Research and analysis by Zoopla has found that the 92% of all properties in the UK went up in value in 2022. The average property value increase of 27 million properties was over £19,000 with just 3 million properties not increasing in value last year.
That is the nature of the property market at present. Covid-19 and lockdown pushed people to the coast and countryside seeking space. Coastal and countryside demand is now falling and demand for town and city living is up as people return to the office.
That said, with interest rate rises and costs of living increases in general, property prices are now starting to fall again.