This is where house prices have increased the most this year

 
Helen Cahill
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Many have predicted that house prices will fall next year (Source: Getty)

The average British home has increased in value by £19,348 during 2016 - £56.57 per day - bringing the British property market's value to £8.17tn.

The data from Zoopla shows that the UK market's value has gone up by 7.35 per cent as a whole this year.

Read more: This is how far house prices will fall in 2017

The most growth was seen in the east of England, where the average house price has increased by 11.56 per cent.

Average property value and increase - by region

Ranking

Region

Current average value

Percentage increase in value since January 2016

1

East of England

£358,401

11.56 per cent

2

West Midlands

£220,993

8.74 per cent

3

South East England

£411,736

8.44 per cent

4

South West England

£297,054

7.88 per cent

5

North West England

£190,005

7.57 per cent

6

East Midlands

£209,183

7.42 per cent

7

Yorkshire and The Humber

£173,362

5.58 per cent

8

Scotland

£185,344

5.56 per cent

9

London

£680,593

5.12 per cent

10

Wales

£179,096

3.80 per cent

11

North East England

£187,683

2.41 per cent

The two towns where property values have increased the most were both commutable from London. In Diss, Norfolk, the average house price has increased 16.2 per cent to £305,896, and in Leatherhead, Surrey, the average value went up by 14.7 per cent to £833,631.

Top 10 best towns for price growth since January 2016

Ranking

Town

Current average value

Percentage increase in value since January 2016

1

DISS, Norfolk

£305,896

16.20 per cent

2

LEATHERHEAD, Surrey

£833,631

14.70 per cent

3

SOUTHALL, London

£382,153

14.55 per cent

4

CROOK, County Durham

£121,949

14.45 per cent

5

SEAFORD, East Sussex

£351,888

14.29 per cent

6

WOODFORD GREEN, Essex

£616,925

14.28 per cent

7

CHIPPENHAM, Wiltshire

£338,102

14.14 per cent

8

NORTHWOOD, London

£915,207

14.13 per cent

9

SHOREHAM-BY-SEA, West Sussex

£387,248

13.80 per cent

10

UPMINSTER, Essex

£552,561

13.77 per cent

Lawrence Hall spokesperson for Zoopla, said: "2016 has certainly been a historic year, with the events of the past six months giving rise to potential political uncertainty. However, the property market, it seems, remains resilient and property values across Britain have continued to grow."

Not everywhere has been on the up, however. In Aberdeen, which was hit by the falling price of oil, the average house price dropped by 2.82 per cent, and is now £217,234.

Bottom 10 towns for price growth since January 2016

Ranking

Town

Current average value

Percentage increase in value since January 2016

1

ABERDEEN, Aberdeenshire

£217,234

-2.83 per cent

2

LLANDUDNO, Conwy

£195,623

-2.38 per cent

3

ASHINGTON, Northumberland

£108,611

-2.31 per cent

4

BANGOR, Gwynedd

£165,673

-1.03 per cent

5

NEWQUAY, Cornwall

£264,892

-0.81 per cent

6

WEST DRAYTON, London

£360,604

-0.43 per cent

7

OSSETT, West Yorkshire

£167,224

0.02 per cent

9

TREDEGAR, Blaenau Gwent

£93,458

0.25 per cent

10

PONTYPRIDD

£144,413

0.51 per cent

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