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Home.co.uk

Top 20 Property Sales Hotspots in May 2011

Press release: 18 May 2011

Property Search Engine Home.co.uk reveals the hottest 20 locations in the UK for buying and selling property this month.

According to the Time on Market survey results from the Home.co.uk Property Search Engine, which finds and tracks over 800,000 properties for sale across the UK, the 20 best locations for property sales are shown below.

Town / City Average Time on Market
(Days)
Total Homes for Sale Typical Property 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 1456 284,995
Surbiton 103 670 299,950
Balham 104 937 435,000
Horsham 106 509 275,000
Portslade by Sea 107 1060 250,000
Bath 109 898 278,500
Aldershot 110 580 209,950
Woking 111 1073 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 3215 324,950
Reading 113 2198 224,950

These towns show superior strength and vivacity in their property markets when compared to the national average time on market for unsold property of 205 days. The UK's top twenty property sales hotspots for May 2011 show a significant change in the market since our June 2010 analysis, with prosperous towns across the South East overtaking London boroughs. Farnborough now tops the list where buyers are competing for a limited supply of properties.

NB: Only towns with more than 500 properties for sale were included in the survey, which analysed the mean time on market for unsold property in estate agents' property portfolios.


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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