South Yorkshire Homes 'See Biggest Fall' in Value

Homes in South Yorkshire have seen some of the biggest falls in value in Britain, according to the website Zoopla.co.uk.

That's despite national levels rising by £57 billion over 2012, fuelled mainly by the strength of the property market in London.

The biggest year-on-year falls were seen in Sheffield, where values were down by £286 million and in Doncaster, which suffered a fall of £160 million.

Values went up in two-thirds of Britain's 250 biggest town and cities though, with Bristol and Edinburgh among the biggest gainers of 2012.

The value of homes across the country has now reached £5.96 trillion, according to Zoopla.co.uk, which worked out the figure by combining the estimated current market worth of every home in Britain.

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