London property values grew fastest during first half of year at 8.2% or £43,115 whiles Scottish property values increased only 1.1% compared with a national average of 6.5%, the data also shows.
It means that the average British home has increased in value by £90 a day but the star was the Manchester suburb of Salford where average property values have risen 12% and now stand at £138,619, a growth rate that eclipses even London.
Although average house prices in the capital, which currently stand at £567,392 according to Zoopla, are more than four times higher than in Salford.
Brough in Yorkshire and St Leonards-On-Sea in East Sussex have also seen strong growth in average property values over the last six months at 11.9% and 11.8% respectively.
‘Home owners up and down the country are starting to see the benefits of the recovery as home values make further headway in 2014,’ said Lawrence Hall of Zoopla.
‘Over the past few years Salford especially has prospered from job creation in the area which has helped boost the local property market. Property price growth has largely been a London and South East story until recently, so it is very encouraging to see the house price recovery broadening and the ripple effect starting to take hold further north,’ he explained.
‘There have been a few weak spots in the market so far in 2014, like Cornwall where the strong pound has started turning those looking for holiday homes back towards foreign property markets. And towns on the England/Scotland border are likely suffering from caution amongst buyers ahead of the referendum on independence in September,’ he added.
