Britain's property winners and losers: The areas where prices are rising fastest revealed... and those where they're plummeting. So is your town on the list?

EXCLUSIVE Britain's property winners and losers: The areas where prices are rising fastest revealed...

and those where they're plummeting. So is your town on the list? By Graham Norwood Updated: 12:16, 26 August 2024 e-mail 13 shares View comments With more interest rate cuts likely, inflation under control and better-than-expected figures on the economy, most analysts say that confidence in the housing market is rising. The average estate agent now has 33 homes for sale, according to Zoopla - 16 per cent higher than a year ago.

But while prices are set to rise, many come after lengthy periods of expensive mortgage payments and political uncertainty. We've consulted estate agents and analysed official figures to bring you a guide to the areas where property prices are rising fastest, and those where prices are plummeting. WINNERS OXFORD: up 10.

3 per cent in a year (ONS). Average price £549,581 (Zoopla) It's huge, at 2,800sq ft, boasting four storeys and five bedrooms, with elegant high-ceiling rooms and wheelchair access throughout, £1.25m WHY PRICES ARE RISING: Oxford always been popular for families but the university city's unusually large rental market is now drawing landlord buyers.

Some 50 per cent of all the city's homes are now privately let, the highest in any UK city. High house prices mean there are very few first-time buyers. The areas of Summertown, Jericho and Cowley in East Oxford are typically the most popular, with diverse and relatively young populations.

.