Property values have ‘surged’ in this one part of the regionPhoebe Jobling Property Writer and Vicky Shaw Press Association Personal Finance Correspondent
16:12, 30 Dec 2025Updated 16:17, 30 Dec 2025
House prices are climbing in Wigan(Image: Getty Images)
A Greater Manchester town has been named among the UK’s biggest house price hotspots of 2025. Plymouth, Stafford and Wigan make up the nation’s top three ‘property hotspots’ of the year, according to new research by Lloyds Bank.
The Devon port city of Plymouth saw the sharpest increase in property values over the past 12 months with average house prices climbing by 12.6 percent year-on-year, according to the latest figures from Lloyds drawn from its mortgage records.
Stafford and Wigan similarly experienced double-digit increases, with house prices rising by 12 percent in Stafford and and 10.5 percent in Wigan. The Greater Manchester town now has an average property value of £249,562, which is £23,740 higher than last year.
Rounding out the top 10 hotspots were Wakefield, Mansfield, Woking, Liverpool, Rugby, Falkirk and Hull. Amanda Bryden, head of mortgages at Lloyds, said: “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.”
She added: “While property 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.”
Plymouth topped Lloyds’ housing market hotspots list(Image: PA Archive/PA Images)
Meanwhile, Stockport was one of the top 10 areas with the biggest house price declines in 2025. The average house price in the area is now £330,654, which has fallen by £16,289 (4.7 percent) over the last year.
The South East dominated areas where house values either declined or experienced the slowest growth over the past year, the analysis revealed. Crawley and High Wycombe saw the steepest drops, with property values tumbling by 8.9 percent and 7.4 percent respectively.
Chester also recorded a 6.4 percent decrease in average house prices, though the north west of England as a whole saw growth of 3.7 percent in property values, according to the findings. Lloyds also noted a 5.2 percent decline in average house prices in Cardiff, even though property values across Wales rose by 2.3 percent overall.
“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,” Amanda added.
“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.”
For this analysis, Lloyds examined the 12-month period ending in October 2025 against the same timeframe ending in October 2024. Areas were only featured where Lloyds Banking Group had processed at least 150 mortgage applications during this window, with buy-to-let and shared ownership properties excluded.
Taking a broader view, Lloyds reported that the majority of UK regions experienced growth in residential property values throughout 2025. Northern Ireland topped the rankings with an increase of 5.8 percent, whilst London saw a marginal 0.1 percent average decrease in property values.
House prices have gone up by more than 10 percent in Wigan(Image: Getty Images)Top 10 areas with the biggest house price rises in 2025
Here are the average property values in 2025 alongside the monetary and percentage change from the previous year, according to Lloyds data.
1. Plymouth, South West, £278,808, £31,229, 12.6%
2. Stafford, West Midlands, £321,248, £34,516, 12.0%.
3. Wigan, North West, £249,562, £23,740, 10.5%.
=4. Wakefield, Yorkshire and the Humber, £286,268, £22,887, 8.7%.
=4. Mansfield, East Midlands, £243,251, £19,444, 8.7%.
6. Woking, South East, £560,499, £42,046, 8.1%.
7. Liverpool, North West, £254,550, £17,686, 7.5%.
8. Rugby, West Midlands, £374,653, £25,450, 7.3%.
9. Falkirk, Scotland, £238,512, £15,794, 7.1%.
10. Hull, Yorkshire and the Humber, £199,348, £12,206, 6.5%.
Property values have fallen in Stockport(Image: Getty Images)Top 10 areas with the largest house price declines in 2025
Here are the locations with the largest percentage decreases in average home values recorded by Lloyds, along with the average house price in 2025 and the cash and percentage change compared with the previous year:.
1. Crawley, South East, £372,202, minus £36,317, minus 8.9%.
2. High Wycombe, South East, £436,379, minus £34,994, minus 7.4%.
3. Chester, North West, £340,415, minus £23,114, minus 6.4%.
4. Solihull, West Midlands, £390,292, minus £25,976, minus 6.2%.
5. Worcester, West Midlands, £331,977, minus £21,724, minus 6.1%.
6. Cardiff, Wales, £310,577, minus £17,079, minus 5.2%.
7. Cheltenham, South West, £411,593, minus £21,616, minus 5.0%.
8. Brighton, South East, £404,874, minus £20,254, minus 4.8%.
=9. Barnsley, Yorkshire and the Humber, £215,552, minus £10,624, minus 4.7%.
=9. Stockport, North West, £330,654, minus £16,289, minus 4.7%.