Map reveals 50 house price hotspots where values have risen the most this year – is yours one of them? [Video]

PROPERTY prices have soared by almost 10% in some areas of the UK in the past year, despite values generally stagnating across the country.

The value of a typical home hit a record high of £293,999 last month, according to Halifax, the nation’s biggest mortgage lender. 

This is 3.9% higher than last year, when a typical house was worth £283,053 – £10,946 less than it is now.

Property prices stalled for more than two and a half years as higher mortgage rates made it harder for households to afford to move and take on a higher mortgage.

With fewer buyers looking for homes, it meant there was less competition for houses, which reduced their price.

But prices have soared by up to 9.2% in some regions, adding more than £20,000 to the value of a typical home, estate …