New analysis from Zoopla shows that half of the UK’s 30 million homes rose in value in 2025, though homeowner fortunes continue to vary sharply by region.
Around 15.2 million homes recorded price growth of at least 1%, broadly in line with last year. Among these, the average increase was £9,900, with 3.1 million homeowners seeing gains of £20,000 or more. In contrast, 9.1 million homes fell in value by at least 1%, with an average loss of £10,800, while 5.6 million remained broadly stable.
Northern regions lead on price growth
More than 70% of homeowners across Northern England, Scotland and Northern Ireland saw their properties rise in value. Northern Ireland led the way, with 94% of homes increasing by an average of £14,200. Scotland followed, where 73% of homes gained £10,400 on average, while 72% of homes in the North West rose by around £9,700.
Scotland and the North West dominate the top ten local authorities for price growth. Renfrewshire ranked highest, with 95% of homes increasing in value, followed by Glasgow (90%) and Chorley (88%). East Renfrewshire recorded the largest average gain among the top performers, at £17,900.
More than 60% of homeowners in the North East and Wales also saw gains, with hotspots including Northumberland (78% of homes rising) and Wrexham (79%). However, performance was uneven: Aberdeen City was the weakest northern authority, with 67% of homes losing value. Lancaster (40% of homes down) and Ceredigion (46%) also saw notable declines.
Southern England lags behind
The north–south divide remains pronounced. Six in ten homes that lost value were in Southern England, reflecting affordability pressures and a more competitive buyers’ market. Only 35% of homes across the South recorded price growth, while 5.6 million fell in value.
There were some brighter spots. Castle Point in Essex saw gains for two-thirds of homes, while Waltham Forest led London with 59% of homes rising by an average of £26,600. Although London had one of the lowest proportions of homes increasing in value, those that did achieved the UK’s highest average gain (£17,400).
Gloucester was a standout in the South West, with 62% of homes rising in value. At the other end of the scale, Torbay saw 79% of homes fall in value, followed by Hastings (78%) and Torridge (77%). In Kensington and Chelsea, 70% of homes declined in value.
Flats and high-value homes under pressure
Property type also played a role. Terraced and semi-detached homes proved most resilient, with 56% increasing in value. Flats fared worst, with half recording price falls of at least 1% over the year.
Richard Donnell, executive director at Zoopla commented: “Millions of homeowners regularly track the value of their home and keep tabs on what’s happening in their local market. What a home is worth and understanding the level of demand in the local area at different pricing levels are essential pieces of information for homeowners planning their next home move.
"Our analysis shows how varied changes in home values are across the country and within local areas. The general trend is that most home values continue to increase steadily upwards, especially away from southern England. However, many homes are registering broadly static or lower values as the market continues to adjust to higher mortgage rates and more homes for sale which is boosting choice for buyers. This is particularly prevalent in southern England. The choppier and complex market conditions in the South makes it critical for sellers to be realistic on pricing in 2026."
