House price league
- top of the property charts
Where have property prices grown the most in the last 10 years?
Although the property market may be in something of a lull at present, new
figures from Halifax reveal that house prices have grown by a massive 138%
in the last ten years.
Their findings for the past decade also show that counties in the South of
England have grown the fastest. Surrey was the most expensive county to buy
property in back in 1993 and that remains the same today. Today 52 counties
in the UK have an average property price of over £100,000 compared to
just one back in 1993.
The 10-year chart
Although Surrey remains the most expensive area to live, Dorset has seen
the biggest growth over the past decade, with house prices increasing by
a whopping 218%. Cornwall is not far behind, with growth of 213%. With the
exception of County Armagh in Northern Ireland, all of the highest-growing
counties are in the South of England.
Here are the 10 counties where prices have risen the most over the last
ten years:
County Average price Q2 1993 Average price Q2 2003 Increase Increase
Dorset £61,999 £197,318 £135,319 +218%
Cornwall £51,640 £161,691 £110,0519 +213%
Dorset £33,173 £95,165 £61,992 +187%
Dorset £61,999 £197,318 £135,319 +218%
County Armagh £86,818 £243,346 £156,528 +180%
Greater London £86,818 £243,346 £156,528 +180%
Devon £58,066 £162,187 £104,121 +179%
West Sussex £77,584 £213,973 £136,389 +176%
Herefordshire £59,320 £162,486 £103,166 +174%
East Sussex £71,419 £194,584 £123,165 +172%
Essex £69,278 £188,426 £119,148 +172%
Surrey £104,373 £281,451 £177,078 +170%
Property hotspots over the last year
In contrast to the 10-year table, the figures for the last 12 months demonstrate
how much prices in the North of the UK have outstripped those in the South.
Dumfries and Galloway tops the table, with growth of 48%, closely followed
by Dyfed in Wales with 44%. There are no counties further north than Wales
in the table.
Here are the top counties from the last year:
County Average price Q2 2002 Average price Q2 2003 £ Increase % Increase
Dumfries and Galloway £68,609 £101,687 £33,078 +48%
Dyfed £78,982 £113,801 £34,819 +44%
South Humberside £67,124 £91,498 £24,374 +36%
Northumberland £87,613 £118,456 £30,843 +35%
Fife £69,722 £94,168 £24,446 +35%
Devon £58,066 £162,187 £104,121 +179%
Tyne and Wear £81,894 £109,206 £27,312 +33%
Herefordshire £59,320 £162,486 £103,166 +174%
County Durham £71,092 £93,995 £22,903 +32%
Clwyd £88,721 £114,996 £26,275 +30%
South Yorkshire £77,410 £100,216 £22,806 +29%
West Yorkshire £86,102 £111,325 £25,223 +29%
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