Which City? Which Sector?
Real estate prospects over the next decade
June 5, 2023 38 Minute Read
Towns and cities evolve reflecting their local geographies, natural resources and cultural history. As a result, no two cities in the UK are the same and subsequently, different real estate sectors thrive in different locations. Real estate professionals need to be cognizant of these differences to help inform their strategies.
We have examined the prospects for a range of real estate sectors across the 50 largest regional towns and cities in the UK. To inform our findings, we analysed a range of forward looking economic and demographic factors that support growth across the different real estate sectors.
As well as the economic drivers, we also considered demographic trends and property market data, such as the supply pipeline, local universities, and housing affordability. We took data from a range of sources including Oxford Economics, The office for National Statistics, and Experian.
To arrive at our findings, we ranked and aggregated the datasets based on city performance. The overall rankings informed which city has the best prospects for each sector. From our analysis we were able to understand the prospects for the top growth cities, highlighting their top growth sectors, alongside the top 10 growth cities for each sector.
Of the 50 cities and towns analysed, we are presenting the high-level findings for 20 locations, which consistently ranked highly for each metric measured. For each city we have presented the top three sectors we consider to have the strongest growth prospects over the next decade. Click either a number on the map or the name of the city to see the overview.
In this section we provide the top growth cities by sector. You can navigate to the sector of your choice using the sidebar on the page. For each sector we have presented the top five cities we consider to have the strongest growth prospects over the next decade.