EXCLUSIVEHouse prices surge by £13,000 on average in the last 12 months - use MailOnline's interactive tool to find out how much value has increased in YOUR area
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House prices across Britain have surged by an average of £13,000 over the last 12 months, according to new analysis.
Online estate agents Purplebricks says homes in every region in the UK have appreciated on average - particularly in the north-west, where homes have risen in value by eight per cent.
Homeowners enjoyed a mean increase in value of £13,000 in the year to February 2025, according to the official data published by the Office for National Statistics.
Growth was flat on a monthly basis, with the average house price going up by just £91 in February itself.
But prices rose by 5.4 per cent across the year, putting the price of a typical UK property at £268,000. Despite this, experts say first-time buyers hoping to invest shouldn't give up hope.
Some local areas have fared better than others: the best place to own a house as an investment is Sevenoaks in Kent, where values rose by 11 per cent or more than £57,000 in the last year.
It puts the average value of a home in the commuting town - less than an hour from Charing Cross by train - at £534,430.
How much have house prices changed where YOU live? Use our exclusive interactive tool to find out below.
This three-bedroom home in Morden, south London, is on the market for £625,000. Prices in the borough, Merton, have risen 7.9 per cent in the last year
The semi-detached property blends traditional charm with potential for modernisation, the estate agent says
Other big winners in the appreciation game were in Windsor, where prices rose nine percent, South Oxfordshire (up nine per cent) and North East Derbyshire, where prices rose a staggering 15 per cent.
Several London boroughs including Merton, Lewisham, Richmond Upon Thames and Redbridge also saw values increase by between six and 10 per cent.
The average home in Richmond - made world-famous thanks to Apple TV football series Ted Lasso - now stands at £788,480 after rising six per cent.
It was a mixed bag in the capital: 24 boroughs saw average house prices rise, while values remained the steady in one area and prices plunged in eight locations.
Values fell 14 per cent in posh Kensington and Chelsea, 10 per cent in affluent Hammersmith and Fulham, eight percent in the City of London financial hub and five per cent in Islington.
Even trendy Camden wasn't spared, with homes there losing two per cent of their value year-on-year.
Meanwhile, properties in the City of Westminster in London depreciated some 21 per cent, or losing an average of £192,415 in value.
But city townhouses at the political heart of Britain are still worth a meaty £920,645 for those who can afford them.
The Cotswolds, Ceredigion in West Wales and Na h-Eileanan Siar - the Western Isles of Scotland - also suffered, with homes on the remote Scottish islands losing a mean of 18 per cent of their value.
This three-bed semi-detached house in Maidenhead is on sale for £490,000. In Windsor and Maidenhead, prices rose 8.5 per cent on average year-on-year
A well-lit conservatory is a key feature of the property, which is 10 minutes' walk from the Elizabeth Line connecting to London
It also boasts a south-facing garden with decking and a gazebo - perfect for summer barbeques
Despite this, analysts say the market remains bullish and primed for activity, particularly in the commuter belt, London's outer boroughs and the south.
Across England, homes grew in value by 5.3 per cent to an average of £291,640; in Wales, prices rose 4.1 per cent to £207,382; and in Scotland, values increased 5.7 per cent to £185,870.
Inflation fell 2.6 per cent in March thanks to falling fuel prices and stable food costs, fuelling speculation that the Bank of England will cut interest rates.
Jo Pocklington, MD of Purplebricks Mortgages, says lenders are already reducing rates on fixed rate mortgages in anticipation of the snip.
She also pointed out that the average UK house price is far below the threshold for stamp duty on first-time purchases.
This is despite Labour cutting the threshold for first-time buyers by £125,000 following temporary relief to keep the market turning over post-Covid - giving those yet to get on the ladder greater headroom.
This end-of-terrace home is in Sevenoaks - where prices have risen 10.8 per cent in the last year, or around £57,000
It features a warm and inviting living room upon entry as well as two bedrooms - and a large private garden - all for offers in excess of £375,000
The large garden area also comes with a summerhouse, perfect as a home office or a reading nook, and a storage outbuilding
'First time buyers should not be spooked by house price rises, even in the wake of this month's stamp duty hike,' Ms Pocklington said.
'The average UK home is still comfortably below the £300,000 stamp duty threshold meaning first time buyers have plenty of places to choose from - even including some London boroughs.
'And, lenders are already reducing rates on fixed-rate mortgages in anticipation of another Bank of England base rate cut, on the back of uncertainty sparked by US tariff turmoil.'
Tom Evans, sales director at Purplebricks, said: 'Another year-on year price rise is fantastic news for UK homeowners in today's house price index.
'We here at Purplebricks are confident that prices will continue to surge in 2025.'
