{"id":1992,"date":"2016-12-22T12:00:12","date_gmt":"2016-12-22T12:00:12","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=1992"},"modified":"2023-09-27T11:23:41","modified_gmt":"2023-09-27T10:23:41","slug":"value-uk-housing-stock-went-7-2016-8-17tn","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/value-uk-housing-stock-went-7-2016-8-17tn\/","title":{"rendered":"Value of UK housing stock went up by 7% in 2016, to \u00a38.17tn"},"content":{"rendered":"<p><strong>The <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/20\/uk-property-market-stumbles-winter-recovers-spring\/\" target=\"\" rel=\"noopener\">average British property<\/a> has increased in value by \u00a356.67 a day in 2016, Zoopla has revealed.<\/strong><\/p>\n<p>The overall value of the UK\u2019s 28.9 million homes has risen by more than 7% in 2016 to a total added value of \u00a38.17tn, a new research has revealed.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"mjWflszpgH\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/14\/uk-property-can-trump-brexit-couldnt\/\">UK Property: Can Trump do what Brexit couldn\u2019t?<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;UK Property: Can Trump do what Brexit couldn\u2019t?&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/14\/uk-property-can-trump-brexit-couldnt\/embed\/#?secret=0DYKNHSHtu#?secret=mjWflszpgH\" data-secret=\"mjWflszpgH\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>The year\u2019s biggest winner is, according to Zoopla\u2019s study, Diss, a market town in Norfolk with an increase of 16.2%.<\/p>\n<p>Zoopla analysed all their price data between 1 January and 7 December 2016 and came to the conclusion that <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/14\/will-housing-market-experience-slow-start-2017\/\" target=\"\" rel=\"noopener\">Britain\u2019s housing stock<\/a> now has got an overall value of \u00a38,165,502,086,907. This is an increase of \u00a3559bn since January.<\/p>\n<p>When it comes to regions, the report states that England\u2019s East has experienced the biggest increase in property values (by 11.56%), with <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/11\/birmingham-midlands-motor-business-hotspot-investment-haven\/\" target=\"\" rel=\"noopener\">the West Midlands<\/a> in second pace with a rise of 8.74%.<\/p>\n<p><strong>London, typically the leader of this chart, only came in third from the bottom this year with an increase of 5.12%. <\/strong><\/p>\n<p>Diss, this year\u2019s report winner, was only one of many locations that became more and more popular with people who are looking to buy a bigger property than what they can afford in London, without having to entirely move away from the capital.<\/p>\n<p>Leatherhead in Surrey came in second, with properties going up by 14.7%. Aberdeen claimed the questionable prize of \u201cpoorest performer\u201d with prices falling by 2.83%.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"R2OJSjFb0R\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/08\/tell-us-hipster-well-find-perfect-property-hotspot\/\">Tell us how hipster you are and we\u2019ll find the perfect property hotspot for you<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Tell us how hipster you are and we\u2019ll find the perfect property hotspot for you&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/12\/08\/tell-us-hipster-well-find-perfect-property-hotspot\/embed\/#?secret=0gjALIa4MO#?secret=R2OJSjFb0R\" data-secret=\"R2OJSjFb0R\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><strong>On a different note, the report also revealed that \u201coutside space\u201d was an important factor for Brits in 2016. <\/strong><\/p>\n<p>Zoopla\u2019s keyword search figures for this year showed that \u201cgarden\u201d is still ranked number one, whilst \u201cgarage\u201d has moved up from three to two. \u201cParking\u201d, however, experienced the biggest, moving up from eighth spot last year to number 4 in 2016.<\/p>\n<p>Lawrence Hall, a spokesperson for the site, said: \u201c2016 has certainly been a historic year, with the events of the past six months giving rise to potential political uncertainty. However, the property market \u2013 it seems \u2013 remains resilient, and property values across Britain have continued to grow.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The average British property has increased in value by \u00a356.67 a day in 2016, Zoopla has revealed. The overall value of the UK\u2019s 28.9 million homes has risen by more than 7% in 2016 to a total added value of \u00a38.17tn, a new research has revealed. UK Property: Can Trump do what Brexit couldn\u2019t? The<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/value-uk-housing-stock-went-7-2016-8-17tn\/\" title=\"ReadValue of UK housing stock went up by 7% in 2016, to \u00a38.17tn\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4580,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[22,37,49],"class_list":["post-1992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk-housing-market","tag-buy-to-let","tag-uk-property","tag-uk-property-market"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=1992"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1992\/revisions"}],"predecessor-version":[{"id":6096372,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/1992\/revisions\/6096372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/4580"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=1992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=1992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=1992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}