1 Feb 2025
Top 10 property price hotspots in 2024
Data from Rightmove shows that Sunbury-on-Thames in Surrey was the number one house price hotspot in 2024. The prices in this area climbed an impressive 12.5% - increasing from an average price of £527,005 in 2023 to £592,926 in 2024.
The next on the list was Bristol City Centre which had a 9% increase taking the average price to £391,042. Swinton in Greater Manchester was just behind with prices rising 9% compared to the end of 2023.
Below are the top 10 property price hotspots of 2024.
|
Area |
Average asking price 2024 |
Average asking price 2023 |
Year-on-year price change |
|
Sunbury-on-Thames Surrey |
£592,976 |
£527,005 |
+12.5% |
|
Bristol City Centre Bristol |
£391,042 |
£358,654 |
+9% |
|
Swinton Greater Manchester |
£264,081 |
£242,303 |
+9% |
|
Skelmersdale Lancashire |
£154,004 |
£142,058 |
+8.4% |
|
Gosforth Newcastle Upon Tyne |
£302,189 |
£280,886 |
+7.6% |
|
Swansea Wales |
£208,709 |
£194,439 |
+7.3% |
|
Merthyr Tydfil South Glamorgan |
£183,550 |
£171,007 |
+7.3% |
|
Darwen Lancashire |
£177,631 |
£166,179 |
+6.9% |
|
North Shields Tyne & Wear |
£247,479 |
£231,533 |
+6.9% |
|
Glenrothes Fife |
£155,240 |
£145,337 |
6.8% |
According to Rightmove, property prices grew just 1.4% across Great Britain, with the national average asking price going from £255,177 in 2023 to £360,197 by the end of 2024.
Recent posts
According to a report in the Guardian, senior ministers have asked Treasury officials to look into a “proportional” property tax to see how it would work as an alternative to the existing stamp duty land tax on owner-occupied homes.
More than a quarter of UK adults in long-term relationships (26%) have reported that despite living together, they keep their finances separate from one another.
There has been a rise in both rent and mortgage costs over the last three years, with renters seeing a greater increase in their monthly payments than those with a mortgaged property.
Delayed Start Mortgages
14 days ago
The new Delayed Start Mortgage launched by Skipton Building Society allows first time buyers to postpone the first three mortgage payments. This product has been designed to help soften the blow of moving in costs for first time buyers.
Green Mortgages | Rewards and Benefits
16 days ago
Mortgage lenders are starting to recognise their “Green” responsibilities when it comes to the different products they offer.
A recent study by Boon Brokers where 1,000 people who had used an estate agent over the last year were surveyed, showed that a whopping 52% said they were pressured into using the estate agents’ in-house mortgage broker.
When will mortgage rates fall further?
26 days ago
Analysts are predicting further rate cuts this year, with the next one possibly coming down to 4% when the Bank of England’s Monetary Policy Committee meet on Thursday 7th August 2025.
The Financial Conduct Authority (FCA) has shared new changes to mortgage rules with the aim to simplify remortgaging, and encourage competition within the mortgage market.
More information
Trusted by
