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Huddersfield - Property Hotspot

24th April 2015

According to latest figures from online estate agents eMoov, Huddersfield is the UK’s second highest climber in terms of demand for houses.

eMoov has recorded a 56% rise in demand for property in Huddersfield (and surrounding areas) since last December (2014), beaten only by Sefton in Liverpool.

The Hotspot Index monitors the change in supply and demand for the most populated areas in the UK by comparing the total number of properties sold with those on sale.

A representative from the agency said: “Although outer London and the surrounding commuter areas have continued to enjoy a strong demand for property, it is in fact the north west that has seen the most marked improvement. The top 10 hotspots that have enjoyed the biggest turnaround in demand since December are, for the most part, located in the north west.”

In fact in the recent budget announcement, Chancellor George Osborne highlighted that the “northern powerhouse” had begun to outgrow the south.

Managing director of Holmfirth based property developer Eastwood Homes, Michael Eastwood, said: “From speaking with the estate agents that represent us, and from our own experience, we know that there has been an increase in the amount of people looking for property, which is obviously great for us and the industry.

New properties from Eastwood Homes in HolmfirthWe have just started building at our new site in Holmfirth and have already had two reservations, which is very encouraging. It’s also encouraging that the Government are trying to help first-time buyers - who seem to prefer new build - to get on the property ladder with their various schemes; Help to Buy, New Buy, Mortgage Guarantee etc.

For our part we are making sure our properties are priced realistically, so that potential buyers can maximise their budget.”

Find out more about our new development in Holmfirth, The Bridges, here.

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