A MAP has revealed where UK house prices have risen the most and least in 2024.
The value of a typical home hit a record high of £293,999 in November, 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.
However, a closer look at the regional picture reveals a stark contrast in property price trends across the UK over the past year.
Property prices have surged by over 17% in some areas, adding more than £33,000 to the value of a typical …