BURNHAM-on-Sea has been named as one of the top property price growth hotspots of 2017 after house prices leapt by nearly 10 per cent.

The seaside town sits fourth in a list of towns and cities which has seen the biggest rise in prices over the last year.

According to the study by Rightmove, the average asking price for a property in Burnham is now £235,083 which is 9.9 per cent more than last year.

Sudbury, in Suffolk, Sowery Bridge, in West Yorkshire and Kendal, in Cumbria, are the only locations which has seen greater price growth. Rightmove said Bristol was the most searched-for place outside London this year for both buyers and renters.

Miles Shipside, director of Rightmove, said: “Although prices have grown at a muted rate of 1.2 per cent nationally this year, there are a number of local markets where strong demand and short supply has led to pretty heady price rises, especially in areas where homes are relatively more affordable than some of their nearby cities.”

Rightmove also quoted the views of estate agents in its report. Two places in West Yorkshire make the top 10 places with the biggest asking price rises in 2017 - Sowerby Bridge and Todmorden - and two in Northamptonshire - Rushden and Kettering.

Stephen Revell, branch manager at William H Brown Estate Agents in Sowerby Bridge, located near to trendy Hebden Bridge, said: “Buyers are certainly cottoning on to the fact that, in this location, you get a lot more property for your money.”

Meanwhile, Simon Thomas, owner of RE/MAX Estate Agents in Livingston, said: “Supply has been quite tight which has led to buyers finding themselves up against a lot of competition to secure the home they want, which has led to properties selling more quickly than before.”

London was excluded from all of the findings in Rightmove’s report.

n Here are the top 10 places in Britain for asking price growth according to Rightmove, with the average asking price and the annual percentage increase:

1. Sudbury, Suffolk £265,291, 13.1 per cent

2. Sowerby Bridge, West Yorkshire, £191,716, 12.5 per cent

3. Kendal, Cumbria, £226,163, 10 per cent

4. Burnham-On-Sea, Somerset, £235,083, 9.9 per cent

4. Todmorden, West Yorkshire, £193,408, 9.9 per cent

6. Havant, Hampshire, £254,379, 9.7 per cent

6. Rushden, Northamptonshire, £227,534, 9.7 per cent

6. Kettering, Northamptonshire, £198,354, 9.7 per cent

9. West Bromwich, West Midlands, £149,360, 9.5 per cent

10. March, Cambridgeshire, £210,157, 9.4 per cent

Here are the top 10 places where homes have been selling the quickest according to Rightmove, with the average number of days to sell and the average asking price:

1. Livingston, West Lothian, 23, £147,588

2. Edinburgh, 34, £242,223

=3. Corby, Northamptonshire, 35, £173,720

=3. Kettering, Northamptonshire, 35, £198,354

=3. Coventry, West Midlands, 35, £201,971

=6. Falkirk, Stirlingshire, 36, £127,553

=6. Glasgow, 36, £150,388

=6. Rugby, Warwickshire, 36, £223,799

=9. Aldershot, Hampshire, 37, £279,343

=9. Gillingham, Kent, 37, £272,995

And here are the top 10 buyer searches on Rightmove’s website in 2017 followed by the top 10 rental searches outside London:

1. Bristol, Bristol

2. York, Birmingham

3. Norwich, Leeds

4. Edinburgh, Manchester

5. Sheffield, Nottingham

6. Birmingham, Liverpool

7. Cambridge, Glasgow

8. Bournemouth, Cambridge

9. Manchester, Bournemouth

10. Nottingham, Sheffield