With London’s house prices on a go-slow, the place to go to meet a newly-minted property millionaire is Cambridge.In the past year the university city has entered the rollcall of new £1m property markets, along with Chichester and Winchelsea, both in West Sussex.
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00:00These are the UK's new £1 million property hotspots.
00:03The top-performing area in London the past year was East Dulwich,
00:08where the number of £1 million and above sales increased from 26% to 32%,
00:14populated mostly by families who have moved in for its good amenities and green space.
00:20While London homes remain the most expensive across the UK,
00:24its house prices are in fact not rising as fast as elsewhere in the country.
00:29Outside of London, the University City of Cambridge and West Sussex-located Chichester and Winchelsea
00:36are both viable options that give buyers an accessible retreat
00:40away from urban life without compromising convenience.
00:44Cambridge is a lively, cosmopolitan city with a great range of bars and shops
00:50and excellent schooling options.
00:52Trains to King's Cross start from 48 minutes.
00:56Chichester and Winchelsea allow buyers to live a waterfront dream
01:00which have also significantly bolstered both areas' property value.