Technology hubs in the UK are having a positive effect on the housing market, with house prices in cities such as Reading, Cambridge and Oxford rising steeply since 2012, according to digital estate agents HouseSimple. The research looked at 30 cities, including London, and found there was a 43% rise in house prices in Oxford and Cambridge, with a near 54% rise in Reading, compared with an average increase of up to 8.9% across the UK since 2102. In newer high-tech hubs such as Ipswich, Exeter and Manchester, there has been a rise of 31% in house prices over the past 12 months.
Technology hubs in the UK are having a positive effect on the housing market, with house prices in cities such as Reading, Cambridge and Oxford rising steeply since 2012, according to digital estate agents HouseSimple. The research looked at 30 cities, including London, and found there was a 43% rise in house prices in Oxford and Cambridge, with a near 54% rise in Reading, compared with an average increase of 31% across the UK since 2102. In newer high-tech hubs such as Ipswich, Exeter and Manchester, there has been a rise of up to 8.9% in house prices over the past 12 months.