House prices in Bolton 'among the weakest growth' in the country

The town is joint 14th in the 20 towns which had the smallest increase in house prices, according to the Halifax.

Figures out this week reveal that Cheltenham is the UK's biggest house price "winner" over the past year.

House prices in Cheltenham increased at nearly five times the average UK rate during 2017, at 13 per cent compared with 2.7 per cent nationally.

Average house prices in Bolton stand at £155,796, increasing by only 0.2 per cent — £330.

Other town and cities in the 20 towns with the weakest year-on-year growth in average house prices include Reading, Leeds and Tower Hamlets in London.

Fifteen of the top 20 house price performers over the past year are in London and southern England. Stockport was also in the top 20.

Halifax used its own house price database to make the findings.

Halifax managing director, Russell Galley, said: "A number of towns and cities have recorded significant rises in house prices over the past year, with all of the top 20 performers recording growth of at least double the national average.

"Unlike last year, the top performers are not exclusive to London and the South East, with the top spot now belonging to Cheltenham in the South West, and towns in East Anglia, East Midlands, North West, Wales and Yorkshire and the Humber also making the list."

Here are the top 20 towns with the biggest year-on-year increases in average house prices according to Halifax, with the average house price in 2017 followed by the increase in cash and percentage terms:

1. Cheltenham, South West, £313,150, £36,033, 13%.

2. Bournemouth, South West, £273,687, £28,587, 11.7%.

3. Brighton, South East, £374,662, £38,289, 11.4%.

4. Crawley, South East, £323,660, £30,555, 10.4%.

5. Newham, London, £402,781, £37,344, 10.2%.

6. Peterborough, East Anglia, £220,623, £20,314, 10.1%.

7. Gloucester, South West, £231,581, £20,152, 9.5%.

8. Huddersfield, Yorkshire and the Humber, £186,988, £15,981, 9.3%.

9. Exeter, South West, £273,874, £22,789, 9.1%.

10. Nottingham, East Midlands, £193,397, £15,884, 8.9%.

11. Gravesend, South East, £312,940, £25,396, 8.8%.

12. Lincoln, East Midlands, £194,723, £15,053, 8.4%.

13. Stockport, North West, £235,147, £17,736, 8.2%.

14. Swindon, South West, £231,316, £16,683, 7.8%.

=15. Redbridge, London, £475,148, £33,981, 7.7%.

=15. Swansea, Wales, £164,895, £11,774, 7.7%.

=15. Barnet, London, £584,049, £41,697, 7.7%.

18. Richmond-upon-Thames, London, £646,112, £45,463, 7.6%.

=19. Portsmouth, South East, £222,704, £15,508, 7.5%.

=19. Grays, South East, £290,422, £20,145, 7.5%.

And here are the 20 towns with the weakest year-on-year growth in average house prices, according to Halifax, with the average house price in 2017 followed by the change in cash and percentage terms:

1. Perth, Scotland, £180,687, minus £10,126, minus 5.3%.

2. Stoke-on-Trent, West Midlands, £152,340, minus £6,402, minus 4%.

3. Paisley, Scotland, £123,665, minus £4,593, minus 3.6%.

4. Wakefield, Yorkshire and the Humber, £168,920, minus £5,076, minus 2.9%.

=5. Rotherham, Yorkshire and the Humber, £140,364, minus £3,146, minus 2.2%.

=5. Dunfermline, Scotland, £158,442, minus £3,535, minus 2.2%.

7. Barnsley, Yorkshire and the Humber, £135,114, minus £2,238, minus 1.6%.

8. Aberdeen, Scotland, £201,270, minus £2,155, minus 1.1%.

9. Bromley, South East, £488,191, minus £3,192, minus 0.6%.

=10. Bradford, Yorkshire and the Humber, £131,505, minus £514, minus 0.4%.

=10. Leeds, Yorkshire and the Humber, £191,751, minus £728, minus 0.4%.

=12. Hounslow, London, £438,497, minus £909, minus 0.2%.

=12. Sunderland, North East, £144,085, minus £257, minus 0.2%.

=14. Stevenage, South East, £297,737, £516, 0.2%.

=14. Bolton, North West, £155,796, £330, 0.2%.

16. Tower Hamlets, London, £493,855, £1,673, 0.3%.

17. Harrow, London, £550,410, £3,493, 0.6%.

=18. Reading, South East, £382,331, £2,636, 0.7%.

=18. Bridgend, Wales, £159,091, £1,167, 0.7%.

=18. Norwich, East Anglia, £239,135, £1,756, 0.7%.