Over the next five years, the area is forecast to see house prices rise by 29.4%<\/a> – which is the highest of any region of the UK – according to predictions from Savills.<\/p>\n Of the North West cities, a report from Colliers<\/a> earlier this year ranked Liverpool as a front runner ranked as the third best city for house price growth, property affordability, rental yields and income-to-rent ratios. Large volumes of spend are being pumped into the Liverpool area, including master schemes such as the \u00a35.5 billion Liverpool Waters<\/a> which was named as the ‘best place to invest 2024<\/a>‘ by The Sunday Times due to the turbocharged regeneration taking place there.<\/p>\n Activity is picking up on the other side of the River Mersey too. Brought forward by the same developers behind Liverpool Waters is another master scheme on the Left Bank of the River Mersey – Wirral Waters<\/a>. With around \u00a34.5 billion being spent, Wirral Waters will transform the docklands with brand new neighbourhoods, businesses and an influx of residents and working professionals.<\/p>\n The Wirral Waters Masterplan aims to create a mixed-use, high-density, highly sustainable project that will elevate and regenerate the area to the benefit of its existing community.<\/p>\n Liverpool Waters has already had a huge impact on the surrounding area and has positively boosted the existing property market and the potential of its future. In light of this, the Wirral Waters scheme is very likely to have the same effect on the surrounding area of Birkenhead.<\/p>\n Birkenhead is the largest town in the Wirral, sitting opposite Liverpool on the Left Bank of the River Mersey. Birkenhead is already a sought after location on the Wirral peninsular, having been labelled as a “dream home destination<\/a>” in a survey last year, while research also shows that the area had seen a 125% increase in property demand<\/a> between 2019 and 2022 thanks to new investment already taking place there.<\/p>\n The local authorities in Birkenhead have major plans to improve the town and have put forward a framework for 2024.<\/p>\n Birkenhead\u2019s Framework 2040 is set to transform the town with values such as connection, culture, sustainability, industry, health, inclusivity and waterfront-garden living at its forefront.<\/span> Projects include: \u00a324 million Birkenhead Commercial District; more than 21,000 homes and 6,000 jobs in an area of over 270 hectares in a sustainable urban garden community on the Mersey waterfront.<\/p>\n Other major investments taking place include a new \u00a314m Birkenhead Market, which will be spread across nearly 33,000 sq ft of space containing 13 retail units, 10 food retailers, an event space, bakery, cocktail bar, coffee shop and seating.<\/p>\nRiverside transformations<\/h3>\n
Birkenhead breakthrough<\/h3>\n
![\"Birkenhead](\"http:\/\/www.buyassociationgroup.com\/en-au\/wp-content\/uploads\/sites\/9\/2024\/12\/Birkenhead-Framework-map-1024x684.png\")