The Somerset town named a hotspot for home-sellers in Britain

Years of heated buyer demand created the strongest sellers’ market of the past decade across much of the UK.

And while demand has dipped since the heady days of 2021, one town in Somerset has been named among the top hotspots for sellers at the moment, according to new research from Rightmove.

More than eight out of every 10 homes for sale on Rightmove in the six most popular towns are already sold subject to contract.

Yeovil[3] in South Somerset has come in fifth on the list, with Grays in Essex, and Mangotsfield near Bristol taking the first and second places.

Each of the top seller hotspots have key factors in common: good commuter links to a major city, well-priced houses, good schools, and plenty of open space.

Rightmove noted that Yeovil is a market town close to beautiful countryside at the gateway to the West Country.

Get the best stories delivered to your inbox every day. Click here[4].

It’s 20 miles from the West Dorset Heritage Coast, and an hour and a quarter by train to Paddington, or an hour and a half to Bristol.

There’s a good choice of period or new houses, and mostly high-performing schools.

Buyers moving out of big cities are said to find it “refreshingly walkable”.

In Yeovil, the average asking price is £238,074, with an annual price drop of one per cent.

The top six spots for home-sellers, according to Rightmove

1. Grays, Essex

2. Mangotsfield, Bristol

3. Eastleigh, Hampshire

4. Redditch, Worcestershire

5. Yeovil, Somerset

6. Hythe, Kent

References

  1. ^ Locals fight to save popular Yeovil pub from closure (www.somersetlive.co.uk)
  2. ^ Magical Christmas ice rink opens at Somerset shopping village (www.somersetlive.co.uk)
  3. ^ Yeovil (www.somersetlive.co.uk)
  4. ^ here (www.somersetlive.co.uk)

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