Thinking about selling your home? You might be sitting on a goldmine! New research by Zoopla reveals that UK homeowners who bought in the last 20 years have seen their property values rocket, with an average gain of £80,000!
House Prices Boom – 60% of Homeowners in the Money!
The housing market has been on a roll, with prices surging by 78% over the past two decades. This means that a staggering 60% of homeowners who purchased their properties during this time have enjoyed gains of £65,000 or more.
London Homeowners Cash In!
It’s no surprise that London leads the pack, with a staggering 71% of homeowners sitting on gains exceeding the national average. Those in the South East aren’t far behind, with 70% seeing their property values soar by £65,000 or more.
Even Recent Buyers Are Winning!
But you don’t have to have been in the market for decades to benefit. Nearly half (48%) of those who bought in the last ten years have also seen their homes increase in value by over £65,000. The South West takes the crown, with 58% of homeowners enjoying gains above this mark.
Where are the Biggest Wins?
Here’s a breakdown of the average gains across different regions:
| Region | % of Homes with Gains of £65,000+ | Average Unreleased Gains |
| London | 71% | £130,000-£140,000 |
| South East | 70% | £110,000-£120,000 |
| South West | 69% | £100,000-£110,000 |
| East of England | 68% | £100,000-£110,000 |
| West Midlands | 64% | £85,000-£90,000 |
| East Midlands | 63% | £80,000-£85,000 |
| Wales | 58% | £70,000-£75,000 |
| North West | 53% | £60,000-£65,000 |
| Yorkshire and The Humber | 50% | £60,000-£65,000 |
| Scotland | 35% | £40,000-£45,000 |
| North East | 27% | £40,000-£45,000 |
Hotspot Alert: Cotswolds and Commuter Towns Shine
Looking for the areas with the most dramatic gains? The picturesque Cotswolds and sought-after commuter towns around London are the places to be. 80% of homeowners in the Cotswolds have seen their property values surge by over £65,000. Richmond, a favourite among London commuters, boasts a similar success story.
Experts Urge: Get a Valuation!
With so much potential profit up for grabs, property experts are urging homeowners to act fast. “Millions of UK homeowners are sitting on a potential goldmine,” says Izabella Lubowiecka, a senior researcher at Zoopla. “Even if you’ve only owned your home for a short time, it’s worth getting a valuation. You might be surprised at how much your property has increased in value.”