Blog Post

Second home hotspots

Gill - Head Gillian Bell Dec 16, 2023, 14:00 PM

Cornwall has been ranked as the top hotspot in the UK for second homes, with 9,425 currently located there. Kensington and Chelsea came second with 5,355, and Westminster third with 4,390.

Kensington and Chelsea tops the charts for the highest total value of second homes at £6bn, followed by Westminster (£4.2bn) and Cornwall (£3.1bn).

Despite flats making up 42% of all second homes, detached houses hold the greatest market value, with £15.9bn.

Only 24% of second homes are used solely for that purpose, with the vast majority (69%) rented out. Second home ownership is a contentious subject in some areas, but supporters point out the contribution visitors make to these local economies. Source: #Dataloft, English Housing Survey, data for 2021–2022, GetAgent, ONS, UK HPI

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"Would highly recommend Peter Anthony when selling your property."

- Gwen

"Dewi kept us up to date & was very understanding of my Mum's situation. I would highly recommend selling with this company."

- Jane

"nothing written"

- Nadeeka Edirisinghalage

"Great experience with Peter Anthony! Yaseen Hassan was professional, responsive, and incredibly helpful"

- Samuel Benedict

"I would like to thank Abbey for all her help and support she offered"

- Marie

"Abbey was very nice and explanatory in all she was saying and Gill is quick to respond"

- Tope

"Friendly and helpful. No problems everything ran smoothly as expected and professionally."

- David

"I deeply appreciate Peter Anthony Estate, especially Abbey, who works here."

- Delar