Research has revealed how much average property prices in the UK have increased over the last 20 years. Compiled by Plumbnation, it looked at figures from 50 cities across the country outside of London from 2022 all the way back to 2002.
Researchers then ranked the property prices per city based on the difference as a percentage to reveal which cities could be goldmines if you bought them 20 years ago.
While Newcastle, Sunderland and Durham all saw the average price of properties increase by 150% or more in that time, the North East saw the smallest increase.
Read more: Whitley Bay and South Shields in UK top 10 for best seaside areas to relocate to
The biggest rise in the region was Sunderland where average property prices went up 164.99% from £51,801 in 2002 to £137,266 in 2022, ranking it at 42 out of 50.
Next was Newcastle in 45th spot where property prices have increased 154.61% over 20 years from £72,899 to £185,610.
Finally, average property prices in Durham went up from £48,138 in 2002 to £120,612 this year, a 150.55% increase, putting it in 46th place.
Top of the table was Manchester in the North West. Since 2002, the average price of a property went up over 330% from £48,845 to £210,647.
Second was nearby Salford with a 290% increase from £50,567 to £197,047 and in third place Leicester. House prices have increased in the last 20 years 259.38%, from £61,232 to £220,058.
Read Next
