Rightmove reveals where homes appreciated most and sold fastest

Rightmove has revealed the top 10 locations outside London where asking prices grew most and where homes sold fastest - and there are some surprising entries.

Sudbury in Suffolk comes top this year for homes increasing in value the most, with the average asking price of a property rising by 13.1 per cent from £234,569 to £265,291. That’s compared to a national annual rise of 1.2 per cent according to Rightmove’s data.

Next up in the appreciation league table came Sowerby Bridge, West Yorkshire; then Kendal, Cumbria; Turnham-On-Sea in Somerset; and Todmorden, West Yorkshire.

Rounding out the top 10 for this category were Havant in Hampshire; Rushden and Kettering, both in Northamptonshire; West Bromwich in the West Midlands; and finally March in Cambridgeshire.

All places in the top 10 saw asking price growth of over nine per cent in 2017, and all were well below the national average of £302,865, with the cheapest being West Bromwich in the West Midlands where asking prices are currently £149,360, up 9.5 per cent on this time last year.

Meanwhile Livingston in West Lothian is where homes have been flying off the shelves the quickest, with the average home finding a buyer in just 23 days, seven days quicker than in 2016.

The national average time to sell is 67 days, measured from when the property was first listed on Rightmove to it being marked by agents as ‘under offer’ or ‘sold subject to contract’.

Edinburgh was the runner up followed by Corby and Kettering; the Coventry in the West Midlands; and Falkirk, Stirlingshire.

This top 10 was concluded by Glasgow, Rugby in Warwickshire, Aldershot in Hampshire, and Gillingham in Kent.