The Zoopla.co.uk research also reveals that Labour-controlled constituencies have experienced the lowest gains in property values since they came to power in 1997, with house price growth in areas under their control up 177% over the 13 year period compared to 179% in Tory areas and an impressive 190% in areas under Lib Dem control.
As for the party leaders own constituencies, the average property value in Gordon Browns Kirkcaldy and Cowdenbeath seat is 120,910, well below both the average for his party and the national average. Average property prices in Witney, the Oxfordshire seat of David Cameron, stand at almost 2.5 times that figure at 289,686, well above the national average (209,101) whilst in Nick Cleggs Sheffield Hallam constituency, the average home would set you back 219,136.
In terms of the total current value of residential property located in areas controlled by each party, the Tories and Labour come out almost exactly neck and neck at 1.9 trillion each, despite Labours significant advantage of 11.7m homes in areas under their control compared to only 7.2m homes in Conservative areas. The total value of the 2.2m homes in areas under the control of the Liberal Democrats stands at 0.5 trillion.
Nicholas Leeming of Zoopla.co.uk, commented: The election outcome may be unclear for now, but it is clear that the Tories rule in the property stakes with average property values in their constituencies significantly above those in Labour controlled areas. Interestingly, despite the fact that there are far fewer homes in areas under their control today, the Tories still have an equal share of the UKs property wealth, due largely to their strong presence in affluent rural areas and the south east of England in particular.
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