- Manchester and Leeds are expected to be among the LAs which will experience the strongest rates of household growth over the next ten years
- In the Midlands, Warwick scores highly on “liveability”, and also has strong employment growth forecasts, while robust household growth is projected in Leicester
- Brentwood is one of the hotspots with the strongest forecasts for future employment increases, as well as showing one of the largest imbalances between pipeline supply and household growth over the next five years
- South Cambridgeshire also has a particularly strong forecast for employment growth and has been rated highest in an independent survey of rural locations across the UK
- Bristol and Bath & North East Somerset LAs have a local plan and a five-year housing supply, and the determination to step up development
- Guildford and Reigate & Banstead are well positioned to take advantage of the housing need in the capital and have been singled out as a result
Justin Gaze, Joint Head of Residential Development at Knight Frank, comments:
“This report highlights some very exciting opportunities across the country where we see the potential for local outperformance coupled with strong absorption rates.
“Increasingly, our clients are looking at regional cities and districts for future potential and the report demonstrates from an economic and planning perspective where these development opportunities are likely to be.
“The 18 local authorities we have identified provide the strongest fundamentals to help address the clear and well documented supply shortage in England.”