{"id":8983,"date":"2018-01-03T10:00:23","date_gmt":"2018-01-03T10:00:23","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=8983"},"modified":"2018-01-03T10:00:23","modified_gmt":"2018-01-03T10:00:23","slug":"south-west-sees-biggest-house-price-rise-of-2017","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-us\/news\/south-west-sees-biggest-house-price-rise-of-2017\/","title":{"rendered":"South-west sees biggest UK house price rise of 2017"},"content":{"rendered":"

Last year, house prices in the UK climbed by a modest 2.7%, according to research by Halifax, but the picture couldn’t be more different in the south-west of England.<\/strong><\/p>\n

As house price growth stuttered towards the end of 2017, the Gloucestershire spa town<\/a> of Cheltenham came out on top with a huge 13% leap in house prices over the course of 2017 – almost five times the national average.<\/p>\n

This meant average house prices in the town increased by \u00a336,033 last year, bringing the strongest market away from the capital, as many experts predicted<\/a>. According to Office for National Statistics data that was released last year, the Cotswold District Council area in Gloucestershire saw house prices soar by a reported 16.2% on average.<\/p>\n

Halifax results put the south-west coastal town of Bournemouth in second place with an average house price rise of 11.7%, followed by Brighton with 11.4%.<\/p>\n

Spreading the wealth<\/h4>\n

Areas of London featured lower down the top-20 list, with Newham the capital’s best performer in fifth place with a 10.2% increase, and then Redbridge<\/a> in 15th position with 7.7% – the same percentage rise also seen by Barnet<\/a> in the capital.<\/p>\n

Halifax\u2019s managing director Russell Galley said: “Unlike last year, the top performers are not exclusive to London and the South East, with the top spot now belonging to Cheltenham in the south-west<\/a>, and towns in East Anglia, East Midlands, north-west<\/a>, Wales<\/a> and Yorkshire and the Humber also making the list.”<\/p>\n

At the bottom of the list, Perth in Scotland saw house prices drop by 5.3%, while Stoke-on-Trent in the West Midland<\/a>s suffered a fall of 4% and Paisley, another Scottish town, had a 3.6% decline.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last year, house prices in the UK climbed by a modest 2.7%, according to research by Halifax, but the picture couldn’t be more different in the south-west of England. As house price growth stuttered towards the end of 2017, the Gloucestershire spa town of Cheltenham came out on top with a huge 13% leap in… Read more »<\/a><\/p>\n","protected":false},"author":1069,"featured_media":8993,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,6],"tags":[33,341],"class_list":["post-8983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buy-to-let-landlords","category-uk-housing-market","tag-house-prices","tag-newsletter"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/8983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/comments?post=8983"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/8983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media\/8993"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media?parent=8983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/categories?post=8983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/tags?post=8983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}