The total value of the UK’s 28.6 million homes rose by around £1.4bn every single day for the past year, according to Zoopla.
Research by the property portal found that Britain’s total housing stock is worth approximately £7.76 trillion – up £519bn in 12 months.
Lawrence Hall, of Zoopla, said: “Regions like East Anglia continue to boom as professionals and families seek out properties beyond the London commuter belt.
“Even regions like Wales, where growth has typically been very incremental, have totalled respectable annual growth rates.
‘Of course, to every silver lining there must be a cloud and the price rises we’re seeing do make it harder for those looking to take their first step on to the ladder.
“But with Government Help to Buy schemes still in place and the promise of new homes to ease demand, both buyers and sellers should have at least some reason to be upbeat as we go into 2016.”
Take a look at regional property values in Britain:
London
Current average home value: £655,305
Increased in value in pounds in the past year: £70,130
Percentage increase: 11.8%
East of England
Current average home value: £324,4251
Increased in value in pounds in the past year: £34,077
Percentage increase: 11.6%
South East England
Current average home value: £380,490
Increased in value in pounds in the past year: £31,283
Percentage increase: 8.8%
South West England
Current average home value: £280,268
Increased in value in pounds in the past year: £21,259
Percentage increase: 8.1%
East Midlands
Current average home value: £197,536
Increased in value in pounds in the past year: £10,616
Percentage increase: 5.6%
North West England
Current average home value: £183,597
Increased in value in pounds in the past year: £9,833
Percentage increase: 5.6%
West Midlands
Current average home value: £206,876
Increased in value in pounds in the past year: £10,082
Percentage increase: 5.1%
Yorkshire and the Humber
Current average home value: £167,597
Increased in value in pounds in the past year: £5,418
Percentage increase: 3.3%
North East England
Current average home value: £183,931
Increased in value in pounds in the past year: £4,727
Percentage increase: 2.7%
Scotland
Current average home value: £180,719
Increased in value in pounds in the past year: £4,744
Percentage increase: 2.7%
Wales
Current average home value: £174,669
Increased in value in pounds in the past year: £4,058
Percentage increase: 2.2%
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