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

There was a 32% increase last year in 100% loan-to-value (LTV) mortgages which are mortgages that require zero deposit. According to a recent report by chartered accountants and business advisers, Lubbock Fine, the reason behind this is buyers simply struggling to save enough for a deposit.

Many people are quite private when it comes to what is in their bank account. In this short blog, we look into what Brits have saved by age group.

Research from buy-to-let lender, Landbay, shows that UK landlords are looking at raising rents ahead of the Renters' Rights Bill which is due to come into force this year.

Data shows landlords could miss out on green mortgages due to expired energy performance certificates.

Buying a house is a big deal, and where you are planning to buy will make a difference financially. In this short blog, we look at the most affordable and most expensive areas and how much you need to be earning to buy in there.

Equity release is a type of mortgage that allows homeowners 55 and over to access money from their property's equity without having to leave their home. This is done by securing a loan against the house which is usually repaid by selling the property when the borrower passes away or has to move into long-term care.

It’s important to ask questions about the property you are interested in before taking that step to make an offer. A little probing can make all the difference between buying your dream house or something that requires a lot of work.

There are millions of homeowners over the age of 60 who are likely to release money from their homes to pay for their lifestyle during retirement giving those who are 'asset rich but cash poor' a way to live out their retirement the way they wish.