The property market was a large part of the Brexit discussion 2 years ago and has continued to be part of the discussion ever since.

Initially, after the vote, the market saw a bit of a slowdown in terms of activity and many became hesitant to make any property transactions.

Brexit negotiations continue to rumble on and property experts continue to debate and forecast its potential impact on property prices, but how have prices changed since the vote?

New figures from the Land Registry and analysed by Emoov.co.uk have revealed just how much of change the country has seen.

Over the past 2 years since the vote, the UK as a whole has seen house prices jump by 7.3%.

When broken down into individual countries, Northern Ireland is top of the table with a 7.7% increase, followed by England and Scotland, where both countries homes rose by 7.3% and Wales saw a similar increase of 7.1% across this period. 

Analysing the individual regions, the Midlands leads the pack by a decent margin, with the West Midlands and East Midlands house prices rising by 10.9% and 10.3% respectively. Not too far behind unsurprisingly, was the East of England, with properties valued at 9.5% more than they were 2 years ago.

What may come as a surprise to some is the more modest changes in the Capital. London saw an increase of 1.8%, however, for Outer London, this figure is more than double at 4.1% as homes on the outskirts have seemingly taken a sharp rise in value.

Although all regions did see a rise, some did not see as great of a leap as others, this is especially the case for the North East, where prices remain almost unchanged and recorded growth of 0.3% in the last 2 years.

Chief Executive at Emoov – Russell Quirk – commented on the findings of the analysis, stating; “while the headlines may paint a picture of doom and gloom, it’s interesting to see which areas of the UK are actually driving this slowdown and which have ignored the market naysayers to record extremely positive price growth trends.”