To help buyers spend their money wisely, money.co.uk has revealed the biggest up-and-coming property areas in the UK that could make the best investments.
The study analysed a range of factors including average property price growth, business growth, the volume of young people migrating to the area, transport links and regeneration to determine the biggest up-and-coming property areas in the UK.
The top 10 up-and-coming property areas in the UK
| Rank | Local authority | Population | Annual house price change | Annual income change | Annual poverty rate change | Annual employment change | Net inflow of 25-34 year olds | Train stations per 100,000 people | Net change in businesses per 10,000 people | Up and coming property score /10 |
| 1 | East Cambridgeshire | 90,172 | 16.5% | 4.5% | -0.5% | 1.5% | 0.4% | 6.7 | -8.3 | 8.14 |
| 2 | Eden | 53,754 | 17.9% | 5.9% | -0.8% | 0.8% | 0.2% | 11.2 | -9.3 | 7.99 |
| 3 | Bolsover | 81,305 | 14.9% | 2.8% | -8.7% | 1.4% | 0.2% | 4.9 | 182.6 | 7.80 |
| 4 | East Devon | 148,080 | 17.3% | 5.1% | -0.1% | 2.7% | 0.3% | 6.1 | -20.6 | 7.78 |
| 5 | Argyll and Bute | 85,430 | 25.0% | 3.9% | -3.6% | 0.0% | 0.2% | 16.4 | -2.9 | 7.75 |
| 6 | Warrington | 209,397 | 20.4% | 6.1% | -1.5% | 1.3% | 0.0% | 3.3 | 67.1 | 7.58 |
| 7 | Dover | 118,514 | 16.8% | 5.9% | -1.0% | 1.2% | 0.2% | 7.6 | -27.4 | 7.55 |
| 8 | Stockport | 294,197 | 17.1% | 2.4% | -0.9% | 2.4% | 0.3% | 6.5 | -16.7 | 7.47 |
| 9 | West Lindsey | 96,186 | 15.5% | 2.0% | -7.8% | 2.3% | 0.2% | 4.2 | -2.1 | 7.30 |
| 10 | Broadland | 131,931 | 14.7% | 4.9% | -0.7% | -1.0% | 0.4% | 6.8 | 9.1 | 7.23 |
East Cambridgeshire ranks as the most up-and-coming property areas in Great Britain, with house price growth of 16.5% over the last 12 months. This rural yet well-connected area has seen an increase in employment and an influx of young people to the area., Average income was also up by 4.5%. Potential buyers in the area can also access property information via the national digital register, meaning buying decisions can be made earlier and the property buying process is much simpler.
Eden, the Lake District, is the UK’s second biggest up-and-coming property area. The picturesque Cumbrian district has seen 17.9% property price growth over the last year. Despite recording a negative change in business in the area, annual income has risen a solid 5.9% over the last five years. Poverty has also decreased by 0.8% over the same period.
Bolsover, Derbyshire, ranks as the third-most up-and-coming area for first-time buyers, with the second-highest increase in business at 182.6 per 10,000 people. Property prices have risen 14.9% over the last year and the poverty rate has dropped a massive 8.7%. Income, however, has increased at a slower rate of 2.8% over the last five years and total employment by just 1.4%.
Further study insights:
- Argyll and Bute, Scotland, has seen the biggest property price growth at 25% in the last year.
- Midlothian has seen the biggest increase in youth migration at 0.7%
- The London borough of Barnet has seen the highest increase in business at 375.8 per 10,000 people
You can view the full research here.
