Half of homes increased in value over 2025 - though with a distinct regional hierarchy
Most homeowners checking the value of their home on Zoopla are likely to have seen an increase in value over 2025, with half (15.2m) of all UK homes increasing by an average of £9,900
A third of UK homes registered falls in value over 2025, largely across Southern England where home values are adjusting to more price sensitive demand
The average overall price change for all 30m UK homes was a £2,300 increase
Six in ten of all homes that registered value falls nationally were in southern regions of England, where just 35% of homes saw values increase
Northern regions saw the highest proportion of homes with price increases, including Northern Ireland with 94% of homes registering an increase in value
Local authorities in Scotland and the North West made up the entire top 10 list of best performing areas, lead by Renfrewshire, Glasgow, and Chorley
UNDER EMBARGO UNTIL 00.01 THURSDAY 22ND JANUARY, 2026, London: New analysis from Zoopla, one of the UK’s leading property websites, has revealed that half of the UK’s 30 million homes increased in value in 2025 - but the fortunes of nation’s homeowners and their home values follows a distinct regional and localised hierarchy.
Just over 15 million (15.2m) homes registered an increase in value of one percent or more, in line with last year’s total (15m). The average increase in value for homes recording price gains was £9,900, with 3.1m home owners seeing the value of their home increase by £20,000 or more.
On the other end of the scale, 9.1m homes lost at least one percent of their value over the course of the year - at an average loss of £10,800. The remaining 5.6m homes maintained their value to within +/- one percent.
Northern areas of the UK record the highest home value gains
The 2025 data reveals a clear-cut regional hierarchy, with more than 70% of homeowners in Northern regions of England, Scotland and Northern Ireland recording value gains for their homes.
The recent house price boom in Northern Ireland led to a staggering 94% of homes seeing price increases - to the tune of £14,200 on average. Three-quarters (73%) of Scottish homes increased in value, by an average of £10,400. A further 72% of homes in the North West (2,451,100) saw higher valuations, with increases to the tune of £9,700 on average.
The North West and Scotland contain the entire top ten list of local authorities with the most homes increasing in value. Renfrewshire in Scotland takes the top spot, with a whopping 95% of homes having increased in value. Glasgow (90%) and Chorley in the North West (88%) round out the top 3, while East Renfrewshire saw the highest average value gain out of the top ten, at £17,900.
Continuing this trend, more than 60% of homeowners in the North East and Wales also recorded home value gains over 2025. Local hotspots in these areas include Northumberland, where 78% of homes registered value gains, and Wrexham, where 79% of homes saw increases.
However, not everywhere across Scotland, Northern England and Wales had such good fortunes. Aberdeen City was the worst performing local authority outside of the South, with two thirds (67%) of homes seeing price decreases over 2025, reflecting a wider trend in the area’s house prices over the last few years linked to low investment in the oil and gas industry. Lancaster saw the highest proportion of value decreases in the North West at 40%, while Ceredigion in Wales saw 46% of homes record drops in value over 2025.
Table 2: Regional and country overview of home rising and falling in value over 2025
UK Region | % homes increasing in value | # homes | Avg. gain (£) | % homes decreasing in value | # homes | Avg. loss (£) |
Northern Ireland | 94% | 716,100 | £14,200 | 3% | 26,400 | £ 12,200 |
Scotland | 73% | 1,949,800 | £10,400 | 17% | 474,600 | £7,700 |
North West | 72% | 2,451,100 | £9,700 | 15% | 513,800 | £7,500 |
North East | 67% | 837,700 | £6,600 | 19% | 229,500 | £4,800 |
Wales | 60% | 877,600 | £8,000 | 22% | 329,700 | £8,200 |
Yorkshire & The Humber | 58% | 1,454,900 | £7,800 | 25% | 628,200 | £6,800 |
West Midlands | 55% | 1,420,100 | £8,600 | 25% | 644,800 | £7,700 |
East Midlands | 43% | 927,700 | £7,400 | 32% | 693,300 | £7,100 |
East of England | 41% | 1,109,400 | £11,000 | 35% | 950,400 | £9,500 |
London | 35% | 1,341,400 | £17,400 | 43% | 1,642,000 | £18,000 |
South West | 33% | 855,000 | £10,400 | 46% | 1,215,500 | £11,900 |
South East | 32% | 1,279,000 | £11,800 | 44% | 1,772,500 | £12,700 |
UK | 49% | 15,219,700 | £9,900 | 31% | 9,120,700 | £10,800 |
Source: Zoopla Research analysis of UK home values
Fewer homes gain in value across Southern England
2025’s valuation data also highlights the continuing north-south divide when it comes to homeowner’s fortunes. Six in ten homes that fell in value over the year were in Southern England, reflecting the dual impact of underlying affordability challenges due to higher house prices, alongside a much greater choice of homes for sale re-enforcing a stronger buyers market than elsewhere.
Just 35%, or 4.6m, homes saw increases in value above one percent across Southern England, while 5.6m homeowners saw their home value fall over the year. Castle Point in Essex was a bright spot for the South, with two thirds or 20,800 homes seeing price value gains. Waltham Forest led the charge in London, with 59% of homes seeing increases to the tune of £26,600 on average. Overall, while London was among the regions seeing the lowest proportion of homes with value gains, those that did saw the UK’s highest average price increase of £17,400.
Gloucester in the South West was another regional hotspot, with 62% of homes seeing increases. However, the South West also features the local authority with the highest percentage of homes seeing value decreases - with Torbay on the coast seeing 79% of homes fall in value.
Hastings in the South East saw a similarly high percentage of homes suffer price drops over 2025 (78%), with Torridge in the South West (77%) rounding out the three local authorities seeing the highest rate of price drops. In London, seven out of 10 homes in Kensington and Chelsea recorded decreases.
Table 3: Local Authorities with most homes increasing in value in each region in 2025
Top LA in each region | Region | % homes | # homes | Avg. gain (£) |
Renfrewshire | Scotland | 95% | 47,000 | £ 12,500 |
Chorley | North West | 88% | 36,900 | £ 11,500 |
Wrexham | Wales | 79% | 37,600 | £ 10,400 |
Northumberland | North East | 78% | 98,000 | £ 8,600 |
Calderdale | Yorkshire and The Humber | 77% | 63,100 | £ 10,000 |
Dudley | West Midlands | 77% | 89,200 | £ 8,500 |
Castle Point | East of England | 67% | 20,800 | £ 10,500 |
High Peak | East Midlands | 67% | 22,600 | £ 8,800 |
Gloucester | South West | 62% | 31,000 | £ 8,300 |
Waltham Forest | London | 59% | 55,800 | £ 26,600 |
Test Valley | South East | 58% | 26,900 | £ 12,300 |
Market pressures greatest for flats and properties valued over £1m
Certain property types and price brackets proved particularly resilient to market pressures in 2025. Terraced and semi-detached homes were the property type most likely to see consistent value increases, with over half (56%) doing so across the country. On the other hand, flats were most likely to see value losses of one percent or more, with 50% seeing values fall over 2025.
Richard Donnell, Executive Director at Zoopla comments: “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. 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.
“Understanding the value of your home and speaking to local agents is an essential step before making an offer to buy a new home. Over 5 million homeowners are signed up to track their home’s value on Zoopla including data and insights to help them plan their next move. Getting the right price that generates interest alongside a strong marketing strategy is essential for those looking to make a move in 2026.”