Zoopla’s UK Cities House Price Index revealed house price inflation has hit a high of 3.9 per cent, marking the highest rate recorded since September 2017. With the exception of Belfast, every UK city registered a surge in buyer demand in the first weeks of 2020, with areas in the Midlands and the north of England recording the strongest increase at 20 per cent higher than the average. Based on analysis of housing affordability, the position of cities in the current housing cycle, discounts to asking price, and time to sell in the final quarter of 2019, Zoopla has ranked cities across the UK where house prices are expected to rise the most in 2020. How does your area compare?
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Are houses in your area expected to see a rise? (Photo: Shutterstock) | other Photo: Shutterstock
. Nottingham
Current average house price: 159,600 GBP. Percentage year on year growth: 5.2 | other Photo: Shutterstock
. Edinburgh
Current average house price: 242,200 GBP. Percentage year on year growth: 6.1 | other Photo: Shutterstock
. Glasgow
Current average house price: 242,200 GBP. Percentage year on year growth: 6.1 | other Photo: Shutterstock
. Manchester
Current average house price: 173,700 GBP. Percentage year on year growth: 4.5 | other Photo: Shutterstock
. Birmingham
Current average house price: 167,500 GBP. Rate of price growth in 2019: 3.9 | other Photo: Shutterstock
. Leicester
Current average average house price: 181,000 GBP. Percentage year on year growth: 4.7 | other Photo: Shutterstock
. Leeds
Current average house price: 169,100 GBP. Percentage year on year growth: 3.6 Photo: Shutterstock
. Liverpool
Current average house price: 122,600 GBP. Percentage year on year growth: 4.1 | other Photo: Shutterstock
17. Newcastle
Current average house price: 128,500 GBP. Percentage year on year growth: 1.5 | Other 3rd Party Photo: Google
18. Belfast
Current average house price: 138,500 GBP. Percentage year on year growth: 3.7 | Other 3rd Party Photo: Shutterstock
19. Oxford
Current average house price: 413,600 GBP. Percentage year on year growth: -0.1 | Other 3rd Party Photo: Shutterstock
20. Aberdeen
Current average house price: 155,700 GBP. Percentage year on year growth: -3.1 | Other 3rd Party Photo: Shutterstock