South West house prices soar by 74% over two decades

THE average UK house price has surged by 74% or more than £150,000 over the past 20 years, according to a property website.

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Across the past two decades, the typical property value has risen from £113,900 to £268,200, Zoopla said.

In the South West the average house price in 2025 is £312,000, compared with £179,300 in 2005, a rise of 74% - in line with the national average rise.

The website said that sharp rises in property values in some locations could mean some people find themselves priced out of the places where they grew up.

London has seen average house prices more than double (a 119% increase) over the past 20 years.