Land Registry figures in 2015 indicated that house prices in Brighton and Hove had increased by 11% in just one year. Office for National Statistics data shows that, since 1995, Brighton has seen higher house price rises than anywhere else in the country, including London. Popular with London commuters and named both the UK's "hippest city,” (The Guardian) and "the happiest place to live in the UK" (OPP), demand for property in Brighton is unlikely to dip any time soon.
Brighton is one of the UK’s most famous Georgian seaside towns, a renowned arts centre and a tourist hot spot, attracting 7.5 million day visitors in 2015/16, according to the local city council. The city is just under two hours drive from London and just under three from Bristol and Birmingham, and sits at the centre of a transport hub that connects it to cities, north and south. The train takes just an hour from Brighton into London Victoria, making the city a very popular location with London commuters looking to live outside the capital.
Most recent census figures put the local population of Brighton & Hove at around 280,000. The city benefits enormously from being close to Gatwick airport and to London but also has it’s own thriving local economy with the largest employer being American Express. Since the 1990s, Brighton has been nicknamed "Silicon Beach," as a result of the large number of new media businesses based here and the city has a large student population of around 33,000. Thanks to the University of Brighton, as well as the University of Sussex nearby, student properties here remain an attractive prospect for investors. In 2015, Brighton was one of three locations identified as the best places in the UK to buy, with house prices predicted to rocket 30% in the next five years, according to property website Rightmove.