There has been a continued price growth in Bristol throughout 2017 despite the predictions that Brexit and the General Election would slow this down.
This growth, despite slowing, is expected to carry on throughout 2018. There is a real shortage of property so this means demand is kept high so prices stay high. Over the last year there has been more Londoners coming to Bristol than anywhere else in the UK. Its easy to see why. London house prices have stalled and people see the time as right to leave the capital for a buzzing vibrant city with green spaces and that is commutable to London. The thought being if they can sell in London for a good price they can still afford to buy in places like Clifton in Bristol where prices are too high for many but affordable to those coming from London.
Areas outside Bristol have seen a long awaited resurgence as people search for more places where they can buy more house for their money and hopefully see some long term capital appreciation. The seaside town of Clevedon just outside Bristol has become increasingly popular and is reported to have experienced the highest growth in house prices in the UK. 11% in 2017. Another area to watch is Keynsham. It’s proximity to Bath and Bristol, having a local train station and lovely open spaces nearby and ever improving town centre means it is attracting many London families. Portishead due to it’s excellent motorway links and modern development is also a popular choice for those relocating.