UK house prices jump by £7,000 over the first half of 2015

Updated on 22 July 2015 | 1 Comment

UK homes rose in value by 2.7% in the first six months of this year.

The price of UK homes rose by an average of £7,000 (2.7%) in the first half of this year, according to property website Zoopla.

At the start of July, the average UK house price stood at £270,674, up £6,974 on January’s figure of £263,699.

Property prices rose across the UK over the first half of the year. Scotland experienced the highest rate of growth, with an average increase of 6.6% (£11,382). The average home in Scotland now costs £183,230.

The next best performers were the North East and the North West reporting a 3.1% and 3% increase respectively.

Wales fared the worst with a 1% rise over the first half of the year (£1,584).  


Average value January 2015

Average value July 2015

£ change

% change






North East England





East of England





North West England





South East England










West Midlands





South West England





East Midlands





Yorkshire and The Humber










Zoopla’s Lawrence Hall said that the Scottish house price boost could be down to a ‘post-referendum bounce’ as businesses and capital return following the uncertain September vote.

City to city changes

Edinburgh registered the largest growth in houses from January at 8.2%, a £20,465 increase. Aberdeen secured third place with a 6.4% (£15,416) rise over the first six months, coming second to Colchester in Essex, which saw a 7.6% (£19,088) increase.

Yorkshire, on the other hand, has three of the ten worst-performing cities. Rotherham topped the list with a dip of 2.1% (-£2,752). Wolverhampton, Newcastle-upon Tyne and Middlesbrough saw modest dips of -0.1% each (-£273 and -£97 respectively).

Surprisingly, London was slightly below the national average with only a 2.5% (£14,385) rise since January. Recent reports suggest the new tiered Stamp Duty charges, which are far higher for properties over £925,000, are having an impact.

Compare mortgages with loveMONEY

More on housing:

Rightmove: growing demand for smaller properties

Landlord tax relief changes: what’s next for rents?

Number of UK property millionaires passes 500,000

Halifax: house prices jump in June


Be the first to comment

Do you want to comment on this article? You need to be signed in for this feature

Copyright © All rights reserved.