Two residential areas in Greater Manchester have been highlighted as UK ‘property hotspots’ based off house price data from 2022.
And they’re probably not the places you’d expect either.
There’s no doubt the property market in our region has been booming over the last decade or so, with average house prices seeming to rise year-on-year, and more and more areas becoming sought-after as the places to live time goes on – but now, Rightmove has released its list of the top UK property hotspots for this year based off 2022 data, and two rather surprising Greater Manchester areas have made their way onto it.
To create its list of hotspots, the UK’s biggest property website compared average house prices across the UK between 2022 and 2021 to out find the areas where prices they have risen the most, and the areas where prices are increasing more than the national average indicate that the area is a ‘hotspot’.
As well as soaring prices, Rightmove also considers a ‘property hotspot’ to be a place where there is a high demand for homes too.
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Manchester‘s inner city area of Hulme has claimed second place on the list.
Rightmove has released a list of the top UK property hotspots for this year based off 2022 data / Credit: Wikimedia Commons
Hulme is an ever-changing residential area that’s been the subject of redevelopment projects several times over the years, and has always been a favourite with students and young professionals thanks to it being home to Manchester Metropolitan University‘s (MMU) Birley campus, but Rightmove’s latest data shows it could be set to surge in popularity with a much wider audience this year.
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According to the data, the average price of a home in Hulme jumped up by 26% from £188,454 in 2021 to £238,249 in 2022.
Elsewhere on the list, the Bolton residential area of Little Lever has been named another one of the UK’s property hotspots, claiming eighth place after average house prices soared by 20% from £169,709 in 2021 to £202,890 in 2022.
Grabbing first place as the UK’s top property hotspot was Eastwood in Nottinghamshire, according to Rightmove, with average asking prices in the area jumping by 29% compared with 2021.
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Other property hotspots named in Rightmoves top 10 list based off last year’s data include Sandbanks in Dorset, Heathfield in East Sussex, Chelston in Devon, St. Peters in Kent, Cowes on the Isle Of Wight, Birchington in Kent, and Deeping St. James in Cambridgeshire.
Property prices in each of those areas had soared by more than 19% since 2021.
Two rather surprising Greater Manchester areas have made their way onto the list / Credit: Roger Kidd (via Geograph)
While the South East has the most areas featured in the top 10 property hotspots, the North East, however, saw the biggest regional annual growth of 10.3% in 2022, and as a whole, house prices across the UK were higher in 2022 than the year before.
Rightmove says average house prices were 5.6% higher across the UK at the end of 2022 than they were at the same time in 2021.
“Property prices have risen exceptionally over the last three years,” admitted Tim Bannister, property expert at Rightmove.
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“If we compare with December 2019, just before the pandemic started, the average asking price of a home in Great Britain has risen by a staggering 20%, so to put that into context, asking prices rose just 3% in the previous three years, and we need to go all the way back to 2013 to see similar price growth.
House prices were 5.6% higher across the UK at the end of 2022 than they were in 2021 / Credit: Julie Twist Properties (via Rightmove)
“We expect average asking prices to drop by 2% next year now that the frenetic period for the market is over.
“It is likely that some sellers, particularly those in locations and sectors of the market that have benefitted the most from pandemic price growth, may be willing to give up some of their gains in this calmer market in order to negotiate a successful sale.”
Manchester’s skyline crowned one of the most ‘beautiful’ in the world
Emily Sergeant
Manchester’s skyline is constantly changing.
Every day, it seems as though a new crane pops up, or plans get submitted to build another new building that’ll alter the landscape of our city, and although some residents aren’t the biggest fan of this, others can still see Manchester‘s beauty regardless.
There are some stunning – and truly iconic – skylines across the world, from New York City to Dubai, and everything in between.
And according to a new study, Manchester is one of them.
Although our city probably wouldn’t be the first to spring to mind when asked to name picturesque skylines, its growth and evolution means it’s been crowned the world’s 46th most beautiful, according to gaming platform Slingo.
Manchester’s skyline has been crowned one of the most ‘beautiful’ in the world / Credit: Chris Curry | Josh Taylor (via Unsplash)
Famous for iconic buildings like Beetham Tower and Deansgate Square that attract a huge number of visitors each year, Manchester’s skyline is said to be ‘one that every traveller needs to visit and admire in their lifetime’.
Manchester ranks among capital cities, business hubs, and popular tourist destinations on the list of iconic skylines from around the world, with New York City taking the coveted top spot and other legendary places such as Chicago, Shanghai, Hong Kong, and Melbourne all featuring in the top 10.
To calculate the most aesthetically pleasing skylines, each city’s skyline was processed to determine its aspect ratio, with the renowned golden ratio (1.618) used as a benchmark for aesthetic balance, and then the final rankings were created by combining this score with the number of Instagram posts and hashtags for each city’s skyline.
It ranks among other iconic cities like New York City, Dubai, and Mumbai / Credit: Fran Serra (via Unsplash)
Manchester’s skyline may already be ‘beautiful’ enough as it is, but of course, it’s set evolve in the future with skyscraper developments planned.
Trinity Islands, a proposed residential development comprising five towers, mixed-use developments St Michael’s and Viadux, and residential skyscraper One Heritage Tower, are just a few of the projects planned.
Manchester has changed a lot over the past decade, but how will it look in the next 10 years? That, we’ll just have to wait and see.
Featured Image – Mylo Kaye (via Unsplash)
Property
Plans submitted to demolish 54-year-old Greater Manchester shopping centre
Emily Sergeant
Detailed plans have officially been submitted for the demolition of a once-thriving shopping centre that’s stood standing for half a century.
You may remember that Bolton Council purchased the Crompton Place shopping centre back in 2018 as part of its town centre regeneration masterplan, with the intent to demolish the building’s original structure and use the newly-cleared space for public performances, events, pop-up markets and loads more.
Pending approval later this year, the Council has now formally submitted demolition plans, with the process taking just 50 weeks and being completed in a single phase.
Visitors to Bolton town centre are expected to ‘quickly see the benefits’ of the demolition, according to the Council, thanks to the reintroduction of a direct pedestrian route between Victoria Square and Bradshawgate.
Ahead of the long-term use of the space, the Council says this so-called ‘meanwhile use’ in the short period between demolition and the start of new developments will ensure the area remains ‘vibrant’ and continues to attract visitors to the town centre in order to support local businesses.
Plans have been submitted to demolish a 54-year-old Greater Manchester shopping centre / Credit: Geograph
The transformation of Crompton Place is Bolton’s flagship redevelopment project and work is said to be ‘well underway’ to find the right developers for the site.
Planning was previously granted for a mixed-use development to replace Crompton Place, including leisure and hospitality venues, but once developers are appointed, they will hold a public consultation on the future for the site – including how it’ll benefit the wider town centre.
The demolition of Crompton Place follows years of work to relocate the former tenants of the shopping centre elsewhere in the town centre.
“This demolition plan marks the start of a truly transformational project in the heart of Bolton town centre,” commented Bolton Council Leader Nick Peel, as the plans were formally detailed and submitted this week.
“Last year saw several regeneration projects successfully delivered, but the start of work on Crompton Place sends a clear signal that Bolton means business.
“We have already had significant interest in the site, and we are confident that investment in the site will attract even more developers to other parts of the town centre.”
Emily Sergeant -
6th January 2023 
