Poulton in the top five nationally for number of house sales during 2015

Share this article
Have your say

Poulton was one of the 10 towns in England and Wales with the highest property rises last year according to a survey.

Salford and Pontefract were the biggest property hot spots of 2015, according to the report, compiled by Halifax.

These towns are where prices are relatively low

Craig McKinlay

It said the number of property sales taking place in Salford jumped by 23 per cent this year compared with 2014, while Pontefract in Yorkshire saw house sales up by 20 per cent.

But Poulton was the big sales hot spot on the Fylde coast with sales up by 17 per cent putting it fifth in the Halifax survey.

It said several towns in parts of northern England, the Midlands and Wales have seen house sale numbers head upwards this year, while southern England has seen many of the biggest falls in sales.

Westminster and Kensington and Chelsea in central London are among the places to have seen the biggest falls in sales this year.

An “acute shortage” of properties for buyers to choose from has constrained housing market activity, the report said. Halifax looked at the numbers of house sales recorded by the Land Registry across more than 550 postal towns and London boroughs.

Overall, the number of house sales across England and Wales fell by eight per cent compared with 2014, with 549,639 sales recorded between January and August.

There were also sharp variations across local housing markets.

For example, within the North West region, while sales have jumped by 23 per cent in Salford this year, they have fallen by 16 per cent in Clitheroe in Lancashire.

Craig McKinlay, mortgages director at Halifax, said: “While sales have declined in all regions, there is a clear North versus South pattern.

“Nonetheless, there remain substantial local variations in housing activity with a small number of towns recording significant increases.

“These towns are largely in the north and are where prices are relatively low.”