Why the Bradford postcode area has the hottest property market in England

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Home hunters from the Leeds area looking for more bang for their buck have helped boost interest in Bradford, which now has the hottest property market in England, according to property portal On the Market.

It ranks number one in the hotspot index. Doncaster, which has an array of beautiful villages and towns, has climbed to number ten in the table while Barnsley and Sheffield are at number 17 and 18 respectively. Jason Tebb, President of OnTheMarket, says: “Many factors go into shaping the decision to buy a home in a particular area, with proximity to family and friends, work, and schools just some of the many considerations.

London is in a lowly 47th place, down from 45th when looking at the same period last year even though average property prices haven’t risen as much as in other parts of the country. The index further reinforces that many buyers are being priced out of London and the southeast and as a result may be looking for opportunities further afield. Within London itself, it’s a similar story with the strongest purchase activity in cheaper boroughs while pricier boroughs are not as busy.

 

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