House Price Index Report December 2021

UK city house price growth 7.4 % UK house price growth 2021
London house price growth 2.6 % The annual rate of price inflation

Regional trends in house price growth

Wales is registering the highest rate of house price growth, for the tenth consecutive month. 

Prices are up 11.3% in the country, with average values in Powys, Carmarthenshire and Neath Port Talbot rising by 14.4%, 13.7% and 13.4% respectively as the desire for more space and the relative affordability of these markets has pushed up demand. 

Liverpool and Manchester lead the way in terms of price growth in the UK’s largest cities, at 10.7% and 8.7%, contributing to average growth of 9.2% in the North West. 

At the other end of the scale, London’s home values are up by an average of 2.6%, although in a third of the city’s boroughs including Bromley, Bexley and Havering, price growth is over 4%.

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House Price Index Report December 2021

House Price Index Report

The Zoopla UK House Price Index Report is our monthly analysis of UK property market data, and annual price growth statistics for the UK, all countries and regions and 20 major UK cities.

In this month’s report:

– Has supply turned a corner? We look at the latest figures

– How buyer demand for flats and houses compares to recent years

– The region where annual price growth has hit 11.3%

 

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