Washington in Tyne and Wear tops the latest Property Market Forecast from Property Forecaster, part of One & Only Pro. Hartlepool, Sunderland and Newcastle also feature in the top 10 - ranked fourth, fifth and tenth respectively.   

Last year’s leader Bootle drops to second place on the list and locations from the Midlands and East of England have been pushed into the top 10 - Newcastle-under-Lyme in Staffordshire sits in seventh place and Grimsby in Lincolnshire places ninth. 

The forecast ranks the top buy-to-let locations using Property Forecaster’s algorithm.  Investment properties across England and Wales are given a score from one to ten, with properties rated ‘ten’ being the most likely to increase in value and dubbed ‘Diamonds’ by the firm. Those locations with the greatest concentration of Diamond properties make up the top ten in the monthly forecast.  

Akhtar Hussain at Property Forecaster commented: “The North East has seen rental demand go from strength to strength. Our data now clearly shows a number of locations in the North East are demonstrating strong promise, both in terms of future gains and the highest yields.”