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The top 10 property price rise cities of 2013

Alex Johnson

a3fd441b60f841ddd44140964fcd7a96cada7eb5 300x200 The top 10 property price rise cities of 2013The end of year statistics fest is hotting up. Today, Zoopla has released figures suggesting that the value of the average British home rose by £10,329 during 2013, and is now (usual caveats about property prices apply) £244,289. In England, semi-detached houses have seen the biggest increase in value, up 6.42%.

Of course there is a lot of variation between the regions. In London, average property values went up £46,398 (10%) and  Scotland saw a 6.85% increase, while Yorkshire and The Humber experienced a slight fall (0.37%).

Northern cities are starting to feature on the top ten list of best performing urban areas in 2013. The largest increase in house prices over the past year was Newcastle (10.05%). Other cities in the north in the top ten include Barnsley, Glasgow, Dundee, Aberdeen and York, all experiencing property price gains of over 6.5% during 2013. The worst performing city in 2013 was Rotherham which saw a small drop in average home values of 0.1%.

Lawrence Hall of Zoopla.co.uk said: “This year saw a host of new government initiatives that are now helping the property market to gain stability and set the foundations for a sustainable recovery. As a result 2013 has witnessed property price growth across most of the country and particularly at the entry level of the market. With confidence in the market increasing, 2014 could see further price growth as transaction levels pick up, construction continues and more property comes to the market.”

BEST PERFORMING CITIES OF 2013

Rank Location Avg. value

Dec 2013

Avg. value

Dec 2012

£ Change

% Change

1 Newcastle £183,057 £166,345 £16,712 10.1%
2 London £510,457 £464,059 £46,398 10.0%
3 Cambridge £344,881 £316,888 £27,993 8.8%
4 Barnsley £122,769 £112,918 £9,851 8.7%
5 Cardiff £203,939 £188,116 £15,823 8.4%
6 Glasgow £160,935 £148,756 £12,179 8.2%
7 Dundee £157,270 £146,262 £11,008 7.5%
8 Brighton £293,927 £273,646 £20,281 7.4%
9 Aberdeen £226,041 £210,729 £15,312 7.3%
10 York £237,961 £223,304 £14,657 6.6%

WORST PERFORMING CITIES OF 2013

Rank Location Avg. value

Dec 2013

Avg. value

Dec 2012

£ Change

% Change

1 Rotherham £129,766 £129,896 -£130 -0.10%
2 Bolton £136,680 £136,284 £396 0.29%
3 Colchester £236,039 £233,762 £2,277 0.97%
4 Wolverhampton £160,840 £158,964 £1,876 1.18%
5 Walsall £151,204 £149,320 £1,884 1.26%
6 Hull £114,684 £113,141 £1,543 1.36%
7 Swansea £149,955 £147,570 £2,385 1.62%
8 Nottingham £154,488 £151,954 £2,534 1.67%
9 Milton Keynes £227,418 £223,362 £4,056 1.82%
10 Leicester £177,720 £174,378 £3,342 1.92%

AVERAGE PROPERTY VALUES BY REGION

Region

Avg. value

Dec 2013

Avg. value

Dec 2012

£ Change

% Change

London £510,457 £464,059 £46,398 10.0%
Scotland £171,690 £160,687 £11,003 6.9%
South West England £243,437 £229,415 £14,022 6.1%
North East England £168,795 £159,770 £9,025 5.7%
South East England £310,973 £294,776 £16,197 5.5%
East of England £260,018 £248,377 £11,641 4.7%
West Midlands £182,569 £177,980 £4,589 2.6%
North West England £164,149 £160,205 £3,944 2.5%
East Midlands £170,953 £167,237 £3,716 2.2%
Wales £160,346 £157,983 £2,363 1.50%
Yorkshire and The Humber £148,507 £149,053 -£546 -0.4%

Pictured is a 3 bedroom detached house for sale in The Close, Llanishen, Cardiff CF14, on with Darlows for offers in region of £299,995.

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