RIGHTMOVE NAMES KEIGHLEY AS A TOP PROPERTY HOTSPOT

The town of Keighley has been named as one of the UK’s top property hotspots by property search giant, Rightmove after asking prices in the local area soared by 11% over the past 12 months.

Rightmove’s research looked at where average asking prices have increased the most over the past 12 months. The data reveals that average asking prices in Keighley climbed to £195,175 in February 2021, which was up from £175,766 on February 2020.

Another West Yorkshire town to make the top 10 is Pudsey, where asking prices have also risen by 11% to an average of £225,530, meaning the town sits in joint fourth place in the league table with Keighley. 

The historic Scottish town of Paisley, which borders Glasgow to the east, is top of the pile after seeing a 15% increase in asking prices in the past year. The average asking price for a home in Paisley is currently £126,903, which is £16,183 more expensive than a year ago.

Leading estate agent, Dacre, Son & Hartley has an office in Keighley town centre, as well as covering Pudsey from its North Leeds office. Patrick McCutcheon, head of residential at the firm, said: “The metric of asking prices is a strong indicator of places that are proving popular with home-movers, because the more desirable a location becomes, the more prices go up. 

“Keighley has everything going for it with fantastic local amenities, rail links, good schools and superb countryside on its doorstep, as well as attractions including Haworth and its famous moors, Cliffe Castle and the Keighley & Worth Valley Railway, but property in Keighley is still cheaper than many neighbouring towns such as Skipton and Ilkley. 

“However, the pandemic has made lots of people reconsider their property priorities, and with many looking for good sized family homes with gardens, it has become a magnet for those wanting value for money in a highly accessible location.

“As a result, we’ve experienced particularly high demand for property in Keighley over the past 12 months and there’s a limited supply of new housing stock coming onto the market, which has all combined to push prices up. This also makes it a great time for anyone considering selling a property in the town.”

Each of the top 10 price hotspots have average asking prices that are cheaper than the national average. The most expensive location in Rightmove’s list is Newquay in Cornwall, with an average asking price of £294,381. To see all properties currentlly for sale with Dacre, Son & Hartley click here.