Top 20 UK property hotspots

23 May 2011

Recent figures* have revealed the top 20 locations in the UK for buying and selling property. Looking particularly at the time spent by houses on the market the results, which reviewed over 800,000 properties, found that the top 20 best property locations are:

Location Days on market (average) Total houses for sale Typical house price (median, £)
Farnborough 87 589 209,950
Bracknell 99 959 249,950
Haywards Heath 100 516 247,450
Cambridge 100 563 270,000
Basingstoke 100 782 223,725
Chingford 101 1,456 284,995
Surbiton 103 670 299,950
Balham 104 937 435,000
Horsham 106 509 275,000
Portslade by Sea 107 1,060 250,000
Bath 109 898 278,500
Aldershot 110 580 209,950
Woking 111 1,073 279,950
East Dulwich 111 804 320,000
Herne Hill 112 596 285,000
Merton 112 694 329,975
Guildford 112 827 319,950
Royal Tunbridge Wells 112 678 249,995
Tooting 113 3,215 324,950
Reading 113 2,198 224,950

The national average time on market for unsold property currently sits at around 205 days, meaning that all of these 20 hotspots sell property twice as quickly than the national average.

Only towns with more than 500 properties for sale were included in the survey, which looked at the average time on market for unsold property in the local estate agent's portfolios.

 

 

* Compiled by Home.co.uk

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