Is your home in a property hotspot?

If so, it could be worth more than you think...

Our latest article discusses the most in-demand places to live in the UK right now.

Total buyer demand is up 35% within the last week compared to the same period last year, and it currently takes an average of just over five weeks for a property to go under offer. How much has your current property risen in value? You can find out with a 60-second valuation

According to leading Rightmove property expert, Tim Bannister 'some towns outside of London are seeing more than twice as many buyer enquiries for every property than this time a year ago. This is leading to greater competition between buyers in many areas across Great Britain.'

Needless to say the Britisih housing market is sizzling. And the weather's not doing too badly either. Here's a list of the UK towns where house prices have risen the most...

Which areas of the UK are considered ‘up and coming’?

After years of the capital being at the forefront of the property boom, a longing for more affordable areas which still offer access and choice is now prominent throughout the UK. Being closer to nature - beaches and countryside for example - also seem to be high on people’s list of preferences.

According to recent research the top 10 most up and coming property locations in the UK are; 

  1. Bexhill on Sea, Sussex
  2. High Peak, Derbyshire
  3. Chelmsford, Essex
  4. Burton-on-Trent, Staffordhsire
  5. Sutton Coldfield, West Midlands
  6. St. Albans, Hertfordshire
  7. Nuneaton, Warwickshire
  8. Shrewsbury, Shropshire
  9. Leigh on Sea, Essex
  10. Bradford, West Yorkshire

Should I sell my property now?

The current moving frenzy means that there’s currently a lack of stock for sale. Having many buyers in the marketplace, and not many properties to choose from is pushing asking prices higher. Many homeowners have seen significant rises in the value of their property since their purchase. It may be time to see how much your property is now worth. If it's priced higher than you thought, it could be time to sell?

Try our 60-second valuation and find out how much your home is worth

At the top of the list of property hotspots is Bexhill On Sea. Renowned for its epic coastline and scenic landscape, the area is notable for being the birthplace of British Motor Racing. With low crime rates, great local schools and convenient transport links to London it’s no surprise it’s in such high demand.

Another seaside town in the south-east of England is placed as the third most popular region. Leigh On Sea in Essex has been growing in popularity with buyers looking to leave London and its commuter belt for several years. With the number of people and businesses exploring a ‘hybrid’ form of working this is likely to continue for the foreseeable future.

Many of the most popular areas in the top ten are in the West Midlands; Burton On Trent, Sutton Coldfield, Nuneaton and Shrewsbury. House prices are up 7.6% from this time last year which is great news for sellers in the region. If you own a home in any of the areas mentioned in the list, this is the perfect time to put your house on the market. If you’re unsure what your home may be worth, why not get a free valuation today - it takes just 60 seconds!

Is your home worth more than you think?