Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»The 10 UK towns and cities with the highest property price increases | UK | News
    Property

    The 10 UK towns and cities with the highest property price increases | UK | News

    March 13, 20253 Mins Read


    The UK towns, cities and neighbourhoods with the highest property price increases outside London have been revealed. Analysis of median house prices shows that outside the capital increases were highest in Camberley Town, Surrey Heath.

    The latest figures show a percentage increase of 75.8% in Camberley Town, from £347,750 in March 2023 to £611,250 in March 2024. This was the highest increase outside London. According to an analysis by Online Marketing Surgery and BLG Development Finance, Central Solihull and Sharmans Cross saw the second highest increase. Here the median price soared 54.3% from £317,500 in March 2023 to £490,000 in the same month last year. Hamilton North, Leicester, saw the third biggest increase, from £148,000 to £215,000 – a rise of 45.3%.

    Next in the top 10 is Harraton, Rickleton and Fatfield where the average price rose from £164,000 to £235,000 (43.3%), according to the analysis.

    In the fifth spot is Towednack, Lelant and Carbis Bay in Cornwall where the median rose 41.9% from £310,000 in March 2023 to £440,000 in March 2024.

    Devonshire Quarter, Sheffield, saw its median price rise 39.5% over the same period, from £122,750 to £171,250.

    Farnley West and Gamble Hill, Leeds, saw the average rise from £186,000 to £256,250 – 37.8%, while Central Slough and Upton Court recorded the same percentage rise.

    The average price here went from £308,500 to £425,000, according to the analysis.

    Bourneville West, Birmingham, saw its median price rise 37.4% from £285,000 to £391,500 while in tenth place is Dorking South in the Mole Valley.

    The median price here rose 36.5% between March 2023 and March 2024, from £460,000 to £628,000, according to the analysis.

    Number crunchers used property data for England and Wales from the Office for National Statistics for March 2023 and 2024 then worked out the highest increase and decrease in percentages from the two figures.

    The analysts said their work underscores the importance of detailed local market knowledge and the key is to understand where opportunities lie and the factors driving local property market performance.

    Meanwhile, surveyors said on Thursday (March 13) that momentum in Britain’s housing market slowed in February amid signs of weakening buyer confidence.

    Buyer demand slipped to its weakest levels since November 2023, with a net balance of 14% of property professionals reporting a fall in demand rather than a rise, according to the Royal Institution of Chartered Surveyors (Rics).

    Its survey of professionals indicated that higher stamp duty costs for some home-buyers from April 1 are expected to weaken market activity. Stamp duty applies in England and Northern Ireland.

    The report said concerns over interest rates, inflation, and global events also appear to be dampening buyers’ confidence.

    Rics’ survey also pointed to the volume of newly-agreed sales falling in February, with London-based professionals reporting a particularly noticeable dip in sales agreed during the month.

    House prices continued to increase generally in February, but at a more subdued rate, with a smaller net balance of professionals reporting price increases during that month compared with December and January.

    Looking further ahead, while the market is expected to continue to soften in the short term, Rics said the majority of professionals believe house prices will rise over the next 12 months with a net balance of 47% expecting to see an increase.

    This is broadly in line with price expectations recorded over the past six months, according to the report.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    One of UK’s ‘poshest suburbs’ where you can buy a property for £160k | UK | News

    Property

    The UK’s ‘best’ seaside town to move to in 2025 with properties on sale for just £70k | UK | News

    Property

    Can you still make money from UK property?

    Property

    Public Property Invest Asa acquiert deux propriétés adjacentes dédiées aux soins de santé et aux services communautaires en Finlande

    Property

    Lead Real Estate Co., Ltd annonce la vente d’une maison individuelle en projet, REAL PRO SERIES Ookayama à Tokyo

    Property

    Mortgage Advice Bureau reports 67% of borrowers who’ve purchased a property in the last twelve months were FTBs

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Haliey Welch Breaks Her Silence on Cryptocurrency Scandal as She Recalls FBI Knocking on Her Door (Exclusive)

    Investments

    Personal Growth: 6 investments that will make you richer and happier |

    Stock Market

    Why I Keep Buying More Shares of This Amazing 5%-Yielding Dividend Stock

    Editors Picks

    CSWCD: Agricultural Conservation Assistance funds available

    October 18, 2024

    Mizuno JPX 925 irons have a completely new design for 2024

    August 19, 2024

    House Of Investments Inc affiche un résultat net attribuable de 1,38 milliard de pesos pour l’exercice

    May 2, 2025

    Bright Smart Securities atteint un niveau record après son acquisition par Ant Group

    April 27, 2025
    What's Hot

    DexBoss (DEBO) is the Top Choice for Investors

    February 20, 2025

    Property asking prices rise for seventh month in a row

    August 19, 2024

    Amid city hall overhaul, adjacent apartment tenants ask: What about us?

    July 8, 2024
    Our Picks

    Real Madrid – Manchester City : soirée de rêve pour Mbappé et le Real, le résumé du match

    February 19, 2025

    Brazil Just Approved Another Solana ETF While US Stares At Uncertainty: Analyst Says ‘Only Hope If Donald Trump Wins’ – Emeren Group (NYSE:SOL)

    August 21, 2024

    BNP PARIBAS REIM FRANCE LANCE IMAREA PIERRE

    April 2, 2025
    Weekly Top

    Artemis Gold Inc. annonce l’ouverture officielle de la mine Blackwater

    May 31, 2025

    India’s Digital Payment Surge: Currency and Convenience

    May 31, 2025

    Le numérique au service du développement : catalyseur, levier ou fracture ?

    May 31, 2025
    Editor's Pick

    Roundhill Investments Announces XDTE and QDTE Distributions for August 9, 2024

    August 8, 2024

    Get Paid Every Month With These 2 Top TSX Dividend Stocks

    March 31, 2025

    Wayne-Sanderson Farms Announces CEO Retirement and Successor Appointment

    October 21, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.