Bristol has long been a popular place to live, thanks to its vibrant culture, fantastic amenities, rich history and proximity to London. But recent research by property website Rightmove has shown that certain areas of the city are are particularly in demand right now. Out of the whole country, six of the top ten areas (not in London) where property prices have increased the most in the last decade are in Bristol. So where are they? Read on to find out!
Right in the heart of the city, bordering the river, Redcliffe is a property hotspot because of how close it is to the centre and all the activities on offer there. Redcliff Quarter is also currently being developed, and when it’s finished it will consist of restaurants, coworking spaces and a hotel. Property prices here have risen by 82% in the last 10 years.
Eastville is an area in the east of Bristol that has become increasingly popular in the last decade, with a rise in property prices of 86%. The area borders the M32, providing quick access both to the centre of town and out of Bristol, and it is home to the expansive Eastville Park. Properties here are close to all sorts of interesting amenities, including restaurants, cafes and even an indoor climbing wall!
4. Arnos Vale
Arnos Vale is next to Totterdown, a little further out from the centre, but still well-connected along Bath Road. Arno’s Court Park and Arnos Vale Cemetery – a graveyard and nature reserve – make up the green space here, and the Paintworks is a creative hub of studios, galleries, cafes and event spaces. Many of the properties are terraced family homes, and they now cost 86% more than they did in 2010.
Totterdown has seen a similar level of property price growth to Redcliffe – houses here have become 88% more expensive since 2010. The area is south of the river, but still just a short walk from the centre of town, and it is placed squarely between two of Bristol’s prettiest green spaces: Victoria Park and Arno’s Court Park. Totterdown also boasts the rows of colourful houses that are so iconic to the Bristol skyline.
Whitehall is an area of northeast Bristol, close to Easton, Eastville and St George. Many of the properties there are Victorian and Edwardian terraced houses and some even overlook the popular local beauty spot, St George Park. According to Rightmove, property prices in Whitehall have risen 102% since 2010.
The biggest surge in property prices in the last decade has taken place in Easton – properties here are now worth an astonishing 120% more than they were in 2010, which is a greater increase than anywhere else in the country. This area of East Bristol provides easy access to the centre, and last year it was voted one of the ‘top 50 coolest neighbourhoods‘ in the world for its rich culture and community spirit.
Do you own a property in Bristol that you would like to rent out? Contact Gough Quarters today and we will happily guide you through the process.
Cover photo by Mikey Harris on Unsplash