Half of UK homes increased in value last year - which towns saw house prices grow the most?

The price of 15 million homes rose in 2024 but will they continue to grow in 2025?

House for sale sign with "sold" banner on it in front of houses in residential area
(Image credit: Karl Hendon via Getty Images)

Half of the UK’s 30 million homes increased in value last year but a third dropped in price, research shows.

Analysis from Zoopla reveals that 15 million properties increased in value by 1% or more in 2024, up from almost 11 million in 2023.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Swipe to scroll horizontally
Average value change by region
CountryAvg. value change over 2024% of homes with value increase of 1% or moreNo. of homes with value increase of 1% or more% of homes with value decrease of 1% or moreNo. of homes with value decrease of 1% or more
North West£4,40063%2,090,00021%710,000
North East£4,30068%820,00019%230,000
West Midlands£3,90059%1,480,00022%560,000
Yorkshire & Humberside£3,70061%1,500,00023%570,000
Scotland£3,20061%1,580,00024%640,000
Wales£2,30052%760,00029%420,000
East Midlands£1,70048%1,010,00031%660,000
London£60040%1,510,00037%1,430,000
South West-£30037%970,00040%1,040,000
South East-£90035%1,390,00041%1,620,000
East of England-£1,30033%880,00043%1,150,000
Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.