It is the area of the country where property prices rose the most this year.
A former industrial town in Scotland has been named the country’s top housing hotspot of 2025. It is the only Scottish destination to feature on a new UK-wide list of where property prices rose the most this year according to Lloyds Banking Group.
On Tuesday, December 30, Lloyds shared a roundup of the locations across the UK that have seen the largest increases in average value in 2025 compared to the previous year. A total of 10 places were singled out on the experts’ nationwide roundup.
Coming in at number nine on the UK-wide list, and the only location in Scotland to be included, is Falkirk in the Central Lowlands. The town was an important centre of heavy industry during the Industrial Revolution, though today is better known for its various attractions.
According to Lloyds, the average home value in Falkirk in 2025 was £238,512. The average property value in the town in 2024 was £222,718, marking an increase of £15,794—or 7.1 per cent—in 2025.
Falkirk is famous for the Falkirk Wheel that links the Forth and Clyde Canal to the Union Canal 35 metres above, and is the only rotating boat lift in the world. Other highlights of the area include The Kelpies, which is the world’s largest equine sculpture, and the historic Callendar House and Park.
Scotland as a whole saw an increase of 3.7 per cent in average home value in 2025 compared to 2024. This year, the average home value in the country was £257,399—an increase of £9,302 from the 2024 figure of £248,098.
Elsewhere, coming in at number one on Lloyds’ list of the UK’s top housing hotspots of 2025 is Plymouth in England. Plymouth is a port city in Devon that is renowned for its maritime history and cobbled Barbican district, as well as attractions such as the National Marine Aquarium and Smeaton’s Tower.
Lloyds revealed that the average home price in Plymouth in 2025 was £278,808. With the 2024 average being £247,579, this marks an increase of £31,229—or a 12.6 per cent rise.
Following behind in second place on Lloyds’ roundup of the top housing hotspots in the UK is Stafford in Staffordshire, where the average home value rose 12 per cent from £286,732 in 2024 to £321,248 in 2025. Rounding out the top five are Wigan in Greater Manchester, Wakefield in West Yorkshire, and Mansfield in Nottinghamshire.
Head of mortgages at Lloyds Amanda Bryden commented: “Our customers’ dream homes are found in pockets around the UK and we’ve supported thousands of people to take their next home buying step this year—whether they’re getting on the ladder for the first time or moving up. We’ve seen significant change in property values with some areas rising sharply, while others have cooled.
“If you’ve got your heart set on a particular location, it’s worth taking time out to do some research and see what’s happening with prices there, as swings in value at a local level can make a big difference to how much you may need for a deposit, Stamp Duty or wider moving costs.
“If you’re open to exploring, you might find places where your money goes further. Northern regions and Scotland are still generally more affordable than the south of England, with a huge amount to offer in terms of culture and history, alongside some of the most beautiful parts of the UK countryside.”
Bryden added: “While house prices play a role, choosing where to live is also about finding a place that feels right—a community you connect with, a commute that works for you, and a lifestyle that fits you. When you’re thinking about house hunting, getting mortgage advice early will help you to plan and setting a realistic budget, alongside factoring in extra costs like stamp duty and legal fees, will help make the process less daunting and keep your dream of homeownership on track.”
See below for the full list of the top 10 housing hotspots in the UK for 2025. More information about the research can be found on the Lloyds website.
The top 10 UK housing hotspots of 2025
- Plymouth, South West
- Stafford, West Midlands
- Wigan, North West
- Wakefield, Yorkshire and the Humber
- Mansfield, East Midlands
- Woking, South East
- Liverpool, North West
- Rugby, West Midlands
- Falkirk, Scotland
- Hull, Yorkshire and the Humber
