Biggest house price jumps since the last white Christmas

Dreaming of a white Christmas? Biggest house price jumps since the last one revealed

A white Christmas is more of a myth than a reality, however, it does happen occasionally and lettings and estate agent, Benham and Reeves, has revealed where homeowners have seen the best and worst house price growth since the last one.

According to the Met Office, the last time we enjoyed a ‘widespread’ white Christmas was back in December 2010 with 83% of areas registering snow on the ground and 19% seeing actual snowfall on the day itself.

Benham and Reeves crunched the numbers using Land Registry data and found that since then, UK house prices have increased by 38.9%, increasing from an average of £168,703 to their current average of £243,370.

England has enjoyed the largest increase of all UK nations at 42.4%, while London has seen the largest regional growth (66.3%).

The capital, of course, accounts for the areas to have enjoyed the largest increase since snow last fell on Christmas day, with the City of London seeing the largest increase across the nation at 101.8%, very closely followed by Waltham Forest with an increase of 101.6%.

Other areas to have faired well in the capital are Hackney, Lewisham and Barking and Dagenham whilst outside of London, the largest increase has been in Slough (75.5%), Corby (71.6%), Harlow (70.1%) and Medway (67.7%).

Rather traditionally, Aberdeen has seen the worst house price performance since the last white Christmas with property values down -7.1%, joined by Inverclyde (-1.7%), with County Durham the only other area to register a negative change (-1.3%).

Director of Benham and Reeves, Marc von Grundherr, commented:

“We may all be dreaming of one, but the chances of a white Christmas are depressingly low in this day and age.

However, it’s encouraging to see that despite all the political and economic uncertainty that has been thrown at the UK property market over the last few years, house prices have grown in almost all areas of the UK since the last widespread white Christmas was recorded.

Although we probably won’t see snow this Christmas, this almost decade long stint of positive market momentum is unlikely to let up and we should see yet further upward growth gifted to UK homeowners this coming year.

Unless you live in Aberdeen, Inverclyde or County Durham, all of which seem to be well and truly on the property naughty list.”

Location
Average house price at the last white Christmas (Dec 2010)
Average house price now (Latest – Sept 2019)
Change (%)
United Kingdom
£168,703
£234,370
38.9%
By Nation
England
£176,036
£250,677
42.4%
Wales
£128,963
£164,433
27.5%
Scotland
£129,758
£155,029
19.5%
Northern Ireland
£124,515
£139,951
12.4%
By Region
East Midlands
£139,103
£194,219
39.6%
East of England
£190,404
£291,993
53.4%
London
£285,353
£474,601
66.3%
North East
£119,688
£132,769
10.9%
North West
£131,347
£167,683
27.7%
South East
£218,657
£329,197
50.6%
South West
£189,735
£260,158
37.1%
West Midlands Region
£148,525
£201,273
35.5%
Yorkshire and The Humber
£132,685
£165,745
24.9%
Locations to see the highest house price growth since the last white Christmas
Location
Average house price at the last white Christmas (Dec 2010)
Average house price now (Latest – Sept 2019)
Change (%)
City of London
£445,016
£897,910
101.8%
Waltham Forest
£220,346
£444,319
101.6%
Hackney
£295,054
£566,567
92.0%
Lewisham
£223,141
£425,474
90.7%
Barking and Dagenham
£166,485
£305,229
83.3%
Newham
£208,056
£381,220
83.2%
Lambeth
£292,465
£515,583
76.3%
Slough
£180,675
£317,124
75.5%
Greenwich
£229,791
£401,940
74.9%
Southwark
£294,314
£508,698
72.8%
Merton
£299,039
£515,675
72.4%
Croydon
£214,845
£369,161
71.8%
Corby
£111,614
£191,479
71.6%
Haringey
£318,442
£546,294
71.6%
Harlow
£163,198
£277,535
70.1%
Brent
£294,081
£494,761
68.2%
Basildon
£184,939
£310,824
68.1%
Medway
£148,573
£249,189
67.7%
Wandsworth
£359,305
£602,178
67.6%
City of Bristol
£173,624
£290,073
67.1%
Locations to see the lowest house price growth since the last white Christmas
Location
Average house price at the last white Christmas (Dec 2010)
Average house price now (Latest – Sept 2019)
Change (%)
City of Aberdeen
£159,259
£148,021
-7.1%
Inverclyde
£107,804
£105,984
-1.7%
County Durham
£104,684
£103,320
-1.3%
Dumfries and Galloway
£128,832
£130,976
1.7%
Aberdeenshire
£179,526
£184,515
2.8%
Ards and North Down
£152,288
£156,858
3.0%
Redcar and Cleveland
£114,864
£118,536
3.2%
South Ayrshire
£131,117
£136,010
3.7%
Hartlepool
£109,093
£113,492
4.0%
Copeland
£118,142
£123,766
4.8%
North Ayrshire
£103,256
£108,525
5.1%
Blackpool
£103,535
£109,558
5.8%
Sunderland
£111,399
£118,043
6.0%
Stockton-on-Tees
£126,370
£134,000
6.0%
Mid and East Antrim
£121,189
£128,546
6.1%
Carlisle
£130,053
£138,032
6.1%
Middlesbrough
£110,343
£117,218
6.2%
Wyre
£144,151
£153,170
6.3%
Eden
£185,359
£198,132
6.9%
Darlington
£124,770
£133,490
7.0%

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

UK monthly property transactions for May 2025

Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in May 2025 is 81,470, 12% lower than May 2024 and 25% higher than April 2025 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in May 2025 is 80,530, 13% lower than May 2024 and…
Read More
Breaking News

Construction Skills Mission Board (CSMB) shows the Government has a plan

The Construction Skills Mission Board (CSMB) held its first board meeting today (26 June 2025), where it set out a roadmap for recruiting 100,000 more construction workers a year by the end of Parliament. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “The Construction Skills Mission Board (CSMB) is a recognition…
Read More
Paint Stripper Tools
Estate Agent Talk

5 Strategies to Optimise Your Warehouse for Real Estate

The term fixer-upper can mean many things, from ‘slap some paint on the walls and it looks brand new’ to ‘will this building collapse if we open the front door?’ Indeed, in the dicey world of commercial property acquisition, each warehouse you buy will probably fall into both camps. Thinking about the viability of warehouses…
Read More
Breaking News

HMOs sell for up to 50% above market average

New research from Excellion Capital, the boutique debt advisory and investment firm, reveals that HMOs sell for as much as 50% above the average house price, further increasing their investment potential after it was revealed that HMOs also create rental yields of up to 12.5%. After previous research from Excellion Capital recently showed that the…
Read More
Breaking News

UK buyers struggle while 50,000 homes sit empty

As the UK housing crisis deepens, new analysis by Open Property Group exposes a worrying surge in so-called “zombie homes”- properties that sit unoccupied and deteriorating while millions struggle to access affordable housing. Key insights: 50,000+ long-term vacant homes in England alone 23,000+ of these have been empty for more than two years Estimated £13.6…
Read More
Breaking News

Breaking Property News 26/06/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   The UK is Europe’s second most distressed market despite headline GDP growth Retail and Consumers Goods has emerged as the most distressed sector in Europe, with distress levels now the highest since the global financial crisis, according to the latest Weil European Distress Index (WEDI). The…
Read More