New towns, such as Milton Keynes, have seen higher house price growth that the rest of the UK as a whole. Research from Halifax suggests these towns often benefit from being near larger cities and appeal to people due to house prices being lower than the major cities themselves. More generally, house prices continued to rise with numerous reports suggesting robust increases across the country towards the end of 2016.

Key Takeaways:

• House prices are very high and rising in the UK
• Even smaller cities outside of London now face price hikes in housing
• It is increasingly difficult to get on the UK housing ladder

“House price growth in new towns has outpaced the UK as a whole over the past decade, according to Halifax.”

https://www.theweek.co.uk/house-prices/61987/house-prices-close-to-another-record-high-in-december