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Surprising new property hotspots revealed

A surge in sales creates new property hotspots Photo: Rui Vieira/PA Wire/Press Association Images

Margate is among the country's new property hotspots after a surge in sales, according to a new report.

Wallingford, Didcot, Alton and Romsey also showed sales higher in 2014 than in 2007.

The research was carried out by the LLoyds Bank based on Land Registry data covering England and Wales.

The research compared the number of property sales in the first 10 months of last year with those in the first 10 months of 2013.

Around 760,000 sales took place across the country between January and October, marking a 21% increase on the same period in 2013.

The number of property sales taking place in a handful of towns last year even managed to surpass the number which took place in these places in 2007, at the height of the housing boom.

The biggest year-on-year upturn was in Daventry in the East Midlands.

Amersham in Buckinghamshire was found to be the town with the biggest fall in sales last year with an 11% decline.

Margate is one of the country's new property hotspots Credit: Gareth Fuller/PA Archive/Press Association Images