Leicestershire house prices: Average property has increased in value by around £12,000 in 2016
12-22-2016
By DanielJBird
How much house prices have risen by in Leicestershire this year
The average Leicestershire house has increased in price by around £12,000 this year, according to property website Zoopla.
At the start of the year, the average value of a county home was £212,593.
That price has risen over the past 12 months to £225,043 – an increase of 5.86% or £12,450.
In the East Midlands, house prices increased by 7.42% with the average property now costing £209,183.
However, Leicestershire house prices grew at a slower rate than the national average.
The price of the average home in Britain increased by £19,348 – which equates to a rise of £56.57 per day.
Property values in England have seen the biggest increase, rising by 7.59% to an average of £325,575 since January, according to the website.
In Scotland, values have increased by 5.56% to an average of £185,355. Values in Wales have seen 3.8% growth over the year, to reach £179,074 on average.
Lawrence Hall, a spokesman for Zoopla, said: "2016 has certainly been a historic year, with the events of the past six months giving rise to potential political uncertainty.
"However, the property market - it seems - remains resilient and property values across Britain have continued to grow."
How property values have increased across regions in England
Here is how property values have increased since the start of the year across regions in England, according to Zoopla, with the average value recorded this month followed by the increase compared with January:
East Anglia, £358,401, 11.56%
West Midlands, £220,993, 8.74%
South East England, £411,736, 8.44%
South West England, £297,054, 7.88%
North West England, £190,005, 7.57%
East Midlands, £209,183, 7.42%
Yorkshire and the Humber, £173,362, 5.58%
London, £680,593, 5.12%
North East England, £187,683, 2.41%
What are people looking for in a property?
Zoopla's search figures showed "garden" was the most popular term by those using its website, followed by "garage".
It has also seen a particular increase in people putting "parking" into their searches during 2016.