In 2024, more UK homeowners saw their property values increase compared to the previous year, with around half of homes experiencing a 1% or more rise, according to Zoopla. However, approximately one-third of properties saw price declines of 1% or more, totaling over nine million homes, while just under six million homes had stable prices. The average property value across Britain increased by £2,400 last year, with southern England experiencing more concentrated price falls due to higher mortgage rates impacting buying power.
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