Saturday, August 13, 2022
Real EstateUK

Buyer searches for coastal, rural rises in 2020

property market

Location preferences are changing, with many people no longer reliant on easy access into work

The shift in working habits caused by the coronavirus pandemic has had a major impact on the property market, having led to significant new trends.

A number of agents have reported a sharp rise in people looking for properties with outside space as well as more room to work from home.

Location preferences are also changing, with many people no longer reliant on easy access into work, and that largely explains why Rightmove’s review of the year shows that coastal and rural areas saw the biggest jump in buyer searches in 2020.

The Somerset town of Bruton saw the biggest increase in buyers searching for places to move to, up 72% year-on-year, according to new data out today from Rightmove.

The second highest annual increase in terms of place to live this year is Pitlochry in Scotland, where buyer searches have risen by 50% compared to 2019.

The top five places with the biggest annual increases in buyer searches are completed by Aylesford in Kent, Salcombe in Devon and Lightwater in Surrey.

The rest of the top 10 is also dominated by rural and coastal areas, which mirrors a wider national trend of home-movers looking to relocate to more remote destinations in 2020.

In terms of the nation’s rental hotspots, the top three places in Britain that have seen the biggest annual increases in rental searches are Cambridge, Stockport, Rye, up 34%, 31%, and 27% respectfully.

Rightmove’s review of the year found that seven of the top 10 areas that have seen the biggest rises in the number of sales being agreed over the past 12 months have populations under 10,000 – further highlighting the popularity of rural locations.

The top five local markets with the biggest year-on-year increases in sales agreed are: Welwyn, Hertfordshire (+75%), Woodbridge, Suffolk (+69%), Llanelli, Wales (+65%), Stockbridge, Hampshire (+60%), and Malmesbury, Wiltshire (+54%).

For prices, it is suburban areas in the North West near Liverpool and Manchester that saw the biggest growth this year.


The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.

Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

Leave a Reply