The north west, Scotland, and Yorkshire and the Humber have each added at least £37 billion to the value of their housing stock since 2022, exceeding the £31 billion growth seen in London.
Last year marked a return to growth - adding £346 billion - after the value of the UK’s housing stock fell in 2023 for the first time since 2011.
Despite a flat market London’s housing stock was worth £1.992 trillion, up £31 billion, says the analysis from agents Savills.
Over the last decade London and the South East have grown relatively slowly in percentage terms, but have still added the most value in raw terms, at more than £1.2 trillion.
Unmortgaged housing stock is the largest tenure by value worth £3.42 trillion and the fastest growing - up by 66% over the past 10 years.
