Has your town made the list? Survey reveals the top 10 locations where asking prices skyrocketed in 2022
It follows another report from Rightmove which states UK asking prices dropped by 2.1% in the month prior to Christmas - the largest drop in four years.
The survey also reveals Little Lever in Bolton is Greater Manchester as another sought after location that has seen asking prices skyrocket. When it comes to the UK during the pandemic, Wales saw the biggest growth in average asking prices, with an impressive rise of 27 per cent during 2022.Luxury houses, Sandbanks,Poole,Dorset UK - Image ID: D7AB67 .According to the report compiled by the property site, new buyers in Eastwood with a 10 per cent deposit face average monthly mortgage payments of £1,374.
Will Watson, of Watsons Estate Agents in Nottinghamshire, said: "We have found that Eastwood has always been a popular location for buyers as it has a wide variety of shops, a good school and the countryside nearby, with great transport links via the M1 motorway." Looking ahead, the property site predicts average asking prices across Britain will drop by 2 per cent in 2023 - brief respite from surging prices.Eastwood prices rose by up to 29% in 2022.1. Eastwood, Nottingham +29%5. Chelston, Devon +20%9. Birchington, Kent +19%
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