Plymouth had UK's steepest rise in house prices in 2025
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Plymouth had UK's steepest rise in house prices in 2025
"The average property price rose by 12.6% in Plymouth during 2025, the steepest rise anywhere in the country, taking the typical home price to 278,808. Nigel Bishop, of the buying agency Recoco Property Search, said: Plymouth has benefited from substantial infrastructural investments such Royal William Yard, which created a number of new homes. The city's improved retail, sporting, culinary and general lifestyle amenities also position Plymouth as an attractive option for house hunters of all ages."
"Across the UK as a whole, average house prices rose by 3.7% year on year, Lloyds said, based on its mortgage lending data. Northern Ireland led regional growth at 5.8%, followed by Scotland and the north-west. London was the only region where prices stalled, with average values dipping by 0.1% to 574,514, still the most expensive in the UK. Amanda Bryden, the head of mortgages at Lloyds, said the figures underlined how localised the housing market had become."
Plymouth recorded the UK's fastest house-price growth in 2025, with average values rising 12.6% to 278,808, driven by infrastructure projects like Royal William Yard and enhanced retail, sporting, culinary and lifestyle amenities. Stafford and Wigan also experienced double-digit increases. Hull joined the top ten for the first time with prices up 6.5% and gained recognition as a National Geographic best-of-the-world destination for 2026. Nationwide average prices rose 3.7% year-on-year, with Northern Ireland leading regions at 5.8%, followed by Scotland and the north-west. London alone saw prices stall, dipping 0.1% to 574,514, highlighting highly localised market variation.
Read at www.theguardian.com
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