UK House Prices Show Mixed Trends in 2024
Northern cities see significant gains while commuter hotspots like St Albans experience declines.
- An estimated 15 million homes in the UK increased in value by over 1% in the first half of 2024.
- Around 7 million homes saw their value decrease by at least 1%, down from 14 million in late 2023.
- Oldham, Wakefield, and Durham reported the highest proportions of property value increases.
- St Albans saw nearly half of its homes lose value, averaging a £4,500 drop.
- Terraced homes have become particularly popular, driving up their values more than other property types.
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