The worst-hit areas of the property market freeze so far

April 21, 2020

Last week GetAgent.co.uk released its interactive real-time dashboard of how the market is performing under the pressure of a pandemic and the lockdown, both nationally and at postcode level.

The estate agent comparison site has now released data looking into which areas of the UK have been hit the worst, based on the reduction of property stock hitting the market as online listings when comparing pre and post lockdown listing figures.

GetAgent.co.uk found that the worst-hit area has been Woking, where there were some 337 total property listings posted in just over a month prior to lockdown. In the short time since, this has fallen to a total of just 18 new listings, a reduction of -95%.

East Renfrewshire, East Dunbartonshire, Three Rivers (-94%) and Ely (-93%) are also amongst the areas to see the largest decline in property stock hitting the market.

Hillingdon and Bromley have been the worst hit London boroughs with a drop of -91%.

Not everywhere has been hit as hard though.

West Lancashire (-26%), Greenwich (-29%), Blaenau Gwent (-31%), Guildford (-45%), Monmouthshire and Liverpool (-47%) have seen less than a 50% reduction while the level of stock still hitting the market also remains fairly robust.

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

Propertymark backs move to commonhold

Propertymark has welcomed proposals from the Ministry of Housing, Communities and Local Government to phase out the sale of new leasehold flats in England and Wales, while warning that the transition to commonhold must be carefully managed to avoid market disruption and consumer confusion. Responding to the UK Government’s consultation on “Moving to commonhold: banning…
Read More →
Letting Agent Talk

Phasing out leasehold flats is the right thing to do

Propertymark has welcomed UK Government proposals to ban the sale of new leasehold flats and replace them with a commonhold system designed to give homeowners greater control over their properties. Responding to a consultation launched by the Ministry of Housing, Communities and Local Government, Propertymark said the reforms could help tackle many of the long-standing…
Read More →
Letting Agent Talk

Deposit Disputes Are Rising – Are Baths to Blame?

Interior Designers Say Acrylic Baths Are the Hidden Culprit in Family Rentals Deposit disputes over bathroom damage are rising, and acrylic bath surfaces are the overlooked culprit. Acrylic baths are often marketed as lasting 10 to 15 years or more, yet designers say many start to look tired in busy family homes within just a…
Read More →
Breaking News

Inheritance tax haul grows as more families are dragged into the tax net

Inheritance tax receipts got off to a slightly slower start in the first month of the 2026/27 tax year, but the figures still underline how rapidly the tax burden on estates continues to grow. HM Revenue & Customs (HMRC) collected £0.7 billion in inheritance tax in April, £65 million less than during the same month…
Read More →
Breaking News

The 10 biggest homebuyer turn-offs

From overgrown gardens to nightmare neighbours, homeowners across Britain could be knocking tens of thousands of pounds off the value of their property before a buyer even makes an offer.   New insight from House Buyer Bureau reveals the most common homebuyer turn-offs that could be thwarting your chances of making a sale, and the…
Read More →
Home and Living

5 trends driving London’s landscaped gardens

London gardens can add more than £205,000 in value as Chelsea tops table for prime buyers seeking outdoor space Ahead of this year’s Chelsea Flower Show, research by Enness Global has revealed that a garden can add more than £205,000 to the value of a London home, whilst Chelsea fittingly boasts the highest degree of…
Read More →