eMoov names the biggest climbers and fallers on the housing market.
Sutton has been named the nation's top property hotspot of the year so far, in eMoov's first Property Hotspots Index of 2015.
The Index monitors the change in supply and demand for the most populated locations across the UK, keeping track of the total number of properties sold in comparison to those on sale.
Sutton charges to the top
[SPOTLIGHT]The London Borough of Bexley has been knocked off its year-long top spot by Sutton with demand for property at 67%.
Other London Boroughs and surrounding commuter areas complete the league table. Improving transport links and mass emigration from the centre of London to more affordable areas play a big role.
|
Rank |
Location |
Demand |
|
1 |
Sutton |
67% |
|
2 |
Cambridge |
66% |
|
3 |
Watford |
64% |
|
4 |
Bristol |
63% |
|
5 |
Reading |
63% |
|
6 |
Bexley LBO |
62% |
|
7 |
Guildford |
59% |
|
8 |
Aylesbury |
57% |
|
9 |
Havering LBO |
57% |
|
10 |
Hillingdon |
56% |
The biggest climbers
London and surrounding commuter towns have a continually strong demand for property, but it’s North West England that has seen the most improvement.
The ‘Northern Powerhouse’ that George Osborne referred to in his recent Budget speech is starting to take hold with the North accounting for nine out of 10 of the highest climbers since December 2014.
Sefton has seen a massive 80% boost since eMoov’s last Index.
|
Rank |
Location |
Change in demand since December 2014 |
|
1 |
Sefton |
+80% |
|
2 |
Huddersfield |
+56% |
|
3 |
Trafford |
+24% |
|
4 |
Bradford |
+23% |
|
5 |
Stoke-on-Trent |
+21% |
|
6 |
Cornwall |
+21% |
|
7 |
Bolton |
+21% |
|
8 |
Wakefield |
+20% |
|
9 |
Fife |
+20% |
|
10 |
Warrington |
+19% |
eMoov produces four Property Hotspot Indexes a year, one for each financial quarter.
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