The UK towns and cities with the highest property price increases outside London revealed 

The 10 UK towns and cities that have experienced the highest property price increases outside of London have been named. Analysis of median house prices showed that increases were highest in towns in Surrey Heath, Solihull and Leicester. 

1 Surrey Heath 

The study carried out by Online Marketing Surgery and BLG Development Finance, as reported by the Daily Express, showed that Camberley Town had the highest percentage increase outside of London with a 75.8 per cent jump. 

A typical property in Camberley Town in March 2023 would have cost a homeowner £347,750 to purchase, and in March 2024 this figure surged to £611,250. 

2 Solihull

Central Solihull and Sharmans Cross saw the second highest increase. Here the median property price soared 54.3 per cent, from £317,500 in March 2023 to £490,000 a year later. 

3 Leicester 

Hamilton North, Leicester, had the third biggest increase, from £148,000 to £215,000 – a rise of 45.3 per cent.

4 Sunderland 

Next is Harraton, Rickleton and Fatfield in Sunderland where the average price rose from £164,000 to £235,000, marking a jump of 43.3 per cent. 

5 Cornwall 

In fifth is Towednack, Lelant and Carbis Bay in Cornwall where the median rose 41.9 per cent from £310,000 in March 2023 to £440,000 in March 2024.

6 Sheffield 

Devonshire Quarter, Sheffield, had a median price rise of 39.5 per cent – from £122,750 to £171,250.

7 Leeds 

Farnley West and Gamble Hill in Leeds, had an average rise of 37.8 per cent – going from £186,000 to £256,250. 

8 Slough 

Central Slough and Upton Court also experienced the same percentage rise, with the average price here going from  £308,500 to £425,000. 

9 Birmingham 

Bourneville West in Birmingham, jumped 37.4 per cent from £285,000 to £391,500. 

10 Surrey

In tenth place is Dorking South in the Mole Valley. The median price here rose 36.5 per cent in the year, going from £460,000 to £628,000, according to the analysis.

The UK property market 

On a national level, in February 2025 it was reported that property values fell by 0.1 per cent on a monthly basis, taking the average UK house price to £298,602.

Annual house price growth remained at 2.9 per cent, which was unchanged from January 2025, reported PA news agency. 

Stamp duty changes 

Amanda Bryden, head of mortgages at Halifax, said: “February’s figures highlight the delicate balance within the UK housing market.

“While there’s been talk of a last minute rush on new mortgages ahead of the changes to stamp duty, inevitably we’ve seen some of the demand that was brought forward start to fade as the April deadline ticks closer, given the time needed to complete a purchase.”

Bryden added: “While house price growth has slowed overall, market activity remains strong and comparable to pre-pandemic levels, demonstrating a resilience amongst buyers that’s been evident in the face of higher borrowing costs.

“While those affordability challenges persist, the ongoing shortage of housing supply coupled with sustained demand suggests property prices will continue to rise this year, albeit at a more measured pace compared to last year.”

Rightmove’s mortgage expert Matt Smith said: “As the stamp duty deadline edges nearer, we expect a rush to complete from those in the process of buying a home, particularly from affordability-stretched first-time buyers eager to avoid unnecessarily parting with thousands of extra pounds.”

Yopa chief Verona Frankish said: “The UK property market has continued to stand strong, with house prices remaining higher than this time last year, driven in part by the rush to beat the stamp duty deadline at the end of this month.”

Bank of England base rate 

Andrew Montlake, chief executive of Coreco Mortgage Brokers said: “There is no shortage of economic headwinds facing the property market, and affordability is a constant challenge for many buyers, but it remains as hardy as ever.”

He added: “The hope is that the rise in inflation is brief and that the (Bank of England) base rate can be brought down sooner rather than later.

“Another rate cut or two this year would be a massive tonic for bricks and mortar.”

Holly Tomlinson, financial planner at wealth manager Quilter said: “Affordability remains stretched, and economic uncertainty, both domestic and global, continues to weigh on sentiment.”

She continued: “The housing market has been banking on rate cuts this year, but if inflation stays sticky borrowing costs could stay higher for longer, slowing house price growth or even pushing prices down in real terms.

“The next few months will be crucial in setting the direction of the housing market. If inflation can be controlled and the Bank of England presses ahead with rate cuts, the housing market could see renewed momentum.

“However, persistent inflation, higher mortgage rates, and global trade tensions could dampen demand and keep price growth subdued.”