A SUSSEX town has been identified as one of the top house price hotspots in the UK.

Since the start of last year, nearly three-quarters (71 per cent) of areas across Britain have hit record asking prices, according to Rightmove.

In Crowborough, there has been an 18 per cent increase in average asking price.

The average house price in September 2021 was £501,537.

Toxteth in Liverpool has seen the biggest growth in house prices, with a 20 per cent increase in the average price tag for a home.

Accrington in Lancashire, Retford in Nottinghamshire and Heywood in Greater Manchester closely follow with a 19 per cent increase, Rightmove said.

Five of the top 10 hotspots are in the North West of England, a region where asking prices have risen by 8 per cent on average since September 2020.

Across Britain, the average asking price stands at a record £338,462, up by 5.8% compared with September 2020, Rightmove said.

Tim Bannister, Rightmove’s director of property data, said: “There’s been significant growth across so many areas of Great Britain over the past year, which is reflected in the new price hotspots, where six different regions appear in the top 10.

“The number of homes for sale is at a record low, and buyer demand remains high. This competition for properties is supporting price growth.”

Warren Matthews, an agent at James Kristian Estate Agents in Liverpool, said: “Due to the improvements in the area, places like Toxteth have grown in popularity, and we’re now seeing properties appeal to a wide range of buyers, from first-time, next time and investors.

“This has pushed demand up which has therefore significantly increased prices in the area, and we’re still seeing high levels of buyer interest as we approach the final months of the year.”

Here are average asking prices in September 2021 and the percentage increase for the top 10 hotspots, according to Rightmove:

1. Toxteth, Liverpool, Merseyside, £151,958, 20 per cent

=2. Accrington, Lancashire, £139,220, 19 per cent

=2. Retford, Nottinghamshire, £210,761, 19 per cent

=2. Heywood, Greater Manchester, £194,634, 19 per cent

=5. Brixham, Devon, £318,859, 18 per cent

=5. Crowborough, East Sussex, £501,537, 18 per cent

=5. Aberdare, Rhondda Cynon Taf, £165,322, 18 per cent

=8. Moortown, Leeds, West Yorkshire, £327,804, 17 per cent

=8. Penwortham, Preston, Lancashire, £251,478, 17 per cent

10. Great Sankey, Warrington, Cheshire, £270,621, 16 per cent

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