Estate Agents see large house price growth

Estate Agents see top house price growth in Nottingham

Nottingham has been listed again as one of the top performing cities outside of London and the South for house price growth.

According to Halifax, house prices increased by 8.9% over 2017.

The report saw Nottingham rank in 3rd place north of London, behind Huddersfield (9.3% growth) and Peterborough (10.1% growth).  Nottingham ranked in 10th place across the whole country.

Halifax managing director Russell Galley said, “A number of towns and cities have recorded significant rises in house prices over the past year, with all of the top 20 performers recording growth of at least double the national average. Unlike last year, the top performers are not exclusive to London and the South East, with the top spot now belonging to Cheltenham in the South West, and towns in East Anglia, East Midlands, North West, Wales and Yorkshire and the Humber also making the list.”

The list of top 20 cities with highest house price growth is:

• 1. Cheltenham, South West, £313,150, £36,033, 13%
• 2. Bournemouth, South West, £273,687, £28,587, 11.7%
• 3. Brighton, South East, £374,662, £38,289, 11.4%
• 4. Crawley, South East, £323,660, £30,555, 10.4%
• 5. Newham, London, £402,781, £37,344, 10.2%
• 6. Peterborough, East Anglia, £220,623, £20,314, 10.1%
• 7. Gloucester, South West, £231,581, £20,152, 9.5%
• 8. Huddersfield, Yorkshire and the Humber, £186,988, £15,981, 9.3%
• 9. Exeter, South West, £273,874, £22,789, 9.1%
• 10. Nottingham, East Midlands, £193,397, £15,884, 8.9%
• 11. Gravesend, South East, £312,940, £25,396, 8.8%
• 12. Lincoln, East Midlands, £194,723, £15,053, 8.4%
• 13. Stockport, North West, £235,147, £17,736, 8.2%
• 14. Swindon, South West, £231,316, £16,683, 7.8%
• =15. Redbridge, London, £475,148, £33,981, 7.7%
• =15. Swansea, Wales, £164,895, £11,774, 7.7%
• =15. Barnet, London, £584,049, £41,697, 7.7%
• 18. Richmond-upon-Thames, London, £646,112, £45,463, 7.6%
• =19. Portsmouth, South East, £222,704, £15,508, 7.5%
• =19. Grays, South East, £290,422, £20,145, 7.5%

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