Toxteth tops Rightmove's property hotspot list

Top ten lists tend to vary according to who's compiling them, but they do point towards useful trends. This one confirms a clear one - the North West continues to be the region offering property investors the strongest capital gains.

People of my vintage will remember the name Toxteth for much less fortunate reasons. It is a testament to Liverpool's regeneration that it now finds itself leading Rightmove's top ten property hotspot list.

The district has seen price rises of 20% over the past year, narrowly ahead of Accrington in Lancashire, Retford in Nottingham and Heywood in Greater Manchester, all of which saw increases of 19%.

Five of the top ten are in the North West, making the region Rightmove's highest performer at an average increase of 8%. That translates to a return on investment of over 20% for an investor using a two thirds mortgage.

Since the start of the year, three quarters of Britain's regions have hit record prices, with seven of them seeing increases in asking prices of 6% or more.

There’s been significant growth across so many areas of Great Britain over the past year, which is reflected in the new price hotspots, where six different regions appear in the top ten. The number of homes available is at a record low, and buyer demand remains high. This competition for properties is supporting price growth.

​Tim Bannister, Director of Property Data, Rightmove

	Average Price ​September 2021	% Change Y-o-Y
Toxteth, Liverpool	£151,958	+20%
Accringhton, Lancashire	£139,220	+19%
Retford, Nottinghamshire	£210,761	+19%
Heywood, Greater Manchester	£194,634	+19%
Brixham, Devon	£318,859	+18%
Crowborough, East Sussex	£501,537	+18%
Aberdale, Rhondda	£165,322	+18%
Moortown, Leeds	£327,804	+17%
Penwortham, Preston	£251,478	+17%
Great Sankey, Cheshire	£270,621	+16%