House prices are still rising across the UK as the property market continues to display strength, resilience and prosperity – but which towns and cities have recorded the largest gains of all?
National estate agents Leaders has compared Zoopla data for all 122 locations in which it operates a branch and has identified Godalming as the country’s current property hotspot, with prices in the Surrey town soaring by more than 10 per cent in the last 12 months.
The top 10 places where house prices have risen in the last year are:
1) Godalming, Surrey: 10.16 per cent
2) Southsea, Hampshire: 7.67 per cent
3) Walton-on-Thames, Surrey: 7.51 per cent
4) Buckingham, Buckinghamshire: 7.49 per cent
5) Winchester, Hampshire: 7.25 per cent
6) Braintree, Essex: 6.88 per cent
7) Ipswich, Suffolk: 6.84 per cent
8) Clacton-on-Sea, Essex: 6.72 per cent
9) Eastbourne, East Sussex: 6.58 per cent
10) Witham, Essex: 6.47 per cent
Kevin Shaw, national sales director at Leaders, says: “With house prices heading upwards by more than 10 per cent in the last year, it is clear Godalming is an incredibly popular place to live and demand for property in the town is high.
“Such considerable growth in areas like Godalming is proof that the UK property market is extremely robust and continues to perform extremely well, despite the uncertainty caused by Brexit and the recent triggering of Article 50.
“With positivity sweeping through the market, Godalming is far from the only town to witness huge house price increases this year. Seaside towns such as Eastbourne and Clacton-on-Sea, along with historic cities like Winchester and commuter hotspots such as Walton-on-Thames all made our top 10, underlining the fact rises in house prices have been felt in all locations and all types of towns.
“Increases have been strongest of all in the south-east, with Hampshire, Surrey and Essex each contributing more than one location to our top 10.
“A lack of supply and increasing demand is helping to drive house prices across the UK. As such, sellers can be confident of getting a great price for their homes and achieving a quick sale, while buyers need to act quickly to secure their preferred property.”
For more information on selling a property contact your local Leaders branch.