These are the British towns with the highest growth in house prices so far this year

 
Rebecca Smith
London house prices edged up 1.5 per cent in the first quarter
London house prices edged up 1.5 per cent in the first quarter (Source: Getty)

London house prices rose by an average of just under 1.5 per cent in the first three months of the year, but across Britain, the place for the highest growth in property value was Sidcup in Kent.

According to new data from Zoopla, the total value of the British residential property market rose by 1.4 per cent or £114bn during the first quarter of the year, which marked a rosier state of affairs than the same time last year.

Zoopla's data from last year had the property market shrinking by £29bn, a slight dip of 0.4 per cent.

Read more: Ranked: World cities with the steepest house price growth

London's 1.5 per cent rise marked an average increase of £9,841 for properties in the capital.

Sidcup in Kent recorded a near 2.9 per cent rise in prices, and was followed by Heathfield, Wallingford and Glastonbury as the places for the highest growth in value across the UK.

The top British towns for value increases in property for the first quarter:

Ranking

Towns

Average value January (£)

Average value March (£)

£ increase in value Q1

% increase in value Q1

1

Sidcup, Kent

£406,729

£418,490

£11,761

2.89 per cent

2

Heathfield, East Sussex

£436,202

£448,727

£12,525

2.87 per cent

3

Wallingford, Oxfordshire

£488,157

£502,017

£13,860

2.84 per cent

4

Glastonbury, Somerset

£305,889

£314,476

£8,587

2.81 per cent

5

Darwen, Lancashire

£126,552

£130,104

£3,552

2.81 per cent

6

Faversham, Kent

£328,246

£337,389

£9,143

2.79 per cent

7

Batley, West Yorkshire

£140,069

£143,947

£3,878

2.77 per cent

8

Devizes, Wiltshire

£319,906

£328,744

£8,838

2.76 per cent

9

Kenilworth, Warwickshire

£397,190

£408,085

£10,895

2.74 per cent

10

Hungerford, West Berkshire

£454,053

£466,188

£12,135

2.67 per cent

As for a wider regional breakdown, North West England had the highest average rise, followed by the East Midlands, Yorkshire and the Humber, West Midlands and then London in fifth.

Zoopla said: “Homeowners may be relieved to see that the market has had a more positive start to 2018 than 2017. House price growth outside London and the north is robust and shows little sign of slowing. Demand is holding up and affordability is attractive which is a positive for those looking to get on the ladder or move home.”

Read more: The risers and fallers of London boroughs ranked on house price growth

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