The Royal Institute of British Architects (RIBA) is an annual award the celebrates excellence in residential architecture in individual regions. Even featuring on the so-called ‘long-list’ of nominations is considered as a major honour for architects, although this requires considerable skill, vision and innovation.
In response to the second part of the question, we must appraise the performance of individual regions throughout the UK. In truth, we have one of the worlds’ most lucrative and prosperous regions in terms of global real estate, with London home to some of the most expensive and beautifully designed buildings known to man. It also serves as a beacon for international investors, meaning that there is always a huge amount of capital available to design and build lavish structures in England’s historic capital.
Outside of the capital, however, there are considerable and impressive rumblings in the property market which have also been recognised in the prestigious RIBA long-list for 2015. Liverpool’s Snook Architects have also been long-listed for the RIBA’s ‘Manser Medal’, for example, which is awarded to the best new house in the whole of the UK. The property in question is the highly unique and staggeringly well-designed ‘Westmorland’, which is based in the heart of city and has been based on Californian design and influences.
By all accounts, this property has an excellent chance of winning the coveted award in 2015, although it faces some stiff competition given the quality of architecture in the UK at present. Certainly the UK is a force to be reckoned with in the realms as the RIBA, and in some respects it may be considered as having one of the most advanced, lucrative and prosperous property markets in the world.
While the may not represent the everyday property market (after all, this would be the type of property that you dream of if you wanted to sell house fast), it offers an insight into the level of growth and market competition in the current sector. It also underlines how innovative and diverse designs are driving market growth, and creating an expanding sector that shows no sign of contracting.