Bradford retained pole place because the UK’s main housing hotspot within the three months to July, in keeping with the newest analysis from OnTheMarket.
The property web site’s Hotspots Index seems to be on the variety of obtainable gross sales properties over 1 / 4, evaluating that towards the amount of onsite exercise, making a rating that represents the depth of curiosity in that space.
The West Yorkshire metropolis, which is the UK’s Metropolis of Tradition this 12 months, has led the survey for the final 9 months.
Within the present ballot, Coventry noticed one of many largest will increase in rating, shifting into second spot from ninth, pushed by a spike of enquiries exhibiting rising curiosity within the space.
Stoke-on-Trent was a brand new entrant to the highest ten, rising to ninth from twelfth.
In the meantime, Barnsley moved the opposite manner, dropping out of the highest ten to fifteenth.
The ‘coldest’ spot was Brighton, which got here backside of the ballot at 54, swapping locations with Southend-on-Sea, which rose three positions to 52.
Bristol dropped eight positions to 46, getting into the underside 10 for the primary time.
OnTheMarket president Jason Tebb says: “As soon as once more, the north/south divide is holding agency, with the highest of the checklist dominated by among the most vibrant and best-value areas within the north of England, the place we discover essentially the most warmth when it comes to exercise.
“Conversely, on the foot of the desk, the southern seaside cities with comparatively larger common property values are to be discovered, corresponding to Worthing, Southend-on-Sea and Bournemouth.”
Tebb provides: “Regardless of 5 rate of interest reductions up to now 12 months, together with many lenders easing their standards, the continued excessive price of residing means affordability continues to be a priority for a lot of.
“In consequence, patrons are favouring these areas the place their cash will go additional. “Nonetheless, regardless of sturdy wage progress, common property values have additionally elevated, making it troublesome for a lot of to bridge the hole.”
High 10 UK Hotspots — Might to July 2025
Earlier rating — February to April 2025
Throughout the capital’s boroughs, there have been fewer fluctuations than nationally, with Barking and Dagenham and the Metropolis of London switching locations on the high.
“The composition of the highest ten didn’t change in any respect, with a little bit of shuffling of positions however no new entrants or dropouts,” the survey says.
Lambeth got here backside of London’s 32 boroughs, with the least lively housing market of any borough, as soon as once more throughout Might to July, in keeping with its bottom-placed place in February to April and in November to January.
Haart department associate in Dagenham Gary Scargill says: “Dagenham proceed to draw sturdy curiosity from patrons because of its mixture of affordability and glorious transport hyperlinks.
“With 4 stations serving the world, residents are by no means removed from direct connections into London. Freehold homes begin from round £325,000, providing distinctive worth in comparison with many neighbouring areas.
“The realm additionally boasts loads of leisure house, making it fashionable with households and people looking for a balanced way of life.
“Latest main developments, such because the opening of Eastbrook Studios, London’s latest and largest movie and tv studio campus, have additional enhanced Dagenham’s profile and attraction, contributing to rising demand.”
High 10 London borough Hotspots — Might to July 2025
Earlier rating — February to April 2025
