Map reveals locations where UK house prices have risen most and least in 2024 – is your town one of them?
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A MAP has revealed where UK house prices have risen the most and least in 2024. The value of a typical home hit a record high of £293,999 in November, according to Halifax, the nation’s biggest mortgage lender. This is 3.9% higher than last year, when a typical house was worth £283,053 - £10,946 less than it is now.
![[However, a closer look at the regional picture reveals a stark contrast in property price trends across the UK over the past year]](https://www.thesun.co.uk/wp-content/uploads/2024/12/000058199470_XXXLargejpg-JS934713442.jpg?strip=all&w=960)
Property prices stalled for more than two and a half years as higher mortgage rates made it harder for households to afford to move and take on a higher mortgage. However, a closer look at the regional picture reveals a stark contrast in property price trends across the UK over the past year.
Property prices have surged by over 17% in some areas, adding more than £33,000 to the value of a typical home. In others, values have plummeted by as much as 6.6%, leaving homeowners over £18,000 worse off. If you live in Stoke-on-Trent, Slough or Oldham, then you could be one of the big winners.
But if you live in Huddersfield or one of several London Boroughs, you may have missed out. To find the areas of the UK where house prices have risen the most, Halifax analysed its own sales data for the 12 months to September in 2023 and 2024. Here, we reveal the 10 house price hotspots this year - and those where prices have plummeted.
House prices in Stoke-on-Trent have seen a remarkable increase of 17.2% over the 12 months to September 2024, according to the latest data from Halifax. This surge makes Stoke-on-Trent the best performing area in the UK for house price growth. Trailing behind Stoke-on-Trent, Slough experienced a rise of 14.9% in house prices, while Oldham saw an increase of 14.6%.
