You are here: Home - News -

North prevails in

  • 06/10/2003
  • 0
The average house price has risen 138% in the last decade, according to new research from Halifax Es...

The average house price has risen 138% in the last decade, according to new research from Halifax Estate Agents.

While the study reported that the most expensive homes are currently to be found in Surrey, the largest increase by county occurred in Dorset, where prices have risen by 218% to £281,451 over the last decade. The fastest rises over the last 12 months have been found at the other end of the UK in Dumfries and Galloway, where prices have risen by an average of 48%, some 35% higher than the national average and 46% higher than some counties in the South West.

Jane Pridgeon, managing director of Halifax Estate Agents, said: “There has been huge variation in house price growth across the country over the past 10 years but there is little doubt that the majority of counties have done very well, with around 80% seeing increases of over 100%.”

“The past 12 months have definitely been ‘the year of the North’ as house prices in northern counties have generally outperformed the southern counties, slightly narrowing the traditional North/South divide.”

The survey also found that 52 counties now have an average house price of more than £100,000, compared to one in 1993.


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:

The Mortgage Advice Bureau The Mortgage Advice Bureau has appointed two new management personnel to...