The UK residential property market continues to perform strongly, with particularly sought-after areas emerging in the north-west, Wales, and the Midlands, the Buy Association reports. New research considered factors such as house price rises, positive news stories, crime rates, and proximity to schools and amenities when analysing over 600 UK locations.
The resulting list of the top 20 up-and-coming property hotspots is dominated by the north-west, which occupies eight places, seven of which are in Greater Manchester. Unsurprisingly, the beautiful Gower Peninsula in Glamorgan, south Wales, came out top, followed by Wigan and Manchester Central.
The draws of Central Manchester speak for themselves for anyone familiar with this ever-evolving city, and it has become a desirable alternative for Londoners who want a change of scene, but still crave a buzzy cosmopolitan location.
Wigan is perhaps the dark horse of the list, although it is regularly named as one of the happiest towns in the area. It is affordable, surrounded by green countryside, and has quick and easy access to Manchester, Warrington, and Liverpool.
Other north-west towns in the list include Rochdale, Leigh, Stretford, Heywood, Wythenshawe, and Oldham. All these areas are rich in heritage and culture in their own right, and have easy access to central Manchester. Once the HS2 rail line is eventually finished, journey times from Manchester to London will take no more than 1hr 7 minutes.
While still very affordable when compared to the south-east, Manchester has experienced the second highest level of annual house price growth among the larger UK cities, at 7.2%. Furthermore, the north-west is predicted to have the strongest UK house price growth in the five years to 2025, with a rise of 28.8%.
Wales also proved to be a very popular location, with five of its towns appearing in the list. Monmouth, Monmouthshire is at number four, and this charming Welsh town is no stranger to ‘best places to live’ type lists. It boasts low crime rates, affordable housing, good schools, and proximity to the Wye Valley Area of Outstanding Natural Beauty.
Aberavon, which is a district of Port Talbot in south Wales, is number six on the list. The location provides good access to both Swansea and Cardiff, and the seafront boasts a three-mile sandy beach which is popular with kite surfers, anglers, and yachters. There is a modern promenade with children’s play facilities, and several restaurants, cafes, and pubs.
For a slightly more off the beaten track area which still has quick and convenient access to Swansea and Cardiff, Ogmore-by-the-Sea is becoming popular, featuring at number five on the list. It is on the edge of the Glamorgan Heritage Coast of south Wales, and has a large sandy beach which is packed with fossils and rock pools.
Headingley, an area of north west Leeds, and Pudsey in West Yorkshire also made the list, as did Burton in East Staffordshire and Cleethorpes in Lincolnshire. Ards and North Down, a coastal district of Northern Ireland, is at number 15 on the list.
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