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News: London tops class of 2007

Thu, 27 Sep 07

The new academic year has brought a surge of interest in university towns and cities, with half of the top fifty towns and all of the top ten having university campuses....

This is also the first time that London has appeared anywhere within the top fifty of the towns league table, going straight to the top of the class.

The shortage of good quality student accommodation in many towns, coupled with the continuing attraction of buy-to-let property as an investment, has led to a significant increase in the number of enquiries from people looking to purchase property in areas close to universities all over the country.

Despite the highest property prices in the UK, London is still a clear winner in attracting prospective purchasers to buy into the city. But Aberdeen, Brighton & Eastbourne, York, Oxford, Falmouth, Newcastle upon Tyne, Bath and Winchester have all benefited from this new wave of interest in buying property.

Demand is reported both from professional investors, as well as parents with children going up to university and needing somewhere to live. In addition, students themselves are increasingly becoming landlords as a means of gaining additional income to help fund their time in college.

Moving Location Index (Towns) - August 2007

Rank

Town

County

Points

1

London

London

401

2

Aberdeen

Aberdeenshire

351

3

Brighton

Sussex

205

4

York

Yorkshire

177

5

Eastbourne

Sussex

135

6

Oxford

Oxfordshire

125

7

Falmouth

Cornwall

120

8

Newcastle upon Tyne

Tyne & Wear

115

9

Bath

Somerset

115

10

Winchester

Hampshire

113

11

Truro

Cornwall

112

12

Aberystwyth

Ceredigion

106

13

Lincoln

Lincolnshire

104

14

Lancaster

Lancashire

104

15

Plymouth

Devon

97

16

Perth

Perth & Kinross

95

17

Chester

Cheshire

94

18

Scarborough

Yorkshire

86

19

Weymouth

Dorset

83

20

Cheltenham

Somerset

82

21

Ormskirk

Lancashire

82

22

Newquay

Cornwall

81

23

Canterbury

Kent

80

24

Norwich

Norfolk

74

25

Uxbridge

Greater London

71

26

Skegness

Lincolnshire

65

27

Epsom

Surrey

64

28

Swansea

Swansea

63

29

Dumfries

Dumfries & Galloway

62

30

Kingston upon Thames

Greater London

61

31

Carlisle

Cumbria

56

32

Bournemouth

Dorset

55

33

Dundee

Angus

54

34

Barrow-in-Furness

Cumbria

54

35

Hereford

Herefordshire

52

36

Jersey

Channel Islands

51

37

Keynsham

Somerset

51

38

Cambridge

Cambridgeshire

50

39

Blackpool

Lancashire

50

40

St Austell

Cornwall

45

41

Bridlington

Yorkshire

44

42

Craigavon

County Armagh

44

43

Hull

Yorkshire

43

44

Arbroath

Angus

43

45

Harrow

Greater London

42

46

Cirencester

Gloucestershire

42

47

Haverfordwest

Pembrokeshire

42

48

Windermere

Cumbria

41

49

Lichfield

Staffordshire

41

50

Folkestone

Kent

40

The UK Property Shop Moving Location Index is based on data from a sample of people looking to buy a property and using the website to register their property search requirements with estate agents in each town. From this data a score is calculated according to the number who are considering either moving within the town where they live, or away from their home town and into another town. The Moving Location Index is not a measure of quality, simply an indication of the relative proportion of home buyers wishing to move into or out of a town, which is influenced by many factors.

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