Scottish town named as Britain's top property hotspot

Paisley has been identified as Britain's top property hotspot with asking prices in the town surging by 15 per cent over the past year.

Paisley has been identified as Britain's top property hotspot, study finds.

Rightmove said estate agents in Paisley, close to Glasgow, report that access to nature and green spaces may have contributed to the rising prices.

This factor is said to have become more important to some movers during the pandemic as people across the country have been forced to remain close to home.

Curtis Chisholm, director at Cochran Dickie estate agency, said: "The demand for Paisley can be attributed to the fact that you can get more for your money here than in Glasgow's

West End or South Side, especially with the ease of commuting coupled with quality homes in very desirable addresses."Paisley is a very historical town with fabulous culture."

The average asking price of a home in Paisley is currently £126,903, which is £16,183 more expensive than a year ago.

However, average asking prices in the town are £191,677 cheaper than the average across Britain, at £318,580. They are also £34,619 cheaper than the average across Scotland of £161,522.

Accompanying Paisley in the top three hotspots in the UK are Lancaster and Wigan in northern England.

London was excluded from the main research carried out by the property site.

The strongest asking price growth in London was in West Norwood, where asking prices increased by 12 per cent annually - a slower rate than in Paisley but matching the 12 per cent growth also recorded in Lancaster and Wigan.

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