Stockport takes 3rd spot in Hot Housing Index 2016

Stockport has taken 3rd spot in the Hot Housing Index 2016 * of the UK’s top places to live according to location specialist CACI.

CACI ranks the country’s hottest housing locations and asks: “which UK town or city rules the roost as the best place to live in 2016?

Property Week asked location specialist CACI to draw up a list of the most desirable locations based on value for money – drawn from both prices and average incomes – and the overall quality of life in an area.

Now in its second year, Property Week’s Hot Housing Index 206 assesses local employment levels, amenities, schools and connectivity to the internet. This year, they also assessed accessibility to public transport for the first time.

Ranking in order, Stockport beat the popular Yorkshire spa town of Harrogate into 3rd place behind Chester (2nd) and the top spot winner of Crewe.

Top 10 UK housing hot spots

The research reveals that the average property price across the whole of the UK is more than six times the average household income. This varies considerably by region, with the average property price in Kensington & Chelsea approximately 50 times the average household income in the borough. By contrast, house prices in Merthyr Tydfil are about three times the average salary.

Source: *Property week

Photo credit: https://www.flickr.com/photos/10413717@N08/9270397919