Suffolk town named as 2017 Property Hotspot

Posted: December 22, 2017

Sudbury, Suffolk

Sudbury has been named a property hotspot of 2017 by the property portal Rightmove.

Displaying the highest annual asking price growth in the whole country, Sudbury is proving popular for homebuyers. With an average asking price of £265,291 – 13.1% higher than this time last year – Sudbury’s stock is definitely booming.

2017's Top 10 highest asking price growth areas

2017’s Top 10 highest asking price growth areas [source: Rightmove]

Sudbury’s appeal is being attributed to its vibrant town centre, rail links and proximity to Stansted Airport. With good access to the cities of Cambridge and London, Sudbury represents the idyllic market town set in the picturesque countryside that is desirable for buyers looking to escape the city.

Miles Shipside, director of Rightmove, said: “Although prices have grown at a muted rate of 1.2% nationally this year, there are a number of local markets where strong demand and short supply has led to pretty heady price rises, especially in areas where homes are relatively more affordable than some of their nearby cities.”

With a number of homes for sale in the property area, David Burr are your agent of choice if you’re looking to move to the town. To view properties in Suffolk, Cambridgeshire and Essex, pop into your local branch or view our online search.