Average British home value grew by more than £15,000 in 2014

The average home in Britain increased in value by £15,191 over 2014, equivalent to £42 a day, according to property website Zoopla. Average property prices across the country have risen by an average of 6% over the past year to £268,895.

However, the majority of house price growth was seen in the first half of the year, with prices having only risen by 1.4% since June. London has continued to lead with average property values growing by 15%, an increase of £81,619 over the last 12 months. The South East enjoyed 9% growth with the average property across the region now valued at £346,409. Yorkshire and The Humber was the only region where house prices fell, with property prices falling £2,443.