Cities where average price tag on a home has jumped highest in past decade

David Fell, lead analyst at Hamptons, said: “Over the last decade, there has been a significant North-South divide when it comes to the pace of house price growth.

“Since 2016, northern cities have been playing catch-up with London and the South East of England, which had previously seen the bulk of house price growth.

“In fact, many northern cities are now coming close to the point where they have experienced more house price growth over the last 10 years than London has since the 2007 downturn.

“Consequently, the gap between house prices in the North and the South of England is now as small as it was during the late noughties.

“The question now is whether this shift will continue, shrinking the pricing gap between the regions even further.

“Or whether falling interest rates or potential stamp duty reform will reignite house price growth across the South of England.”