![]() Oldham and Rochdale are also registering growth of more than 11%. ![]() 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. 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. Wales is registering the highest rate of house price growth, for the tenth consecutive month. This value of an average home is at £242,000, a rise of £17,000 during 2021. Southern England is set to experience above average price falls while some areas may not post any price falls at all UK house price inflation at 7.4%Īverage UK house prices rose by 1% in the three months to December, taking the rate of annual growth to 7.4%, down from 7.7% in September. ![]() ![]() Higher mortgage rates have hit home buyer demand, but the impact is not uniform across the country. ![]()
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