Around half of the UK’s 30m homes increased in value during 2025 with gains concentrated in Northern regions while much of Southern England continued to underperform, according to new analysis from Zoopla.

Some 15.2m homes, equivalent to 51% of the housing stock, recorded price growth of 1% or more, broadly unchanged from 50% in 2024.

Among properties that rose in value, the average increase was £9,900, with 3.1m homes – around 10% of the total – seeing gains of £20,000 or more.

By contrast, 9.1m homes, or 30%, fell in value by at least 1% over the year, with average losses of £10,800.

A further 5.6m homes, representing 19%, saw little movement, with prices changing by less than plus or minus 1%.

NORTHERN REGIONS DOMINATE

Northern Ireland was the strongest-performing region, with 94% of homes increasing in value and average gains of £14,200. In Scotland, 73% of homes recorded price rises, with an average uplift of £10,400, while the North West of England saw 72% of homes increase in value, with average gains of £9,700.

Scotland and the North West accounted for all of the top ten local authorities for price growth.

Renfrewshire led the rankings, with 95% of homes rising in value.

Renfrewshire led the rankings, with 95% of homes rising in value, followed by Glasgow at 90% and Chorley at 88%. East Renfrewshire recorded the largest average gain among the top ten, at £17,900.

More than 60% of homes in both the North East and Wales also rose in value during the year, although performance was mixed at a local level.

Aberdeen City was the weakest-performing authority outside Southern England, with 67% of homes losing value.

In England, 40% of homes in Lancaster recorded price falls, while 46% of homes in Ceredigion saw values decline.

SOUTHERN ENGLAND LAGGING

Southern England remained the weakest-performing part of the UK housing market, with just 35% of homes recording value growth of more than 1% during 2025.

The region accounted for 60% of all homes that fell in value nationally, reflecting affordability pressures and a more competitive supply environment.

London was among the regions with the lowest proportion of homes seeing price rises. However, where values did increase, the capital recorded the highest average gain in the UK, at £17,400.

By property type, terraced and semi-detached homes proved the most resilient, with 56% increasing in value over the year.

Flats underperformed the wider market, with half recording price falls during 2025, highlighting ongoing challenges for the sector.

STEADY CLIMB

Richard Donnell (main picture, inset), executive director at Zoopla, said: “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.”

COMPLEX MARKET

But he added: “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.”