and lowest year-on-year location maturation by portion and postal area

Richard Donnell, enforcement manager astatine Zoopla comments: “The lodging marketplace has been resilient successful the look of higher borrowing costs implicit the past 2 years. Higher income maturation and little mortgage rates person helped reset lodging affordability faster than galore expected implicit 2024. This has supported an summation successful the fig of income and location prices implicit the twelvemonth which we expect to proceed implicit 2025.

 “House terms maturation successful confederate England volition proceed to lag the UK mean and incomes volition request to emergence faster than prices to assistance reset affordability and terms much households into the market.

 “First-time buyers volition stay an important purchaser radical but existing homeowners looking to determination volition request much enactment to assistance realise their ambitions, with much and much having to look further afield to find amended worth for money.”

 Matt Thompson, caput of income astatine property bureau Chestertons, added: “As we are approaching the extremity of the year, we are already seeing much buyers entering the marketplace which is not emblematic for this clip of twelvemonth and a beardown denotation that 2025’s spot marketplace volition beryllium buoyant. One crushed for the uplift successful purchaser enactment are changes to stamp duty, announced successful the Autumn Budget. These volition travel into effect successful April 2025, driving first-time buyers successful peculiar to get connected the spot ladder earlier that deadline and volition substance a engaged commencement to adjacent year’s spot market."