| 14.3°C Belfast

Milton Keynes tops new-build property hotspot list

At the other end of the sale, Sandness in Shetland was found to have the smallest number of sales accounted for by new-builds.

Close

New investment is helping boost the number of new-builds in Milton Keynes (Ben Birchall/PA)

New investment is helping boost the number of new-builds in Milton Keynes (Ben Birchall/PA)

New investment is helping boost the number of new-builds in Milton Keynes (Ben Birchall/PA)

Milton Keynes has been identified as Britain’s top new-build property hotspot outside London.

Research from website Zoopla and property analysts Hometrack found Milton Keynes has the highest concentrations of new-build homes.

Crewe, Ilford, Salisbury, Middlesbrough and Northampton are also on the top 10 new-build hotspots list.

The findings were made by looking at new private housing starts in the previous 12 months as a percentage of all housing sales over the same period.

Close

Milton Keynes celebrates its 50th anniversary this year (Yui Mok/PA)

Milton Keynes celebrates its 50th anniversary this year (Yui Mok/PA)

Milton Keynes celebrates its 50th anniversary this year (Yui Mok/PA)

Zoopla spokesman Lawrence Hall said: “Clearly, areas such as Milton Keynes and Crewe are benefiting from new investment by developers.”

The research found house prices in Milton Keynes have increased by 30.9% over the last five years, compared with the national average growth rate of 23.6%.

Mr Hall said: “New homes are typically developed in areas of high demand, which has already contributed to a rise in property values.”

Close

Experts say new homes are usually developed in areas where there is the highest demand (Martin Keene/PA)

Experts say new homes are usually developed in areas where there is the highest demand (Martin Keene/PA)

Experts say new homes are usually developed in areas where there is the highest demand (Martin Keene/PA)

At the other end of the spectrum, the research found the Shetland location of Sandness was found to have the smallest concentrations of property sales accounted for by newly-built properties.

Here are Britain’s top 10 new-build hotspots outside London, according to the research from Zoopla and Hometrack:

1. Milton Keynes

2. Crewe

3. Ilford

4. Salisbury

5. Gravesend

6. Telford

7. Oxford

8. Middlesbrough

9. Shrewsbury

10. Northampton

PA