57: Hotspots for 2006 - Britain
01-28-2006
By popular demand, the PropertyInvesting.net team can report the 2006 Hotspots for Britain. The tabulation is based on research and analysis of 10 years of trends, plus forward forecasting based on socio-economic changes, infra-structure developments and demographics. One million people are due to swell London's population in the next 10 years - though we don't see 500,000 homes being built. The GDP growth of 3-4% with services sector private jobs growth and less reliance on public sector and manufacturing jobs than the north supports a forecast of robust capital value increases in the next 5-10 years in the London area. Immigration, inward investment, the Olympics and transport improvements will also benefit most of East London.
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| 2006 UK Hot Spots - PropertyInvesting.net | ||
| London | Reasons | Rating |
| Stratford - Plaistow | Olympics, new Eurostar station | 10 |
| Elephant & Castle | Proximity to City, West End, regeneration | 9 |
| Bow - Bow Church | Olympics, proximity to City, Stratford, regeneration | 9 |
| Hackney | Gentrification, Olympic effect, proximity to City & Stratford | 9 |
| London Bridge - Old Kent Rd | Proximity to City, stations, night-life | 9 |
| Peckham (Queens Rd) | East London tube station promised, distant Olympic effect | 8 |
| Limehouse | Midway Docklands and City - jobs | 8 |
| Canada Water | Regeneration of £1 billion, one stop to Canary Warf | 8 |
| Battersea | Gentrification, proximity to Chelsea | 8 |
| Forest Gate | East London Line extension opening late 2007 | 8 |
| Royal Docks, Silvertown | New DHL extension, city jobs, Olympic affect | 8 |
| Woolwich | DHL extension due by ca. 2010, cheap, re-generation | 8 |
| Kennington | Gentrification, proximity to Westminster | 8 |
| Clapham | Gentrification, proximity to City | 7 |
| Chelsea | Wealthy international investors, city bonuses | 7 |
| South East | ||
| Gravesend - Northfleet - Southfleet | New Eurostar station at Ebbsfleet | 9 |
| Folkestone | Eurostar commute to Kings Cross in 2009 | 8 |
| Ramsgate | Fast commute to Kings Cross in 2009, nice harbour | 8 |
| Ashford | Eurostar commute to Kings Cross in 2009 | 7 |
| Slough | Jobs at Heathrow, cheap, improving, hi-tech jobs | 7 |
| North, North West | ||
| Liverpool (L1, L3) | European City of Culture, Duke St re-generation | 8 |
| Skinningrove | Retiring wealthy baby-boomers from NE, regeneration | 8 |
| Bradford (BD1, BD3, BD5) | City regeneration, proximity to Leeds - ripple effect | 8 |
| Leeds (L11 Holbeck) | Regeneration, University Halls, proximity to finance district | 7 |
| South West | ||
| Portreath | Regeneration, airport, beaches | 8 |
| Newquay | Regeneration, resturants, airport | 7 |
| Plymouth | Coast, city, train to London, cheap, babyboomers, harbour | 7 |
| Wales | ||
| Newport | City centre start of regeneration, ripple affect from Cardiff | 7 |
| Scotland | ||
| Aberdeen, Stonehaven | Oil boom, catch up since mid 1980s | 8 |