The average UK home has increased in value by 15.3% since June 2021, adding £36,100 to the typical property, although fewer than one in seven homes have recorded annual value growth in every year of the period, according to Zoopla.

Zoopla's analysis of 32 million UK home values found that just 14% of properties increased in value in each of the five years to June 2026. By contrast, only 0.2% of UK homes lost value in every year of the period.

The strongest performances were concentrated in northern regions and countries. The North West stood out, with 29.7% of homes recording consecutive annual increases, followed by Scotland (22.6%), Yorkshire & The Humber (22%), the North East (20.5%) and Wales (19.1%).

Northern Ireland recorded the highest proportion overall, with 37.9% of homes – around 300,400 properties – increasing in value every year. None of the homes analysed in Northern Ireland recorded a fall in value in every year.

The West Midlands also outperformed the East Midlands, with 19.6% of homes recording consecutive annual increases compared with just 9.8%.

Southern markets were considerably weaker. Only 4.6% of London homes increased in value every year, compared with 4.1% in the South West, 3.2% in the South East and 2.6% in the East of England. London also had the highest proportion of homes to record consecutive annual falls, at 0.8% or around 30,400 properties.

Local markets produced some of the strongest gains. Bonnybridge in Scotland recorded annual increases for 60.8% of homes, followed by Antrim in Northern Ireland at 60.5%, Castleford in Yorkshire & The Humber at 53.6% and Wednesbury in the West Midlands at 51.3%. Dagenham was London's strongest performer at 31.6%, while Bicester led the South East at 27.7%.

Zoopla said affordability was a key factor, with areas where prices remained below the UK average of £271,900 better able to absorb higher mortgage costs.