Housing market has strongest start in three years — see how your area fared
1 month, 2 weeks ago

Housing market has strongest start in three years — see how your area fared

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK housing market has seen its strongest start in three years, with new sales agreements up 12 per cent in the four weeks to 24 January, compared with the same period last year, according to property website Zoopla. Zoopla said house prices across the UK were 2 per cent higher on average in December 2024 than a year earlier, ranging from 7.7 per cent in Northern Ireland to 1 per cent in eastern England. “The healthy stock of homes for sale will keep price rises in check and we are forecasting average UK house prices will rise by 2.5 per cent in 2025 with 5 per cent more sales than last year at 1.15 million. Its figures show average house prices in December 2024, followed by increases across 2024 in cash and percentage terms: Northern Ireland, £179,200, £12,800, 7.7 per cent North West England, £199,700, £6,200, 3.2 per cent North East England, £146,100, £4,100, 2.9 per cent Scotland, £166,900, £4,600, 2.8 per cent Wales, £206,800, £5,400, 2.7 per cent Yorkshire and the Humber, £189,700, £4,900, 2.7 per cent West Midlands, £232,900, £5,100, 2.2 per cent East Midlands, £230,600, £3,700, 1.6 per cent London, £535,100, £7,200, 1.4 per cent South West, £314,000, £3,700, 1.2 per cent South East, £386,200, £4,100, 1.1 per cent Eastern England, £337,100, £3,300, 1 per cent

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