This is where house prices have increased the most this year
The average British home has increased in value by £19,348 during 2016 – £56.57 per day – bringing the British property market's value to £8.17tn.
The data from Zoopla shows that the UK market's value has gone up by 7.35 per cent as a whole this year.
Read more: This is how far house prices will fall in 2017
The most growth was seen in the east of England, where the average house price has increased by 11.56 per cent.
Average property value and increase – by region
Ranking |
Region |
Current average value |
Percentage increase in value since January 2016 |
1 |
East of England |
£358,401 |
11.56 per cent |
2 |
West Midlands |
£220,993 |
8.74 per cent |
3 |
South East England |
£411,736 |
8.44 per cent |
4 |
South West England |
£297,054 |
7.88 per cent |
5 |
North West England |
£190,005 |
7.57 per cent |
6 |
East Midlands |
£209,183 |
7.42 per cent |
7 |
Yorkshire and The Humber |
£173,362 |
5.58 per cent |
8 |
Scotland |
£185,344 |
5.56 per cent |
9 |
London |
£680,593 |
5.12 per cent |
10 |
Wales |
£179,096 |
3.80 per cent |
11 |
North East England |
£187,683 |
2.41 per cent |
The two towns where property values have increased the most were both commutable from London. In Diss, Norfolk, the average house price has increased 16.2 per cent to £305,896, and in Leatherhead, Surrey, the average value went up by 14.7 per cent to £833,631.
Top 10 best towns for price growth since January 2016
Ranking |
Town |
Current average value |
Percentage increase in value since January 2016 |
1 |
DISS, Norfolk |
£305,896 |
16.20 per cent |
2 |
LEATHERHEAD, Surrey |
£833,631 |
14.70 per cent |
3 |
SOUTHALL, London |
£382,153 |
14.55 per cent |
4 |
CROOK, County Durham |
£121,949 |
14.45 per cent |
5 |
SEAFORD, East Sussex |
£351,888 |
14.29 per cent |
6 |
WOODFORD GREEN, Essex |
£616,925 |
14.28 per cent |
7 |
CHIPPENHAM, Wiltshire |
£338,102 |
14.14 per cent |
8 |
NORTHWOOD, London |
£915,207 |
14.13 per cent |
9 |
SHOREHAM-BY-SEA, West Sussex |
£387,248 |
13.80 per cent |
10 |
UPMINSTER, Essex |
£552,561 |
13.77 per cent |
Lawrence Hall spokesperson for Zoopla, said: "2016 has certainly been a historic year, with the events of the past six months giving rise to potential political uncertainty. However, the property market, it seems, remains resilient and property values across Britain have continued to grow."
Not everywhere has been on the up, however. In Aberdeen, which was hit by the falling price of oil, the average house price dropped by 2.82 per cent, and is now £217,234.
Bottom 10 towns for price growth since January 2016
Ranking |
Town |
Current average value |
Percentage increase in value since January 2016 |
1 |
ABERDEEN, Aberdeenshire |
£217,234 |
-2.83 per cent |
2 |
LLANDUDNO, Conwy |
£195,623 |
-2.38 per cent |
3 |
ASHINGTON, Northumberland |
£108,611 |
-2.31 per cent |
4 |
BANGOR, Gwynedd |
£165,673 |
-1.03 per cent |
5 |
NEWQUAY, Cornwall |
£264,892 |
-0.81 per cent |
6 |
WEST DRAYTON, London |
£360,604 |
-0.43 per cent |
7 |
OSSETT, West Yorkshire |
£167,224 |
0.02 per cent |
9 |
TREDEGAR, Blaenau Gwent |
£93,458 |
0.25 per cent |
10 |
PONTYPRIDD |
£144,413 |
0.51 per cent |