Two of the top 10 areas for house price increases are in Yorkshire and The Humber. Wakefield saw 8.7% growth and Hull, which was named one of National Geographic’s “Best of the World” destinations for 2026, saw a 6.5% rise.
Meanwhile, the South East dominates the list of towns where the value of homes fell or grew most slowly in the last year. Crawley and High Wycombe saw the sharpest declines, with home values falling by -8.9% and -7.4% respectively. Further north, Chester also dropped -6.4%, although overall the North West recorded growth of 3.7%. Cardiff saw a fall of -5.2%, despite home values rising in Wales by 2.3% overall.
Despite these spots, most regions acros the UK saw the value of homes grow.
Northern Ireland led with growth of +5.8%, while London was the only region to see home values stall, dipping -0.1%.
Amanda Bryden, head of mortgages at Lloyds, said:
“Our customers’ dream homes are found in pockets around the UK and we’ve supported thousands of people to take their next home buying step this year - whether they’re getting on the ladder for the first time or moving up. We’ve seen significant change in property values with some areas rising sharply, while others have cooled.
“If you’ve got your heart set on a particular location, it’s worth taking time out to do some research and see what’s happening with prices there, as swings in value at a local level can make a big difference to how much you may need for a deposit, Stamp Duty or wider moving costs.
“If you’re open to exploring, you might find places where your money goes further. Northern regions and Scotland are still generally more affordable than the south of England, with a huge amount to offer in terms of culture and history, alongside some of the most beautiful parts of the UK countryside.
“While house prices play a role, choosing where to live is also about finding a place that feels right - a community you connect with, a commute that works for you, and a lifestyle that fits you.
“When you’re thinking about house hunting, getting mortgage advice early will help you to plan and setting a realistic budget, alongside factoring in extra costs like stamp duty and legal fees, will help make the process less daunting and keep your dream of homeownership on track."
