Where is the property market winning 100 days into lockdown?
The latest research from leading estate agent comparison site, GetAgent.co.uk, shows that the number of listings added per week continued to exceed pre-pandemic levels, as does the average views each listing receives while property related searches and home seller leads have also continued to climb.
With the 100 day mark since we entered lockdown approaching (1st July, GetAgent.co.uk has also analysed which pockets of the UK property market have weathered the storm the most based on the available level of property stock listed and the level of new homes entering the market since the industry reopened for business.
Overall
Throughout the whole of lockdown, Liverpool has been the UK’s most Teflon covered property pocket. The city saw a total of 5,101 properties listed during 100 days in lockdown, the highest of all areas of the UK.
Birmingham (4,081), Leeds (3,830), Cornwall (3,673) and Leicester (3,180) have also seen some of the highest levels of property stock despite being in lockdown for 100 days.
Biggest returns to form
Since the property industry reopened in May, stock levels have increased by an average of 217% across the UK.
Halton has been home to the most substantial increase of all, up 833% since the property market reopened. Tandridge (684%), Waveney (673%), Adur (642%), Wellingborough (626%), Woking (620%), Broxbourne (613%), North West Leicestershire (611%), Eastbourne (555%) and Bromley (516%) also make the top 10 for the largest market rebounds.
In London, Bexley (404%), Sutton (387%), Richmond (377%) and Merton (354%) join Bromley as the boroughs to have seen the most significant market revival.
Table shows the top 10 areas for total number of listings throughout lockdown (March 23rd to June 30th)
|
|
Location
|
Total Listings
|
Liverpool
|
5101
|
Birmingham
|
4081
|
Leeds
|
3830
|
Cornwall
|
3673
|
Leicester
|
3180
|
Exeter
|
2914
|
Durham
|
2654
|
Manchester
|
2483
|
Bristol
|
2473
|
Salford
|
2401
|
Table shows the top 10 areas for the biggest increase in listings post property industry lockdown (May 13th to June 30th)
|
|
Location
|
Increase (%)
|
Halton
|
833%
|
Tandridge
|
684%
|
Waveney
|
673%
|
Adur
|
642%
|
Wellingborough
|
626%
|
Woking
|
620%
|
Broxbourne
|
613%
|
North West Leicestershire
|
611%
|
Eastbourne
|
555%
|
Table shows the increase in listings post property industry lockdown across each London borough (May 13th to June 30th)
|
|
Location
|
Increase (%)
|
Bromley
|
516%
|
Bexley
|
404%
|
Sutton
|
387%
|
Richmond upon Thames
|
377%
|
Merton
|
354%
|
Hillingdon
|
342%
|
Redbridge
|
339%
|
Harrow
|
317%
|
Enfield
|
285%
|
Havering
|
254%
|
Wandsworth
|
252%
|
Haringey
|
242%
|
Kingston upon Thames
|
236%
|
Islington
|
231%
|
Ealing
|
213%
|
Brent
|
205%
|
Lambeth
|
201%
|
Barking and Dagenham
|
191%
|
Barnet
|
189%
|
Camden
|
186%
|
Lewisham
|
172%
|
Croydon
|
166%
|
Hammersmith and Fulham
|
161%
|
Kensington and Chelsea
|
158%
|
Hounslow
|
152%
|
Hackney
|
140%
|
Southwark
|
97%
|
Newham
|
92%
|
Waltham Forest
|
76%
|
Westminster
|
74%
|
Tower Hamlets
|
58%
|
Greenwich
|
50%
|
City of London
|
40%
|