Londoners favour Brighton
Young Londoners are driving an increased demand for property in the seaside town of Brighton


Property in Brighton has risen by 16% in the past 12 months as migration from London to commuter towns continues to grow, according to one agency. * view properties for sale in Brighton A strong economy has helped to make the region a 'hotspot' for buyers from the capital, with 16% of Hamptons International's business in the Brighton area in the year-to-date coming from London based buyers. The town is particularly attractive to young professionals aged between 25 and 34 and projections suggest that the population will grow by nearly 8% over the next decade. George Dobson of Hamptons International said, "Brighton is not your typical seaside town. It remains active during the winter as it has a large student population and a growing influx of commuters from London, who have it as their permanent base - ensuring it is always vibrant." According to Technical Forecasts Ltd, flat prices in Brighton are forecast to grow by 53% over the next five years. This is well ahead of regional expectations (39%), as well as forecasts for England & Wales (41%). Land Registry data suggests that the price of flats in Brighton and Hove increased by 265% in the 10 years to 2006, or 13% per annum. This is above the national increase of 9.8% per annum over the same period. The average price in Brighton and Hove currently stands at £228,465, well ahead of the national average £182,914. Similarly, annual price growth currently stands at 15.5%, more than 6% ahead of the national average. However, the average price of a Brighton property is well below the average property price for London which stands at £349,838, making Brighton a much more affordable option for Londoners looking for a property close enough to London but with a change of scenery. Mr Dobson continues: 'Brighton is a trendy town and with young buyers from London keen to make the right move. It has its own 'hotspots' and sought-after areas. In particular, these tend to fall into two categories; those on the seafront with a sea view and 'The Lanes', due to all the exclusive boutiques and shops. Buyers from London tend to choose one or the other but those looking for a second home invariably opt for a sea view. Brighton is also a very popular destination for those Londoners looking for a weekend retreat.'
Sign up for the Country Life Newsletter
Exquisite houses, the beauty of Nature, and how to get the most from your life, straight to your inbox.
Country Life is unlike any other magazine: the only glossy weekly on the newsstand and the only magazine that has been guest-edited by HRH The King not once, but twice. It is a celebration of modern rural life and all its diverse joys and pleasures — that was first published in Queen Victoria's Diamond Jubilee year. Our eclectic mixture of witty and informative content — from the most up-to-date property news and commentary and a coveted glimpse inside some of the UK's best houses and gardens, to gardening, the arts and interior design, written by experts in their field — still cannot be found in print or online, anywhere else.
-
A well-connected rural playground with 23 acres on the edge of the South Downs National Park
Old House Farm is an impressive family home with a wealth of amenities that would inspire any rural passion.
By Arabella Youens Published
-
The UK gets its first ‘European stork village’ — and it's in West Sussex
Although the mortality rate among white storks can be up to 90%, the future looks rosy for breeding pairs in southern England.
By Rosie Paterson Published