THE top 50 towns where house prices are soaring have been revealed – with some areas rocketing by £37,000 in just a year.
Latest figures show that the values of many homes have doubled over the past ten years.
New numbers from the Office for National Statistics (ONS) also shows there are no longer any areas where a typical home costs less than £100,000.
The top growth has been seen in Waltham Forest, in trendy east London.
Since 2013 prices have risen from £235,210 to £515,320 – 119 per cent.
Meanwhile in just the past year, values have rocketed £37,291.
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Henry Sherwood, managing director of The Buying Agents, which advises home buyers, told Mail Online: “The area has performed incredibly well in the last decade for residential buyers and investors alike.
“A decade ago, it was popular with first and second-rung homebuyers as you could snap up a lovely Victorian terrace for under half a million.”
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Meanwhile Hastings in East Sussex has taken the second place.
House values ring in here at a whopping £295,030 – compared to just £137,090 ten years ago.
Josh Avis, of Phillip Mann estate agents in Seaford, East Sussex, near Hastings, explained: “We get a lot of movers from London, particularly South and East London, who want a change of pace of life and to be by the sea.”
A year ago, the average property in Hastings cost £21,061 less than it does today.
And Kent comes in third on the list.
Here values have soared from £147,950 in 2013 to £318,150 in 2023.
The rocketing values of homes across the UK means that there are now no areas where homes are up for grabs for under £100,000.
Compared to this, ten years ago there were 28 areas where this was possible.