The UK's 25 hottest housing markets
House price winners
We often talk about 'the UK housing market' and 'UK house price inflation' as if there is one housing market and one rate of house price inflation. Neither is true.
The UK housing market is made up of hundreds if not thousands of tiny housing markets, which operate independently of each other. One person buying a home in Swindon does not move the housing market in Stockwell.
In this article, we look at the hottest 25 housing markets across the country.
Biggest house price increases last month
The biggest house price winners last month were in Hyndburn where average house prices increased by 6.5%.
In second place came Argyll and Bute where house prices rose by 5.8%, and in third place where house prices rose by 5.6% was Hammersmith and Fulham.
Interesting to see that the top three came from across the country.
House price winners last month - absolute money terms
If we look at house price growth in absolute, money terms, the winner was Hammersmith and Fulham where house prices climbed £42,800 followed by Harrow which saw house prices increased by £22,920 and making up the podium was Guildford where house prices rose by £17,800.
Biggest house price increases last year
If we look at house price growth over the last twelve months, we also see a picture of winners spread across the country.
House prices in Orkney Islands were up by 26.9%, Great Yarmouth saw house prices increase by 22.5% and in third place was Thanet where house prices have risen by 22.3%.
House price winners last year - absolute money terms
However, when it comes to absolute house price rises Cotswold takes the honours seeing house prices increase by £76,400. In second place was Sevenoaks which saw average house price gains of £76,320, with Waverley in third place where average house prices have risen by £75,700.
Lockdown house price winners
If there is a silver lining to the lockdown cloud then many homeowners certainly enjoyed a lot of the available silver lining.
House prices in Waverley have increased by £123,500 since the start of lockdown one, house prices in South Hams have increased by £121,500, and in third place, Cotswold, where house prices have increased by £113,300 since the start of lockdown one.
If we look at the bottom end of the league table, we see Westminster, where average house prices have decreased by £54,370 followed by Aberdeen City, where average house prices have increased by £6,970 since the start of lockdown one and in third place Tower Hamlets, where house prices have increased by £7,100 since the start of lockdown one.
If you would like to see how much your home might be worth why not join the growing twindig community, and we will send you a free monthly home valuation report and update you on house prices and the housing market where you live.
Sign up for our newsletter to keep up to date on the hottest UK housing markets