The South-East's next property hotspots

Is it time to move out of London?

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Savills has identified more than 30 locations around the country where it says house prices are likely to rise by more than 20% over the next five years.

In research, published in the Daily Telegraph, the estate agency says that thanks to rocketing house prices in London, the price gap between the capital and the rest of the south east is bigger than ever.

Bbuyers are increasingly cashing in on this gap, and moving further afield, encouraged by the larger homes and gardens they can get for their money.

According to Savills, Hampshire is one of the hottest places to buy right now, with four areas of the county appearing in the top ten.

"The local economy has become increasing buoyant with many businesses performing well," says chartered surveyors Daniells Harrison.

"Our proximity to London means we have a high commuter population and the combination of these factors on top of limited new house building has meant we've seen property prices being pushed up well above the national average."

According to Savills, Londoners are more prepared to move out than they have been for years. Prices in the capital have levelled off, and homeowners are now much less concerned that they'll miss out on future rises than before.

"The stamp duty costs of upsizing in the capital and limits on what can be borrowed are acting as catalysts for a greater flow of wealth into the prime regional housing markets," says the firm.

"The relative value offered by prime housing in the commuter zone compared to London, and property beyond the commuter zone compared to that within it, is likely to underpin a more sustained ripple effect as sentiment improves."

The next property hotspots (source: Savills)

1. Hart, Hampshire
Average house price: £410,076, house price growth 2005-15: 46%

2. Bromley, Greater London
Average house price: £443,767, house price growth 2005-15: 63%

3. East Hampshire
Average house price: £368,332, house price growth 2005-15: 32%

4. Winchester, Hampshire
Average house price: £434,616, house price growth 2005-15: 41%

5. Tunbridge Wells, Kent
Average house price: £404,464, house price growth 2005-15: 39%

6. Basingstoke and Deane, Hampshire
Average house price: £292,678, house price growth 2005-15: 31%

7. Horsham, West Sussex
Average house price: £375,412, house price growth 2005-15: 35%

8. Wycombe, Buckinghamshire
Average house price: £398,629, house price growth 2005-15: 36%

9. Three Rivers, Hertfordshire
Average house price: £504,672, house price growth 2005-15: 51%

10. Surrey Heath, Surrey
Average house price: £406,069, house price growth 2005-15: 40%

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