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Posted: 20.07.15

Housebuyer Survey Confirms Commuter Belt Proving More Popular Than Central London

Housebuyer Survey Confirms Commuter Belt Proving More Popular Than Central London

A survey by estate agent eMoov has highlighted the hotspots where housing demand is greatest within the UK.

While house purchases have increased by 9% in recent months, the survey suggests that this has been prompted by a shift out of London towards the commuter belt in the South-East.

With 60% of central London boroughs experiencing a fall in demand, the beneficiaries are outlying areas such as Bexley – where a whopping 75% of homes available during May and June found a buyer.

The top 10 is dominated by similar commuter belt towns, while UK demand is lowest in the North East.

“This shows the continued spread of Londoners out into the South East in search of better value for money and to escape the grossly inflated prices – people are prepared to travel for longer for a bigger house,” suggested eMoov founder Russell Quirk.