There has been continued growth in large regional cities according to Hometrack

February 27, 2018

The latest Hometrack UK Cities House Price Index report – January 2018 reveals UK city house price inflation +5% year on year.

Hometrack data shows there has been continued growth in large regional cities, despite house price inflation slowing to 5.4%.

Five cities register real price falls including London, where price growth has slowed to +1.8%.

The report reveals house price growth since 2009 varies from +6% in Aberdeen to +86% in London.

The report goes on to say that Cities outside southern England have further room for house price growth, Hometrack expect house prices in regional cities such as Birmingham and Manchester to increase by 20% to 30%.

Read the latest Hometrack UK Cities House Price Index report – January 2018 in full 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

Breaking News

One-third of tenant income in the UK goes on rent

Lomond’s Summer 2026 Quarterly Insights report reveals tenants now spend an average of 32.7% of their yearly income on rent UK average rents rise to £1,369pcm, increasing by +4.3% in the same period last year Average rent in London reaches £2,418pcm, 76% higher than the UK average The average age of renters across the UK is now 31.5   Lomond, the UK’s leading network of lettings and sales agents, has…
Read More →
Finance

Six in 10 UK businesses look to adapt operations in response to extreme heat

37 per cent have increased heat-related investment, with 23 per cent considering it Cooling equipment, including air conditioning and ventilation, is the most common investment priority (28 per cent) Barclays anonymised client data shows that air conditioning suppliers saw cash inflows increase by 4.3 per cent year-on-year into Barclays accounts Consumers claim 25.1°C is their…
Read More →
Letting Agent Talk

Weathering RRA: It’s Not a Storm, It’s the Climate

Opinion: This Isn’t a Storm Agents Can Wait Out – It’s the New Climate By Sally Lawson    “Agents are heads-down, working their asses off to survive the RRA changes, to the detriment of everything else. But in order to get where they’re thriving too, agents must refocus and rebuild to make back the property…
Read More →
Breaking News

Breaking Property News 26/8/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   AI has Changed the value of proptech and legacy technology is paying the price AI has Changed the value of proptech and legacy technology is paying the price Thought leadership by Andrew Stanton For more than two decades, the value of proptech was built around…
Read More →
Breaking News

Commuter belt property values outperform every major UK city

The latest research from Yopa has revealed that house price growth across the commuter belt is outperforming the city itself across every major UK city analysed, with the gap as wide as 4.6 percentage points.   Yopa analysed the annual rate of house price growth across 12 major UK cities and compared it to the…
Read More →
Breaking News

Buyers return after a summer on the sidelines

Buyers return after a summer on the sidelines with searches up 7% – but buyers need an extra £18,200 to keep mortgage payments flat   Clear signs the autumn bounce is starting – the number of people searching for homes to buy up is 7% YoY – it is a national rebound with more people…
Read More →