Map shows where houses getting even further out of reach for first-time buyers

York, Woking and Swansea have seen the most substantial house price inflation during 2022, with average prices increasing by around 20% 🏠📈

York recorded the strongest house price inflation across England and Wales’s towns and cities in 2022 – with an enormous average jump of 23.1%, or £69,648.

Meanwhile, Woking – which has strong links to central London – saw the biggest average house price increase of any town or city in cash terms in 2022. The cities and towns in England and Wales with the strongest annual percentage increases in house prices, according to Halifax1. York, Yorkshire and the, Humber, £370,639, £69,648, 23.1%4. Chelmsford, East of England, £485,770, £69,775, 16.8%6. Derby, East Midlands, £277,491, £37,953, 15.8%8. Peterborough, East of England, £289,994, £37,599, 14.9%=9. Cambridge, East of England, £531,730, £68,586, 14.8%12.

Experts have noted that it’s unusual for rapid house price growth not to be dominated by spots in the South East.

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