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Holiday Home Prices in England - January 2012
Last updated on 17 January 2012
  • Most areas remain constant though drops in price have been seen in South Hams, Northumberland and Chichester in Kent.
  • North Norfolk remains resilient while West Norfolk suffers.
  • The Isle of Wight shows the strongest growth.

While Zoopla's House Price Index showed that overall house prices in England have decreased by 1.1% over the past 12 months, the favourite second home hotspots have had mixed fortunes.

One of the most popular areas, South Hams in Devon, has seen the largest fall in prices of 3.37% or nearly £12,500 of the average property value.

The Isle of Wight performed better, seeing the average property price rise 1.81% to £201,141.

The top 10 second home areas by popularity.

Local Authority No. of Second Homes Av. House Price Change from 1 year ago
Cornwall
14,095 £222,279 -0.56%
North Norfolk 4,763 £206,834 0.07%
South Hams 4,115 £369,425 -3.37%
Scarborough 3,979 £148,649 -1.18%
South Lakeland 3,845 £230,250 -1.11%
Isle of Wight
3,589 £201,141 1.81%
Bournemouth 3,375 £220,307 0.33%
Kings Lynn and West Norfolk 3,018 £181,755 -2.10%
Northumberland
3,002 £159,293 -3.23%
Chichester 2,794 £307,460 -2.22%

Sources:

Second home numbers are taken from DCLG data.

Average house prices are taken from the Zoopla Zed Index.

The top 10 list of areas excludes boroughs of London such as Westminster and Chelsea.

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