House prices showed recovery in 2024

House prices returned to growth in 2024, as half of the UK’s housing stock increased in value by an average of £7,600*.

Last year, 15 million homes in the UK rose in price by at least 1%, with 6.9 million increasing by £10,000 or more. Nearly six million homes stayed at broadly the same price, with a minimal change of +/- 1%. Meanwhile, a third of homes (9.2 million) decreased in value by 1% or more – an improvement on 12.8 million in the previous year.

Housing affordability continued to vary regionally, as 63% of homes in Scotland and the north of England registered value gains in 2024. However, only 36% of homes saw the same rise in southern England.

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*Zoopla, 2025