Wiltshire fails to make new property prices hotspot list from Rightmove

WILTSHIRE does not make a list of property price hotspots for 2022 – though one area of Dorset does.

The list, from property website Rightmove, details the 10 areas that saw the largest increase in house prices in 2022, when compared to 2021.
The data compares average house prices across the UK.
Top of the list was Eastwood, in Nottinghamshire, which saw a 29 percent increase from 2021 to 2022.
The average price for a home in Eastwood was £231,381 in 2022, up from £179,194 in 2021.
New buyers in Eastwood with a 10% deposit face average monthly mortgage payments of £1,374, which drops to £1,115 per month for those that can afford to put down a 25% deposit.
Hulme in Greater Manchester is second on the list, where average asking prices rose by 26% from £188,454 to £238,249.

Meanwhile, Sandbanks in Poole, Dorset, pictured, is third where asking prices rose by 22%.
The South East features the most price hotspots within the top 10, while the North East saw annual growth of 10.3% last year.
Overall, average asking prices were 5.6% higher across Great Britain at the end of 2022 than they were at the same time in 2021.
Tim Bannister, Rightmove property expert, said: “Property prices have risen exceptionally over the last three years.
“If we compare with December 2019, just before the pandemic started, the average asking price of a home in Great Britain has risen by a staggering 20%.
“To put that into context, asking prices rose just 3% in the previous three years, and we need to go all the way back to 2013 to see similar price growth.
“We expect average asking prices to drop by 2% next year now that the frenetic period for the market is over, and it is likely that some sellers, particularly those in locations and sectors of the market that have benefitted the most from pandemic price growth, may be willing to give up some of their gains in this calmer market in order to negotiate a successful sale.”

The full list, with the increase in average house prices, is:
1 Eastwood, Nottingham: +29%
2 Hulme, Greater Manchester: +26%
3 Sandbanks, Dorset: +22%
4 Heathfield, East Sussex: +21%
5 Chelston, Devon: +20%
6 St Peters, Kent: +20%
7 Cowes, Isle Of Wight: +20%
8 Little Lever, Manchester: +20%
9 Birchington, Kent: +19%
10 Deeping St James, Cambridgeshire: +19%

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