Winchester has been revealed as a property hotspot in new research by Savills.

Savills Research has looked at how house prices have performed in each local authority over the last 20 years to reveal which areas show potentially more capacity for growth.

Winchester is among a list of 31 hotspots, heavily dominated by markets in the commuter zone, which appear to be the strongest performing part of the market currently.

The district of East Hampshire is also on the list as well as Rushmoor and Basingstoke & Deane.

“By running our analysis at a local authority level across England and Wales, we were able to identify the areas which show potentially more capacity for price growth, over the short to medium term,” said Lucian Cook, Director of Savills Research. “Unsurprisingly, the list is heavily dominated by markets in the commuter zone, such as Winchester, which offers excellent transport links. This reflects the changing nature of the market, where we increasingly see buyers look further out of London to locations that offer more space and good transport links for their money.”

Recent Savills analysis showed that for every additional minute of journey time away from London, property values fell by £3,048, and the saving tends to outweigh the hike in travel costs.

Lindsay Johnn, from the residential team at Savills Winchester, said: “We have already seen an increase in the number of households making this trade off and moving out of the capital. Analysis of Savills buyers in the London commuter belt shows 30% of sales over the first quarter of 2016 were to those relocating from London compared to just 23% during the same period in 2015. We expect this trend to continue as the ripple effect continues to take hold.”