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Not only did England claim victory in 2020 but London鈥檚 mainstream market led the annual house price rankings, with average prices up 9.6% year-on-year according to the Land Registry.

Paris comes next with prices up 6.1% in 2020, followed by Cardiff (4.8%) and Edinburgh (3.1%).

Five-year performance

Analysis over five years puts Edinburgh on top, with prices up 23% due to an imbalance between demand and supply. The city鈥檚 good quality of life, high ranking education facilities and an expanding TMT sector is putting it on the radar of a more mobile global workforce.

Dublin is next with prices up 22% on average in the last five years. Although average prices in the Irish capital have rebounded 93% since their low in 2012, they remain 22% below their pre-financial crisis peak in 2007.

Paris and Cardiff are almost level-pegging with growth of 20.9% and 20.2% respectively over the five-year period. Paris prices are supported by a lack of new supply whilst Cardiff has seen significant regeneration and investment.

Kate Everett-Allen, Head of International Residential Research, comments: 鈥淚n 2020, the pandemic supercharged some European city markets as buyers looked for larger family homes with outdoor space whilst others are at a weaker stage of their property market cycle, hampered by slow economic growth (Rome) as well as a lack of supply and affordability concerns (Dublin).鈥�

Defending champions England are the favourites to win this year鈥檚 Six Nations which kicks off on Saturday 6th February, view the f.