We take a closer look at the East Midlands region as part of our series of property spotlights, focusing on average house prices, the total number of sales and the size of the market around the country.
The figures are based on the latest data from the Land Registry House Price Index which helps to form a picture of the region’s housing markets. While there is no single measure which provides a complete picture of the market, below are 20 areas with statistics on the total value of all property transactions in the past year. This has been calculated by multiplying the average value of homes by the number of sales.
- The district with the largest market is Northampton which saw £843m worth of transactions in the year to January 2017.
- This was followed by Charnwood with £535m worth of sales over the same period.
- The district with the highest overall average house price was South Northamptonshire where prices sit at £301,600, which is 31% above the national average.
- The market with the highest number of transactions was Northampton with 4,351 sales occurring during the period.
Where have house prices increased the most?
Here are five districts with the highest annual capital growth.