Looking to invest in more property or wanting to move house somewhere in the North East this year?

A town in Tyne and Wear has been revealed as one of the best places to buy a home for 2024, according to The Sunday Times.

It comes as the publisher has revealed the UK’s top 25 property hotspots “that are improving the most”.

The Sunday Times explained: “How do you spot the next big thing? Whether you are a first-time buyer or an investor, wherever you are on the property ladder, everyone wants to back a bricks-and-mortar winner. But which towns, villages and city neighbourhoods will be the best places to live in the future?”

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It added: “They are all on a strong upward curve. It isn’t just large-scale regeneration schemes that can turn a place’s fortunes around. The list includes places with improved transport links and new shops and restaurants, as well as the impact that arts, culture and entrepreneurial energy can have.

“Yes, you may have to be patient to reap the full rewards as well as put up with building work and a lack of some amenities, but it could be worth it in the long run.”

You can see all the UK's top places to invest this year here.

Why is North Shields one of the best places to buy a house in 2024?

The Sunday Times said North Shields is the best place for “musos (and more) keen to live and breathe the lifestyle”.

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It added: “There’s no stopping the development of this town’s burgeoning cultural quarter, eight miles east of Newcastle.

“Once a Victorian pleasure resort, NS has undergone a musical makeover, winning investment from unlikely places: the DJ and producer Man Power, aka Geoff Kirkwood, recently opened a creative space on the quayside, while The Exchange 1856 theatre opened last year after a £1 million refurb with a performance by Sting.

“That’s not to forget the local authority’s masterplan with its transformation of pedestrian areas and cycle routes, and Harbour House, a co-working spot with big ambitions for the future.”