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Zoopla reveals Britain's top performing commuter hotspots

12th January 2018

  • Swanley in Kent is the best performing town with price growth of 10.78 per cent over the past year
  • Birmingham commuter belt dominates the rankings with Bromsgrove, Belper, Atherstone and Warwick all in the top 10
  • Ilkley and Bingley near Leeds have also seen significant growth over the past 12 months
  • Swanley in Kent has been identified as the best performing commuter hotspot for property price growth in Britain, with prices increasing by 10.78 per cent (£36,484) over the past year, according to the latest data from Zoopla. Based on this growth rate, commuters that own a home in the well-connected town could expect to effectively offset their £2.5k annual London rail fare in under a month (25 days).

    Zoopla analysed annual property value growth in towns within an hour’s commute of Britain’s 10 largest city centres*. This growth was then compared to annual rail card prices to establish how many days it may take to effectively cover the cost of their annual commute.

    In second place is Dursley – a town on the outskirts of Bristol - which has seen strong price growth of 9.71 per cent (£26,339) over the past year. Here homeowners could pay off their annual commuting costs within a month (32 days). Bromsgrove is just a half-hour train ride from Birmingham city centre and comes next on the list with 9.61 per cent growth in property prices over the past 12 months (16-day payoff). This is followed by the popular London commuter town of Berkhamsted, which has enjoyed a rise of 9.18 per cent over the past 12 months (23-day payoff), and Blaydon (within easy reach of Newcastle) where the average home has increased in value by 9.09 per cent in the past year (16-day payoff).

    The Midlands dominates the rankings, with three commuter towns close to Birmingham in the top 10. In addition to third placed Bromsgrove, the historical town of Atherstone experienced strong growth of 8.26 per cent over the last 12 months (£18,059), which could effectively cover the cost of a season ticket into the city centre in just 40 days. Heading east to the county town of Warwick, properties saw a boost in price to the tune of £28,996 (8.18 per cent) over the past year, which could cover the cost of travel in just 19 days.

    Commuter towns in West Yorkshire within easy reach of Leeds also fare well. Homes in Ilkley have risen by 8.52 per cent over the past year (14-day payoff) and homeowners in Bingley have seen values go up by 7.91 per cent (23 days).

    The South of England, on the other hand, has not performed as well, with only two of London’s commuter towns featuring in the overall top 10. After Swanley and Berkhamsted, riverside Greenhithe is the next best performing location within commuting distance of the capital, with property price growth of 7.61 per cent (£23,091); effectively covering the cost of an annual travel card within 40 days. Leafy Tonbridge (7.56 per cent, 35 days) and Bexley (7.52 per cent, 22 days) place fourth and fifth respectively.

    Lawrence Hall, spokesperson for Zoopla comments: “An easy commute into the office is often very near the top of the property wish list for those looking to move home, and these figures show just how valuable it can be to live within easy reach of a city centre. Towns with good transport links into Birmingham have performed particularly well in 2017 due to continued demand in the region, which offers better value compared to the south of the country.”

    Top 10 commuter towns by property value growth

    Rank

    Commuter town

    Closest major city

    Average property price December 2017 (£)

    Growth rate year-on-year (%)

    Time it could take to offset annual travel fare (days)

    1

    Swanley

    London

    £375,066

    10.78%

    25

    2

    Dursley

    Bristol

    £297,581

    9.71%

    32

    3

    Bromsgrove

    Birmingham

    £301,384

    9.61%

    16

    4

    Berkhamsted

    London

    £724,194

    9.18%

    23

    5

    Blaydon-On-Tyne

    Newcastle

    £150,377

    9.09%

    16

    6

    Belper

    Nottingham

    £252,308

    8.94%

    30

    7

    Ilkley

    Leeds

    £404,994

    8.52%

    14

    8

    Atherstone

    Birmingham

    £236,734

    8.26%

    40

    9

    Warwick

    Birmingham

    £383,488

    8.18%

    19

    10

    Bingley

    Leeds

    £231,536

    7.91%

    23

    Best performing commuter towns in Britain's top 10 biggest cities

    Rank

    City

    Best performing commuter town

    Average Property Price December 2017 (£)

    Growth rate year-on-year (%)

    Time it could take to offset annual travel fare (days)

    1

    London

    Swanley

    £375,066

    10.78%

    25

    2

    Birmingham

    Bromsgrove

    £301,384

    9.61%

    16

    3

    Leeds

    Ilkley

    £404,994

    8.52%

    14

    4

    Manchester

    Stockport

    £262,167

    7.03%

    17

    5

    Bristol

    Tewkesbury

    £299,777

    9.94%

    59

    6

    Edinburgh

    Bellshill

    £109,654

    7.31%

    20

    7

    Newcastle

    Blaydon-On-Tyne

    £150,377

    9.09%

    16

    8

    Sheffield

    Dronfield

    £254,577

    7.48%

    18

    9

    Liverpool

    Ormskirk

    £272,814

    5.43%

    23

    10

    Nottingham

    Belper

    £252,308

    8.94%

    30

    Top five best performing London commuter towns by rise in property value

    Rank

    Commuter town

    Average Property Price December 2017 (£)

    Growth rate year-on-year (%)

    Time it could take to pay offset  annual travel fare (days)

    1

    Swanley

    £375,066

    10.78%

    25

    2

    Berkhamsted

    £724,194

    9.18%

    23

    3

    Greenhithe

    £326,403

    7.61%

    40

    4

    Tonbridge

    £492,896

    7.56%

    35

    5

    Bexley

    £485,763

    7.52%

    22

    Source: Zoopla, December 2017

    - Ends -

    For further information, please contact Tim Vooght at pr@zoopla.co.uk or on 020 3872 5615.

    Notes to editors

    Zoopla is the UK's most comprehensive property website, focused on empowering users with the resources they need to make better-informed property decisions. We help consumers both find their next home and research the market by combining hundreds of thousands of property listings with market data, local information and community tools.

    At Zoopla we are fans of transparency and everything we do is aimed at making the market more efficient for both property consumers and advertisers alike. Zoopla has rapidly become the UK’s leading online destination for property consumers to search for homes and do their market research and the favoured online marketing partner for UK estate agents, letting agents and property developers.

    Launched in 2008, Zoopla has since been one of the fastest growing websites in the UK, now attracting over 40 million visits per month and we are proud to have collected numerous awards and accolades along the way, including being named one of the Top 10 UK Tech Companies (Guardian) and one of the Top 10 Most Innovative UK Companies (Smarta).

    Zoopla is part of Zoopla Limited which was founded in 2007.

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