Where in the UK Have House Prices risen 250% This Century?

The Essex resort town of Southend-on-Sea is the champion of growth in the UK this century, notching up impressive growth of 287% over the past 18 years.

The Land Registry confirms that prices in Southend-on-Sea, the home of the longest leisure pier in the world have risen faster than any town or city in the UK outside of London since 2000.

East of England locations such as Cambridge (279%), Luton (276%) and Basildon (274%) have been amongst the top performers for growth outside of London.

Despite slowing more recently, London remains king in terms of growth over the long term with growth of 271% since 2000 according to HouseSimple.com. Within Greater London, the boroughs of Waltham Forest (364pc), Hackney (339pc) and Lewisham (331pc) were the best performers.

Sam Mitchell of HouseSimple explains:

"We wanted to look at how house prices had fared across the rest of the country, as London is often viewed as a stand-alone property market, but is not reflective of the UK as a whole. In the middle of this 18-year period, we experienced one of the worst recessions this country has ever seen. It shows the resilience of the UK property market."

The north of England only produced two towns that have increased by more that 250% since 2000, namely, Sale and Salford according to the research.

Last year however, Birmingham, Manchester and Newcastle all grew at a more rapid pace than the south.

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