top of page
Search
  • BellPepper blog

Property hotspots and Not-So-Hot Spots (July 2021 update)

Updated: Jul 30, 2021

This the second in our series of quick updates on the UK property market, taken city by city.


This table shows the data on average price paid and gross yields achieved in some of the key investment hotspots across the UK.


The overriding message is that the UK property market remain strong, with some moderation of the gains seen last month. Zoopla estimates current overall growth of 5.4%, but with a 23% increase in demand for homes vs the same point in 2020.


Continuing with our reporting of last month, :

  • Birmingham and Liverpool are seeing stronger gains - where they have seen 5% and 6% growth respectively over the last 12 months.

  • Scotland continues to do better than expected - while the pace of growth is slightly slower vs June, Edinburgh and Glasgow are 6% and 7% ahead vs 12 months ago.

  • London continues to underperform - this is especially marked in East Central, home to the City of London, Westminster and parts of Camden. Here, prices have fallen by 6% over the last 12 months.


Thinking of investing? Already invested? Register to use our FREE smart tools to help you make faster, better decisions.


Coming Soon: Location Spy is our new tool that is just what you need if (a) you're not sure which part of any city to invest in, or (b) you'd like to learn more about a particular hotspot. Email us at [email protected] if you want to be the first to be notified.

129 views0 comments

Comments


bottom of page