Recent research has indicated that Leeds is the best location to build new homes.
According to Argyll Property Partners, Leeds ranks above all other local authorities due to a combination of house price growth, value, property demand and planning success.
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On average, homes newly built in the city are worth 41% more than properties that already exist in the city, with value steadily growing by around 13% each year.
In comparison to England’s monthly average, property sales in Leeds are almost four times greater, with around 95% of major residential planning applications being approved.
Ranked at the bottom of the table was the South-East local authority of Surrey Heath.
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The analysis indicated that this was largely due to the high property values in the area, resulting in developers having to pay a higher price if they wish to secure a site.
Compared to existing properties in the area, new properties in Surrey Heath are worth around 23% less.