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The Worst 20 Property Sales Towns in March 2010

Press release: 31 March 2010

Property Search Engine Home.co.uk reveals that towns and cities in the North of England dominate the slowest property markets. Painfully long average marketing times of up to a year show that these property markets are far from recovery.

According to the Time on Market survey results from the Home.co.uk Property Search Engine, which tracks around 600,000 properties for sale across the UK, the 20 worst towns for property sales are shown below.

Town / City Average Time on Market
(Days)
Total Properties for Sale Typical Property Price
(Median)
Crosby 365 941 £164,950
Hartlepool 364 1,195 £129,950
Royton 352 897 £134,950
Colwyn Bay 350 719 £169,950
Billingham 343 714 £125,000
Oldham 338 1,193 £110,000
Stockton on Tees 327 1,945 £126,995
Salford 325 1,317 £135,000
Wallasey 322 1,127 £127,500
Skegness 320 500 £145,000
Whitley Bay 318 920 £179,950
North Shields 316 1,627 £125,000
Birkenhead 316 2,601 £125,000
South Shields 315 2,729 £124,950
Blyth 315 590 £119,950
Bebington 312 563 £130,000
Wakefield 311 1,118 £154,950
Newtownards 310 640 £159,950
Liverpool 310 9,838 £134,950
Sunderland 308 2,368 £125,000

The UK's worst towns for selling property in March 2010 are dominated by the North of England. This clearly shows the poor state of the property markets in these areas when compared to the national average Time on Market of 227 days.

Note: Only towns with more than 500 properties for sale are included in the survey which analysed the mean time on market for unsold property.


Notes for Editors

Over the last 22 years, Home.co.uk has become established as a dynamic, innovative and ethical service. By providing the UK's most comprehensive Property Search and Estate Agents directory coupled with detailed House Price analysis, Home.co.uk delivers the real power of the Internet to inform and empower estate agents, homebuyers, renters, landlords and sellers in across the UK.

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