12 January 2018
Swanley in Kent, Dursley near Bristol and Bromsgrove in the Midlands have been identified as house price hotspots in a study of commuter towns.
Property website Zoopla made the findings after analysing towns within an hour’s commute of 10 cities.
Areas clustered around London, Birmingham, Leeds, Manchester, Bristol, Edinburgh, Newcastle, Sheffield, Liverpool and Nottingham were looked at for annual house price growth.
The study said that, based on this typical growth rate, the rising value of a commuter’s home in Swanley could effectively offset the cost of a £2,500 annual London rail fare in less than a month.
Dursley, on the outskirts of Bristol, was placed second, with price growth of 9.71 per cent, or £26,339, over the past year.