A Bristol area has seen a near-doubling of asking prices in the past decade.
Horfield has been identified as a property hotspot by Rightmove, with asking prices rising 96 per cent to £385,000 in the past decade.
Bedminster is the other area to be featured in the top-10 for places to have seen the highest percentage growth in asking prices.
READ MORE: Bristol property market reveals city's most and least expensive streets
Property prices in the south Bristol neighbourhood have shot up by 88.5 per cent in the past decade, with the average asking price now being £354,336.
Across the South West, average asking prices have risen by 58 per cent, with the average asking price now standing at £359,201.
Across Britain, the average asking price for a home has risen by more than £100,000 over the past 10 years, up by 53 per cent to £341,019, according to the research from Rightmove.
Here are the top 10 places with the highest percentage growth in asking prices (outside London) according to Rightmove, with the average price now and the percentage increase between January 2012 and 2022:
1. Margate, Kent, South East, £294,209, 102.5%
2. Horfield, Bristol, South West, £385,003, 96.0%
3. Dover, Kent, South East, £254,100, 95.6%
4. Sheerness, Kent, South East, £271,570, 93.4%
5. Basildon, Essex, East of England, £328,696, 91.4%
6. Dartford, Kent, South East, £352,386, 91.2%
7. Broadstairs, Kent, South East, £462,323, 90.4%
8. Hastings, East Sussex, South East, £310,182, 89.7%
9. Walderslade, Kent, South East, £321,506, 88.9%
10. Bedminster, Bristol, South West, £354,336, 88.5%
Rightmove’s director of property data Tim Bannister said in some areas the rising cost of rent has left many people struggling to save enough for a deposit.
Mark Brooks, CEO of estate agent Miles & Barr in east Kent, said: “The South East has seen a great influx of those living in urban areas such as London, looking to relocate to the golden sand beaches and tranquil lifestyle of the coast or countryside.
“The shift to flexible and home working, added to a wide range of transport links back to London, has led to many fleeing the city.”
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