- Average asking price went up 1.4% but some locations saw much bigger rises
A commuter town in Surrey saw the biggest rise in house asking prices of any area last year, according to Rightmove.
The price of newly-listed properties in Sunbury on Thames jumped 12.5 per cent, with the average home listed for £592,976, up from £527,005 the year before.
This is in stark contrast to the UK market as a whole, which saw average asking prices only rise by 1.4 per cent last year.
Sunbury, which is located on the border of Surrey and West London, was not the only location to see its asking prices jump.
Where did house prices rise most in 2024?
Bristol city centre and Swinton in Greater Manchester both saw asking prices rise 9 per cent last year.
The average home was listed at £391,042 in Bristol City Centre at the end of 2024, up from £358,654 at the end of 2023. Asking prices in Swinton rose from £242,303 to £264,081.
Other locations which saw big asking price leaps included Skelmersdale in Lancashire, where newly-listed asking prices rose 8.4 per cent, and Gosforth in Newcastle Upon Tyne which saw a jump of 7.6 per cent on average.
London was the only region where prices at the end of 2024 were lower than at the end of 2023, dropping by 0.8 per cent or £5,575.
The average newly-listed property has an asking price of £661,444 in the capital.
Steve Pimblett, chief data officer at Rightmove said: ‘Despite a slow year for price growth overall, there will always be pockets of Britain which perform above the average, and 2024’s list of hotspots is a mixed picture, with the North, South, Scotland and Wales all represented in the top 10.
‘Agents tell us that good quality homes in popular areas have continued to attract buyer interest, even in the slower periods of the market since mortgage rates went up.
‘We predict that this year will be busier for the market in terms of price increases and sales, particularly if mortgage rates reduce.’
| Area | Average asking price 2024 | Average asking price 2023 | Year-on-year price change |
|---|---|---|---|
| 1. Sunbury-On-Thames, Surrey | £592,976 | £527,005 | 12.5% |
| 2. Bristol City Centre | £391,042 | £358,654 | 9% |
| 3. Swinton, Greater Manchester | £264,081 | £242,303 | 9% |
| 4. Skelmersdale, Lancashire | £154,004 | £142,058 | 8.4% |
| 5. Gosforth, Newcastle Upon Tyne | £302,189 | £280,886 | 7.6% |
| 6. Swansea, Wales | £208,709 | £194,439 | 7.3% |
| 7. Merthyr Tydfil, South Glamorgan | £183,550 | £171,007 | 7.3% |
| 8. Darwen, Lancashire | £177,631 | £166,179 | 6.9% |
| 9. North Shields, Tyne & Wear | £247,479 | £231,533 | 6.9% |
| 10. Glenrothes, Fife | £155,240 | £145,337 | 6.8% |