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

Deals of week web larger

Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.

Call us for more information: 01628 507477 or email: team@mortgagerequired.com.

BoE Building   Web Larger

The Bank of England Governor, Andrew Bailey, has advised that, due to the “very big energy shock” the economy is facing, they won’t be in a rush to increase UK interest rates.

Home Insurance Invalidate    Web Larger

Many homeowners don’t realise that a simple act or oversight could invalidate their home insurance policy. Home insurance is essential in protecting your most valuable assets; however, it is important to understand what affects your cover to ensure you are fully protected.

Views   Web Larger

In certain areas, impressive views are one feature that buyers are willing to pay price premiums of more than 30 per cent.   

Lenders React To Iran War   Web Larger

The UK mortgage market is seeing lenders withdraw deals and hike mortgage rates amid the escalation of conflict in Iran. This isn’t great news for borrowers, with the average rate for a two-year fixed deal sitting above 5%.

Salaries Not Enough For Deposit   Web Larger

Statistics now show that those looking to purchase a property would have to save a deposit bigger than their annual gross pay.

Prices Set To Rise For FTB   Web Larger

Analysis from the Office for Budget Responsibility (OBR) shows that those looking to buy their first home could face a sharp increase if house prices follow the latest predictions, as Coventry Building Society suggests.

Mortgage Cheaper Than Rent   Web Larger

According to Zoopla, four in 10 homes are now cheaper to buy with a mortgage than to rent due to lower-cost mortgages - a sign that ownership is becoming more affordable.