Between April 2002 and April 2016, property prices across the UK increased by 126.9%. Certain areas experience capital appreciation more than others. We decided to take a look at the areas which topped the list. Here are the top 8 areas which have experienced the highest levels of capital growth. Thanks to Rightmove’s trendometeter, we could clearly compare average asking prices in April 2002 to average asking prices in April 2016.
Average asking price in April 2002: £220,72
Average asking price in April 2016: £646,200
Increase: 192.8%
Average asking price in April 2002: £221,904
Average asking price in April 2016: £578,687
Increase: 160.8%
Average asking price in April 2002: £157,433
Average asking price in April 2016: £363,486
Increase: 130.9%
Average asking price in April 2002: £206,410
Average asking price in April 2016: £489,044
Increase: 136.9%
Average asking price in April 2002: £67,715
Average asking price in April 2016: £154,121
Increase: 127.6%
Average asking price in April 2002: £199,959
Average asking price in April 2016: £459,116
Increase: 129.6%
Average asking price in April 2002: £167,703
Average asking price in April 2016: £370,348
Increase: 120%
Average asking price in April 2002: £61,749
Average asking price in April 2016: £135,740
Increase: 119.8%
Written by Jenna Kamal
Source
http://www.rightmove.co.uk/viz/house-price-trendometer/
Disclaimer and Legals
Property Moose does not provide any advice in relation to investments and you must rely on your own due diligence before investing. Please remember that property prices can go down as well as up and that all figures, rates and yields are projections only and should not be relied on. If in doubt, please seek the advice of a financial adviser. Your capital is at risk if you invest. This post has been approved as a financial promotion by Resolution Compliance Limited.
Property Moose is a trading name of Crowd Fin Limited which is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (no: 574048).
