House prices have fallen by an average of 2.1 per cent in the UK, according to the latest House Price Index.
However, some parts of the UK have noticed increases in the value of their property.
House prices in London remain the most expensive across the UK, despite the overall drop in house prices.
Experts at eXp UK have shared the areas to watch in the coming months as homeowners could get more for their money.
Do you have a property story you’d like to share? Contact our team by emailing lifestyle@gbnews.uk.
House prices have changed in the UK
GETTY/PA
East Renfrewshire had the best overall performance in the last year, with an annual increase of 9.9 per cent.
West Lancashire was second, with a growth of 9.6 per cent, and North East Derbyshire was third at eight per cent growth.
However it was Melton that showed the highest growth rate over the last three months and could be set to see more increases.
This was followed by East Renfrewshire, Middlesbrough and Woking.
Highest growth over last three months
Melton - 2.88 per cent
East Renfrewshire - 2.85 per cent
Middlesbrough - 2.18 per cent
Woking 2.14 per cent
Barnsley - 2.1 per cent
Rochford - 2.09 per cent
Redbridge 2.04 per cent
Caerphilly - 2.03 per cent
Bath & North East Somerset - 1.91 per cent
North Hertfordshire - 1.91 per cent
LATEST DEVELOPMENTS
Melton has seen the highest growth in the last three months
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Head of eXp UK Adam Day said: "Recent headlines may have been dominated by the ‘worst market performance in 12 years’, but a topline view of market health simply doesn’t paint an accurate picture.
"In fact, across many pockets of the property market house prices have increased considerably over the last year, whilst in others, the market has also been building strong momentum in recent months.
"So while the national picture may suggest that the market is on its knees, this couldn’t be further from the truth and in many areas of the UK, there’s never been a better time to sell.
"An understanding of your local market’s performance is vital when it comes to deciding when to sell and how much for, and it’s this understanding that will ensure you secure the very best price for your home.”
