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Conservative areas have the most expensive residential properties

House owners in Conservative-controlled areas have the most expensive properties, however the biggest property price rise has occurred in Gordon Brown’s constituency Kirkcaldy and Cowdenbeath with growth of +213% since Labour came to power in May 1997, according to Zoopla.

House prices in Conservative constituencies are worth an average of £257,518, followed by Lib Dem constituencies where the average home is worth £228,880, whilst Labour is significantly lower with average properties at £168,112, meaning that property values in areas under their control is almost -20% below the national average.

Nicholas Leeming of Zoopla, said: "The election outcome may be unclear for now, but it is clear that the Tories rule in the property stakes with average values in their constituencies significantly above those in Labour-controlled areas.

"Interestingly, despite the fact that there are far fewer homes in areas under their control today, the Tories still have an equal share of the UKs property wealth, due largely to their strong presence in wealthy rural areas and the south-east of England in particular."

Properties prices in Conservative areas have risen by +7.82% since the last election in May 2005 and by +179% since Labour came to power in May 1997. This compares to Labour constituencies where they have gone up +7.99% and +177% respectively, however the Liberal Democrat areas have seen a rise of +10.24% in the last five years and +190% since May 1997.

In terms of the total current value of residential property located in areas controlled by each party, the Conservatives and Labour come out almost equal with £1.9trillion each, although Labour has significantly more homes (11.7m) in areas under its control compared to only 7.2m homes in Conservative areas. The total value of homes in areas under Liberal Democrat control stands at £0.5trillion with 2.2m homes.c

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