Glasgow and Edinburgh lead way in house price growth list


Glasgow and Edinburgh lead the way in new figures showing the fastest rates of house price growth in the UK outside of London, but which other areas have fared well in 2018?

Housesimple have analysed data from the start of 2018 through to September, as recently as the figures from the Land Registry cover. England does not feature in the list’s top three, with the two Scottish cities ahead of Newport in south-east Wales, while London’s market performance warrants a separate list.

Prices for properties in Glasgow went up by 9.1% in the period covered, with an average price if £137,507. Scotland’s capital city follows its rival along the M9 with a rate of 9%, and a home selling for, on average, £264,745.

End of Severn Bridge toll boosts Newport market

Newport made a strong showing with a rise of 8.6%, fuelled by the prospect of the scrapping of tolls on the nearby Severn river bridge crossings between Wales and England. That eventually came into force on 17 December, but the months leading up to it saw savvy buyers being tempted by lower prices across the Bristol Channel and the promise of no charge for crossing the river.

House prices in Wales as a whole have performed well in 2018, with’s recent report showing a rise of 7.4% over the last 12 months in the Principality. Home’s average price in Wales was £206,000 but Newport currently comes in under £180,000 according to Housesimple.

The next couple of places in Housesimple’s list shows good results from areas close to other urban areas. Wolverhampton is in fourth place with a rate of 7.9%, reflecting consistent interest in Birmingham and the area due to a strong economy and long-term projects like building for the Commonwealth Games in 2022 and HS2.

Salford is fifth with 7.4% growth, based on both proximity for working in Manchester and in developments like Media City, including both BBC and ITV, in Salford itself. Also featured and also close to Manchester is Stockport, where property prices have risen by 7.1% to an average of just under £227,000.

Stockport on the rise for buying or renting

The Cheshire town, well served by road, rail and air links, was second in Lendinvest’s recent Buy To Let investment list having zoomed up 18 places from the previous report. There are plans for numerous new residential developments and investment in the town centre, and the possibility of extending the Manchester Metrolink into Stockport have also been mooted.

Sam Mitchell, CEO of Housesimple, said,

“There’s been a great deal of focus on the housing market cooling off in recent months, but it might surprise some people to know that our research shows that average house prices are actually higher than they were at the start of the year in more than 80% of major UK towns and cities.

“While low stock levels rather than a healthy level of transactions will be cited as the reason that house prices remain at the level they are, that would be doing a disservice to a property market that has proved impressively robust in the face of some pretty strong economic headwinds this year.”

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

Glasgow SECC

Glasgow and Edinburgh lead way in house price growth list


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.