Home Property Constituency house price performance since the last election

Constituency house price performance since the last election

by LLP Reporter
13th Nov 19 1:17 pm

Leading estate agent comparison website, GetAgent.co.uk, has looked at how house prices have fared across England and Wales since the last election by individual constituency and which party has seen the largest increase across their respective constituencies as a whole.

House price growth by party

GetAgent.co.uk looked at house price growth by constituency and the party within that constituency since the last election in June 2017 and found that constituencies across the big two of Labour and the Conservatives have seen the best level of house.

The Conservatives top the table with house prices across all Conservative constituencies increasing 5.3% to an average of £278,360 today, while Labour came in second with a 5.1% increase.

The Liberal Democrats trail with the lowest rate of house price growth since the last election across all constituencies (3.3%), while constituencies with independent or other parties in power have seen an increase of 4.9%.

Best performing constituencies

Political party aside, the best performing constituencies for house price growth since the last election are: –

  • Birmingham Ladywood: 23.3%
  • Leicester South: 21%
  • Brent North: 19.5%
  • Sedgefield: 18.2%
  • Barnsley Central: 18.2%

Worst performing constituencies

At the other end of the political house price spectrum the worst performing areas are: –

  • Cities of London and Westminster: -10.8%
  • Hornsey and Wood Green: -8.5%
  • Lancaster and Fleetwood: -6.9%
  • Richmond Park: -6.3%
  • Putney: -6.1%

Founder and CEO of GetAgent.co.uk, Colby Short said, “As we gear up for another general election we thought it would be interesting to see which areas have bucked the wider trend of market uncertainty to register the best levels of house price growth since the last one.

“When it comes to wider political house price performance the data shows it’s a very mixed bag and while Labour hold 14 out of the best 20 performing constituencies for house price growth, they also hold 11 of the worst 20 as well, although the Lid Dems seem to the worst party for UK homeowners across the board.”

Political Party – Average house prices and change
Political Party Average House Price (June 2017) Average House Price (latest March 2019) Average change / growth (2017 to 2019) %
Conservative £264,474 £278,360 5.3%
Labour £217,432 £228,501 5.1%
Other £255,320 £267,776 4.9%
Liberal Democrats £324,295 £335,108 3.3%

 

Constituency Region – by average house price change
Region Average House Price (June 2017) Average House Price (latest March 2019) Average change / growth (2017 to 2019) %
East Midlands £173,997 £190,187 9.3%
West Midlands £178,732 £195,351 9.3%
South West £239,666 £255,538 6.6%
North West £155,189 £164,887 6.2%
Wales £146,650 £155,799 6.2%
Yorkshire and the Humber £154,597 £163,330 5.6%
East of England £284,093 £299,943 5.6%
South East £324,016 £337,917 4.3%
North East £136,949 £141,772 3.5%
London £498,332 £509,498 2.2%

 

Constituencies – by best house price growth (%)
Constituency Party Change / growth (June 2017 – now)
Birmingham Ladywood Labour 23.3%
Leicester South Labour 21.0%
Brent North Labour 19.5%
Sedgefield Labour 18.2%
Barnsley Central Labour 18.2%
Rugby Conservative 17.7%
Forest of Dean Conservative 17.1%
Coventry North East Labour 16.8%
Stoke-on-Trent Central Labour 15.8%
South Swindon Conservative 15.6%
Stockport Other 15.4%
Cynon Valley Labour 15.4%
Torfaen Labour 15.4%
Gedling Labour 15.3%
Halesowen and Rowley Regis Conservative 15.1%
Manchester Withington Labour 15.1%
Harborough Conservative 14.9%
Walsall South Labour 14.8%
Birmingham Yardley Labour 14.7%
Birmingham Erdington Labour 14.5%
     
Constituencies – by worst house price growth (%)
Constituency Party Change / growth (June 2017 – now)
Cities of London and Westminster Conservative -10.8%
Hornsey and Wood Green Labour -8.5%
Lancaster and Fleetwood Labour -6.9%
Richmond Park Conservative -6.3%
Putney Other -6.1%
Newcastle upon Tyne Central Labour -5.6%
Liverpool Walton Labour -5.4%
Battersea Labour -4.8%
Finchley and Golders Green Conservative -4.7%
Hull West and Hessle Labour -4.2%
Swansea East Labour -4.2%
Chorley Labour -4.1%
Don Valley Labour -3.4%
Maidenhead Conservative -3.2%
Runnymede and Weybridge Other -2.7%
South Cambridgeshire Lib Dem -2.6%
Woking Conservative -2.5%
North East Hampshire Conservative -2.4%
City of Durham Labour -2.0%
Ealing Southall Labour -1.8%

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