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UK House Prices: Which Areas Are Seeing Prices Soar?

September 2, 2021

As the UK steps further out of lockdown, while there is some trepidation, there is also a lot of renewed activity. According to data from the Land Registry’s UK House Price Index, average British home prices for May 2021 had risen 10% annually - an increase of £23,000 to £254,624.

These property price growths have been fueled by a pandemic-related trend towards moving home, as well as buyers acting quickly to benefit from the Government’s Stamp Duty Holiday.

As the stamp duty holiday is now being phased out and will return to original rates by the end of September 2021, growth related to these buyer-savings may plateau. That said, there are still some solid reasons to expect continued growth.

Firstly, the Government-backed Mortgage Guarantee Scheme is still in place, allowing buyers (especially first-time buyers) to access mortgages with just 5% deposit until December 2022. Secondly, there are some significant regeneration works that have been planned - and in many cases already executed - that are likely to maintain demand for key areas.

So, with that in mind, we’ve looked at Rightmove data* in the areas we operate in to reveal which UK areas are benefiting from regeneration and seeing house prices soaring, and which areas are seeing prices decrease. Areas seeing strong price increases may be of interest to potential investors, while places where prices are flatlining or decreasing could offer an opportunity to those looking to get on the property ladder in the area.

1. Liverpool City Centre

  • Average property price £166,277
  • Up 42% since 2019
  • Total number of properties sold in the past year: 186

The majority of sales in Liverpool City Centre during the last year were flats, selling for an average price of £153,123. Terraced properties sold for an average of £347,440, with semi-detached properties fetching £241,087.

Liverpool City Centre has many regeneration plans in place and being actioned in order to best recover from the pandemic. Broad improvements to key areas such as Williamson Square, the Commercial District and Cavern Quarter, seek to make the areas more connected and attractive, whilst reinforcing the city centre as a powerful hub for business, residential, culture and tourism.

Between a commitment to engage with landlords impacted by Covid, to working to embed a cultural regeneration within the city centre, Liverpool’s recovery seems to be right on track, as evident in its property growth figures.

2. Manchester, Greater Manchester

  • Average property price £286,559
  • Up 34% since 2019
  • Total number of properties sold in the past year: 6,106

The majority of sales in Manchester during the last year were semi-detached properties, selling for an average price of £264,101. Terraced properties sold for an average of £205,159, with flats fetching £414,516.

Overall, sold prices in Manchester over the last year were 34% up on the previous year and 44% up on the 2018 peak of £199,661. A variety of regeneration projects in Greater Manchester areas have ensured its recovery and growth as we head out of lockdown. The Swan Street Community has become a popular new lifestyle hotspot, and Stockport is enjoying a new community arts space, as well as the recently divulged details of a huge £60 million renovation to the historic Weir Mill.

3. Acton

  • Average property price £664,869
  • Up 24% since 2019
  • Total number of properties sold in the past year: 322

The majority of sales in Acton during the last year were flats, selling for an average price of £485,160. Semi-detached properties sold for an average of £1,072,290, with terraced properties fetching £878,478.

Overall, sold prices in Acton over the last year were 24% up on the previous year and 9% up on the 2017 peak of £611,416.

Large-scale regeneration is planned for the area, with new homes, commercial spaces, children’s play areas, and landscaped green areas, as well as an improved community facility all being created within a couple of minutes walk from Acton Mainline Crossrail Station.

4. Ilford

  • Average property price £500,010
  • Up 22% since 2019
  • Total number of properties sold in the past year: 729

The majority of sales in Ilford during the last year were terraced properties, selling for an average price of £488,010. Semi-detached properties sold for an average of £536,800, with flats fetching £455,446.

Overall, sold prices in Ilford over the last year were 22% up on the previous year and 20% up on the 2018 peak of £417,007.

The improvements made to Ilford of late have clearly had the desired effect. Improvements include those in the town centre and children’s play areas, as well as the introduction of a new green market. The area's regeneration was even boosted by a recent award of £500,000 from the GLA for setting an excellent example for how to carry out high street recovery.   

4 Bedrooms, 1 Bathroom

Southwood Gardens, Gants Hill, IG2

£675,000 (Freehold)

View property details.

5. Liverpool, Merseyside

  • Average property price £194,838
  • Up 15% since 2019
  • Total number of properties sold in the past year: 5,431

The majority of sales in Liverpool during the last year were semi-detached properties, selling for an average price of £212,974. Terraced properties sold for an average of £137,611, with detached properties fetching £340,834.

Overall, sold prices in Liverpool over the last year were 15% up on the previous year and 23% up on the 2018 peak of £159,023.

The Liverpool City Council has created a 10-year masterplan to ‘remember, reimagine and revitalise’ the County District Centre after receiving funding from the Region Town Centre Fund. Additionally, the area is connected to the A59 which is currently having £4.5 million spent on upgrades.

6. Walthamstow

  • Average property price £547,302
  • Up 13% since 2019
  • Total number of properties sold in the past year: 867

The majority of sales in Walthamstow during the last year were terraced properties, selling for an average price of £637,566. Flats sold for an average of £396,797, with semi-detached properties fetching £707,706.

Overall, sold prices in Walthamstow over the last year were 13% up on the previous year and 14% up on the 2017 peak of £479,507.Walthamstow has been seeing consistent property price increases as a result of the region’s ambitious plans to expand housing and jobs, as well as making environmental improvements.


2 Bedrooms, 1 Bathroom

Brettenham Road, Walthamstow, E17

£425,000 (Leasehold)

View property details.

7. Leyton

  • Average property price £506,773
  • Up 12% since 2019
  • Total number of properties sold in the past year: 451

The majority of sales in Leyton during the last year were terraced properties, selling for an average price of £610,192. Flats sold for an average of £392,008, with semi-detached properties fetching £681,377.

Overall, sold prices in Leyton over the last year were 12% up on the previous year and 12% up on the 2018 peak of £453,803.

Leyton was granted planning permission for a £190 million regeneration project in the first ever live-streamed council meeting for Waltham Forest back last year. The project will include 750 new homes, as well as an 18 storey tower.

2 Bedrooms, 1 Bathroom

Wragby Road, Leytonstone, E11

£390,000 (Share of Freehold)

View property details.

8. Woodford

  • Average property price £597,332
  • Up 11% since 2019
  • Total number of properties sold in the past year: 466

The majority of sales in Woodford during the last year were terraced properties, selling for an average price of £609,900. Flats sold for an average of £347,313, with semi-detached properties fetching £720,404.

Overall, sold prices in Woodford over the last year were 11% up on the previous year and 10% up on the 2018 peak of £544,521.


2 Bedrooms, 2 Bathrooms

Albert Road, South Woodford, E18

£650,000 (Freehold)

View property details.

9. Dulwich

  • Average property price £849,886
  • Up 11% since 2019
  • Total number of properties sold in the past year: 496

The majority of sales in Dulwich during the last year were flats, selling for an average price of £483,295. Terraced properties sold for an average of £998,762, with semi-detached properties fetching £1,276,795.

Overall, sold prices in Dulwich over the last year were 11% up on the previous year and 15% up on the 2018 peak of £742,076.

Dulwich has been undergoing environmental Works to include new tarmac, re-paving, developing new parking areas, refurbishing children play areas and creating several new communal gardens. With so many people seeking more outdoor/green spaces to enjoy close to home, these works have enhanced Dulwich’s desirability with perfect timing.


4 Bedrooms, 2 Bathrooms

Lordship Lane, Dulwich, SE22

£1,300,000 (Freehold)

View property details.

10. Chigwell

  • Average property price £568,339
  • Up 8% since 2019
  • Total number of properties sold in the past year: 375

The majority of sales in Chigwell during the last year were semi-detached properties, selling for an average price of £523,214. Terraced properties sold for an average of £452,615, with flats fetching £452,500.

Overall, sold prices in Chigwell over the last year were 8% up on the previous year and 6% up on the 2018 peak of £534,034.

The Chigwell Parish Council has a plan in place to introduce new housing, provide a new Community Hub and roll out an effective free local public transportation system within its current Neighbourhood plan.


5 Bedrooms, 3 Bathrooms

Meadow Way, Chigwell, IG7

£3,000,000 (Freehold)

View property details.

11. Islington

  • Average property price £858,389
  • Up 7% since 2019
  • Total number of properties sold in the past year: 1,068

The majority of sales in Islington during the last year were flats, selling for an average price of £657,403. Terraced properties sold for an average of £1,456,671, with semi-detached properties fetching £2,001,838.

Overall, sold prices in Islington over the last year were 7% up on the previous year and 13% up on the 2017 peak of £761,269.

1 Bedroom, 1 Bathroom

Britannia Row, Islington, N1

£450,000 (Share of Freehold)

View property details.

12. Clapham

  • Average property price £865,984
  • Up 6% since 2019
  • Total number of properties sold in the past year: 968

The majority of sales in Clapham during the last year were flats, selling for an average price of £598,271. Terraced properties sold for an average of £1,288,116, with semi-detached properties fetching £1,471,824.

Overall, sold prices in Clapham over the last year were 6% up on the previous year and 6% up on the 2018 peak of £818,769.

With the final stage of the £1.4 billion regeneration project recently being signed off for Clapham, construction of new homes and the creation of 3,360 construction jobs is now imminent.

2 Bedrooms, 1 Bathroom

New Park Road, Clapham Park, SW2

£400,000 (Leasehold)

View property details.

13. Forest Gate

  • Average property price £484,924
  • Up 4% since 2019
  • Total number of properties sold in the past year: 199

The majority of sales in Forest Gate during the last year were terraced properties, selling for an average price of £521,329. Flats sold for an average of £315,556, with semi-detached properties fetching £718,625.

Overall, sold prices in Forest Gate over the last year were 4% up on the previous year and 11% up on the 2018 peak of £437,711.

Recent regeneration for Forest Gate has been incorporated in the Newham High Streets programme to develop ‘15 minute neighbourhoods’, designed for residents to be able to access all social, civic, economic and cultural essentials with ease.

2 Bedrooms, 2 Bathrooms

Romford Road, Manor Park, E12

£300,000 (Leasehold)

View property details.

14. Camden

  • Average property price £1,146,548
  • Up 1% since 2019
  • Total number of properties sold in the past year: 184

The majority of sales in Camden during the last year were flats, selling for an average price of £753,372. Terraced properties sold for an average of £2,242,769, with semi-detached properties fetching £2,435,519.

Overall, sold prices in Camden over the last year were 1% up on the previous year and 4% up on the 2018 peak of £1,107,195.

Camden Town is set to receive £3.2 million from the Mayor’s Regeneration Fund and the Camden Council collectively, to invest in local businesses and improve its public spaces. Cobden Junction improvements, event hosting and a new civic space are just some of the highlights that should keep Camden in growth mode and improve the rate that it does.

2 Bedrooms, 1 Bathroom

Harrington Square, King's Cross, NW1

£450,000 (Leasehold)

View property details.

15. Highbury

  • Average property price £819,226
  • Up 1% since 2019
  • Total number of properties sold in the past year: 295

The majority of sales in Highbury during the last year were flats, selling for an average price of £606,805. Terraced properties sold for an average of £1,408,384, with semi-detached properties fetching £1,882,998.

Overall, sold prices in Highbury over the last year were similar to the previous year and 8% up on the 2015 peak of £760,914.

The transformation to the Highbury Corner roundabout in conjunction with other improvement works has certainly made Highbury more accessible and pleasant, including improved cyclist and pedestrian facilities. Currently this area has been holding up, but as restrictions ease it should begin witnessing some growth.


1 Bedroom, 1 Bathroom

Riversdale Road, Highbury, N5

£425,000 (Leasehold)

View property details.

16. Fulham

  • Average property price £1,054,257
  • 0% change since 2019
  • Total number of properties sold in the past year: 767

The majority of sales in Fulham during the last year were flats, selling for an average price of £725,511. Terraced properties sold for an average of £1,563,840, with semi-detached properties fetching £2,113,933.

Overall, sold prices in Fulham over the last year were similar to the previous year and similar to the 2016 peak of £1,052,324.

Planning for a £300 million mixed-use development is in place for Fulham, which would see 269 flats and over 32,000 square feet of commercial space being built. This development will include shops, restaurants, a business lounge and beautifully landscaped gardens. As this plan comes to fruition, the area should start seeing some of its own growth.

2 Bedrooms, 2 Bathrooms

Dancer Road, Fulham, SW6

£750,000 (Leasehold)

View property details.

17. Bethnal Green

  • Average property price £575,114
  • 0% change since 2019
  • Total number of properties sold in the past year: 235

The majority of sales in Bethnal Green during the last year were flats, selling for an average price of £533,925. Terraced properties sold for an average of £867,533, with detached properties fetching £1,293,940.

Overall, sold prices in Bethnal Green over the last year were similar to the previous year and 4% up on the 2016 peak of £552,768.

18. Hammersmith

  • Average property price £934,234
  • 3% down since 2019
  • Total number of properties sold in the past year: 306

The majority of sales in Hammersmith during the last year were flats, selling for an average price of £715,229. Terraced properties sold for an average of £1,342,517, with semi-detached properties fetching £1,644,286.

Overall, sold prices in Hammersmith over the last year were 3% down on the previous year and 8% down on the 2017 peak of £1,012,492.

With the demolition phase completed regeneration for Hammersmith is in full swing. The end result planned includes a new cinema, 204 new homes, a new performance space, flexible office facilities, a public art gallery and new general public space and better value office space.

2 Bedrooms, 1 Bathroom

Burlington Mews, Acton, W3

£515,000 (Leasehold)

View property details.

19. Battersea

  • Average property price £869,337
  • 4% down since 2019
  • Total number of properties sold in the past year: 933

The majority of sales in Battersea during the last year were flats, selling for an average price of £713,127. Terraced properties sold for an average of £1,211,621, with semi-detached properties fetching £1,515,878.

Overall, sold prices in Battersea over the last year were 4% down on the previous year and 9% down on the 2017 peak of £954,446.

Improvements have been ongoing in the Battersea area for some time now, and with a masterplan for a £1.4 billion estate regeneration programme being given the green light earlier this year, Battersea is certainly an area to watch for further growth potential.


2 Bedrooms, 1 Bathroom

Crockerton Road, Tooting Bec, SW17

£495,000 (Share of Freehold)

View property details.

20. Bloomsbury

  • Average property price £767,436
  • 9% down since 2019
  • Total number of properties sold in the past year: 70

The majority of sales in Bloomsbury during the last year were flats, selling for an average price of £654,666. Terraced properties sold for an average of £3,586,667.

Overall, sold prices in Bloomsbury over the last year were 9% down on the previous year and 13% down on the 2017 peak of £879,297.

Bloomsbury has suffered as a result of the pandemic, but as restrictions ease and students and tenants are flocking back to London, we should see a turnaround in the next quarter. The regeneration to Tottenham Court Road’s Centre Point, with its new public square, trendy restaurants and alfresco dining options is also sure to put its surrounding neighbourhoods back on the map.


1 Bedroom, 1 Bathroom

Portpool Lane, Clerkenwell, EC1N

£490,000 (Leasehold)

View property details.

Get in touch

If you are looking to purchase a property in London, view our wide range of London properties for sale, or give us a call on 020 7099 4000 to find out how we can assist you with your search!

We also have Portico offices operating in all areas covered in this article, so if you are looking to buy or sell in those areas, get in touch. We also have mortgage experts on hand to answer any of your lending queries - just call 07824 353803 or email finance@portico.com.

Want to know what your property could be worth? Check out our online property valuation tool for an instant estimate!

*Data correct as of 30/08/21 via Rightmove.co.uk.


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