Newcastle and Gateshead also recorded major rates of growth along with Birmingham, while Oxford experienced the smallest level.
Martin Ellis, chief economist of Halifax, claimed that regeneration projects had been a major driver in the increases.
He added: "The demand for good quality, affordable housing has remained high due to Liverpool's close proximity to key towns and cities."
Recent research by Yorkshire Bank found that a number of homeowners now view their gardens as a way to add value to their properties.
Many first time buyers now believed that the availability of green space with a property was worth around £4,000.
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