House price growth in regional cities continues to overhaul London

Hometrack UK Cities House Price Index December 2016 released today headlines ‘London drops to 7th in house price growth rankings’

UK city house price inflation bounced back in 2016Q4 with average values rising 2.2%.

Growth over 2016 was down slightly compared to 2015 (7.7%) but in line with the average rate over the last 18 months.

Bristol registered fastest annual growth of 9.6%.

Read the Hometrack UK Cities House Price Index December 2016 in full with data click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

LIVING BY THE SEASIDE 2022
Breaking News

Whitby crowned most exclusive coastal location

The latest research from Yopa has revealed that while Brighton in the South East is home to the highest monthly coastal mortgage cost, it’s Whitby in North Yorkshire that commands the highest premium when compared to the wider region, with the average monthly mortgage sitting payment 33.7% higher than the Yorkshire and the Humber average.…
Read More
Breaking News

ONS report on private rental affordability

Private renters on a median household income could expect to spend 36.3% of their income on an average-priced rented home in England, compared with 25.9% in Wales and 25.3% in Northen Ireland in 2024. Private rental affordability has fluctuated since 2016 but remained above the 30% affordability threshold in England, while it moved below the…
Read More
Breaking News

End of August Will See an 84% Increase in UK House Moves

The last week of August is always a busy time for moving, with an average of 3.5% of all yearly moves taking place in that week, being the busiest week for moving in 2023 and the second busiest week for moving in 2024. 2025 is expected to be no different and should see a larger…
Read More
Damaged timber from Dry Rot
Breaking News

Surveying capacity is being outpaced by compliance demand

The surveying industry has a problem: the shrinking capacity of surveyors is coming face to face with an increased compliance demand. Expert insight from Property Inspect suggests that increasing the workforce alone is not enough to fix the problem. The profession must also be equipped with Golden Thread compliant evidence packs that accelerate building safety…
Read More
Breaking News

Apprentices often able to buy homes years earlier than graduates

With A-level results finally released, for those torn between university and an apprenticeship, there’s more than just career direction to consider. In the past few years, data has shown that apprentices are often able to buy homes years earlier than graduates, a growing financial gap that’s making home ownership feel close to impossible for many…
Read More
Breaking News

Landlords invest in 85,000 fewer properties

The latest analysis from Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has revealed that landlord purchasing activity has slowed considerably, with an estimated 170,520 landlords buying a property in the last 12 months compared to 255,780 a year earlier – a drop of 85,000 transactions. Dwelly analysed the latest figures…
Read More