Sunbury-on-Thames is 2024’s price hotspot

• New data reveals that Sunbury-on-Thames in Surrey is 2024’s price hotspot, with the average asking price for a home jumping by 12.5% compared to the previous year:
  • Bristol City Centre is second on the list of hotspots, and Swinton in Manchester is third
• The rise in prices contrasts the more muted price growth on average across Great Britain, where the average asking price for a home was £360,197 at the end of 2024, 1.4% higher than in 2023:
  • Prices in the North East rose by 4.2% last year, while average prices in London dropped 0.8%
  • Terraced houses rose the most in price last year at +2.2%, while flat prices only grew 0.5%
• Rightmove predicts average prices will rise by 4% on average across Great Britain in 2025

 

New data from the UK’s biggest property website Rightmove reveals that Sunbury-on-Thames in Surrey is the price hotspot for 2024, with the average asking price for a home jumping by 12.5% compared with the end of 2023.

The hotspot table is made up of a variety of locations across Great Britain, where prices rose the most compared to the end of last year.

The average price of a home for sale in Sunbury-on-Thames rose from £527,005 in 2023 to £592,976 in 2024.

Bristol City Centre is second on the list of hotspots with average prices rising by 9.0% compared to the end of 2023, and Swinton in Manchester came third, with prices also rising by 9.0%.

These trends contrast the much more subdued growth in prices on average across Great Britain, where the average asking price of a home rose by 1.4% in 2024, from £355,177 to £360,197.

At a regional level, average asking prices rose the most in the North East in 2024 at +4.2%, followed by the North West (+3.8%) and Wales (+2.9%).

London was the only region where prices at the end of 2024 were lower than at the end of 2023, dropping by 0.8% or £5,575.

 

Area	Average asking price 2024	Average asking price 2023	Year-on-year price change
North East	£186,013	£178,574	4.2%
North West	£258,205	£248,770	3.8%
Wales	£258,487	£251,198	2.9%
Scotland	£185,573	£180,733	2.7%
South East	£466,971	£455,580	2.5%
Yorkshire and The Humber	£243,456	£237,547	2.5%
East Midlands	£280,153	£275,866	1.6%
South West	£373,223	£369,690	1.0%
West Midlands	£283,733	£281,696	0.7%
East of England	£407,464	£405,158	0.6%
London	£661,444	£667,019	-0.8%

 

Looking at the types of property rising most in price last year, terraced houses were the strongest performer of 2024, with the average asking price of a terraced home increasing by 2.2%.

Flats were the weakest performing, with average prices rising by only 0.5% comparatively.

Looking ahead to 2025, Rightmove predicts that average prices will rise by 4% on average across Great Britain by the end of this year.

Rightmove also anticipates that there will be more transactions in 2025, around 1.15 million, and wider trends predicted include a beginning of the resurgence in London prices after being the weakest performer of last year.

Rightmove’s Chief Data Officer Steve Pimblett says, “Despite a slow year for price growth overall, there will always be pockets of Great Britain which perform above the average, and 2024’s list of hotspots is a mixed picture, with the North, South, Scotland and Wales all represented in the top 10. Agents tell us that good quality homes in popular areas have continued to attract buyer interest, even in the slower periods of the market since mortgage rates went up. We predict that this year will be busier for the market in terms of price increases and sales, particularly if mortgage rates reduce.”

2024’s hotspots

Area	Average asking price 2024	Average asking price 2023	Year-on-year price change
Sunbury-On-Thames, Surrey	£592,976	£527,005	+12.5%
Bristol City Centre, Bristol	£391,042	£358,654	+9.0%
Swinton, Greater Manchester	£264,081	£242,303	+9.0%
Skelmersdale, Lancashire	£154,004	£142,058	+8.4%
Gosforth, Newcastle Upon Tyne	£302,189	£280,886	+7.6%
Swansea, Wales	£208,709	£194,439	+7.3%
Merthyr Tydfil, South Glamorgan	£183,550	£171,007	+7.3%
Darwen, Lancashire	£177,631	£166,179	+6.9%
North Shields, Tyne & Wear	£247,479	£231,533	+6.9%
Glenrothes, Fife	£155,240	£145,337	+6.8%

 

ENDS

 About Rightmove

• Rightmove has the UK’s largest selection of properties for sale and to rent, adds more listings than anyone else, and over 80% of all time spent on property portals is on Rightmove.
• Rightmove’s vision is to give everyone the belief that they can make their move by giving people the best place to turn and return to for access to tools and expertise to make it happen.
• People can search Rightmove for residential resale, new homes, rentals, commercial property and overseas properties and use tools and information including getting a Mortgage in Principle, checking local sold prices, property valuations, market trends, maps and schools.
• Customers include the following key groups: estate agents, lettings agents, new homes developers, rental operators, commercial property operators and overseas property agents
• Using the UK’s largest housing datasets, we issue a number of regular reports to track housing market indicators: our monthly House Price Index (established 2002), our quarterly Rental Trends Tracker (established 2015), a weekly Mortgage Rates Tracker (established 2023) and a quarterly Commercial Insights Tracker (2024). Historical data is available on request.
• Founded in 2000, Rightmove listed on the London Stock Exchange in 2006 and is a member of the FTSE 100 index.
• For more information, please visit www.rightmove.co.uk/claims