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 28 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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