With a property portfolio tipping £1.5 trillion, you’d think London’s property prices were rocketing. And while that’s not entirely false, a recent study conducted by Zoopla has shown that the value of housing in the capital has grown slower than any other major city in the UK.

The study – which ranks the value and percentage growth of the UK’s 10 major cities – has revealed London’s property prices increased by just 1.54% in the last 12 months landing it at the bottom of the list. And at the top? Sheffield.

“The data does show that, in comparison to cities further north and across the Scottish border, the rate of growth in London has slowed,” says Zoopla spokesperson Lawrence Hall.

The study’s revealed that the North Midlands’ city has seen its property value grow by 5.63%, with Glasgow hot on its heels with 5.38%.

The UK city where house prices keep on rising has been revealed