The UK's house price rises and falls: Interactive tool reveals value of properties in YOUR area - with homes in historic English towns and cities soaring - while Londoners suffer six-figure plunges
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Homeowners in some of England's most historic towns and cities have seen the value of their properties soar over the past year, an interactive study revealed today. Picturesque locations from Tunbridge Wells to Windsor and St Albans to Cambridge were among the best ten performing areas for house prices up to this October.
But many Londoners saw big losses on the value of their homes – with Kensington and Chelsea, the City of London and Hammersmith and Fulham worst affected. Homeowners across the UK saw their properties rise in value by an average of nearly £10,000 in the last year, according to the report by estate agent Purplebricks.
In the 12 months from October 2023, the average home increased by 3.4 per cent to £292,059 - including a small rise of 0.2 per cent from this September to October. The average home in Tunbridge Wells has increased by 8 per cent or £38,835 in the past year, based on data from the Office for National Statistics (ONS).
A fair portion of the gain for properties in the leafy Kent commuter town has come from a monthly rise from this September to October of 5 per cent or £25,410. Windsor and Maidenhead saw its properties rise by 6 per cent or £36,317 in the last year, while Cambridge was up by the same percentage annually or £32,441.
A six-bedroom detached house on sale in Tewkesbury for £785,000. The Gloucestershire town has seen house prices increase more over the past year than any other location across England. A three-bedroom semi-detached house in Tunbridge Wells is up for £575,000. The average home in the leafy Kent commuter town has increased by 8 per cent or £38,835 in the past year.
