Sunbury-on-Thames tops the list (Image: Reach PLC)
The little town of in Surrey has been crowned 2024’s property price hotspot, where prices have climbed by an average of 12.5%. This is a jump from £527,005 in 2023, to £592,976 in 2024.
Nestled on the north bank of the in the , , 13 miles south west of central London, it is home to Welsh singing legend Tom Jones.
A top 10 list sees entries dotted all over Great Britain, with the North, South, Scotland and Wales all represented. ranked second, with a 9% increase bringing the average price to £391,042. in Greater Manchester followed closely, also seeing a 9% rise, to £264,081.
These figures contrast with the more muted price growth of 1.4% across Great Britain. Nationally, the average asking price edged up from £355,177 in 2023, to £360,197 by the end of 2024. See below for the top ten towns.
Tom Jones lives in Sunbury-on-Thames (Image: Liverpool Echo)
| 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% |
Regionally, the North East saw the biggest average price growth last year, with a 4.2% increase in asking prices. This was followed by London which was the only region to record a decline, with average prices falling by 0.8%. However, property experts expect prices to bounce back in 2025.
| 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 average of different property types, terraced houses saw the strongest growth in 2024, with average prices increasing by 2.2%. Flats had the most muted price growth in 2024, with prices rising by 0.5% on average.
Rightmove are predicting a 4% rise in average asking prices across Britain in 2025 and are expecting to see more activity this year, of around 1.15 million transactions, as many people who’d put off moves in previous years make 2025 the year they make their move.
Steve Pimblett, Rightmove’s Chief Data Officer, explained: “Even in a year of modest overall growth, there are always locations that outperform. The 2024 hotspots reflect strong demand for quality homes in desirable areas, despite broader economic pressures. As we move into 2025, we expect increased stability in the market, particularly if rates decline further.”
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