30 Sep 2024
20 Best and Worst Places to Sell a Property

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Quickmovenow.com

New figures released by Quick Move Now and Home.co.uk have revealed the best and worst places to sell a property in the UK, based on how long they spend on the market.

Glasgow tops the list, with properties in the city typically spending just 33 days on the market.

Best places to sell a property

Location

Typical time on market September 2024

Glasgow

33 days

Leith

37 days

Belfast

47 days

Edinburgh

51 days

Rainham

56.5 days

Basingstoke

61 days

Crawley

62 days

Brixton

63.5 days

Cambridge

65 days

Plymouth

65 days

Bristol

65 days

Harlow

65 days

Sale

66 days

Gloucester

67 days

Maidstone

67 days

Chingford

67 days

Horsham

67 days

Burnley

68 days

Northampton

68 days

Stockport

69 days

 

Worst places to sell a property

Location

Typical time on market September 2024

Mayfair

205 days

Soho

192 days

Marylebone

191 days

Charing Cross

177 days

Knightsbridge

176 days

Birkenhead

172 days

Strand

166 days

Bloomsbury

164 days

Regents Park

163 days

Belgravia

163 days

Westminster

159 days

Holborn

157 days

Vauxhall

156 days

Broadgate

156 days

St Lukes

152 days

West Ealing

152 days

Paddington

149 days

Shoreditch

149 days

South Kensington

146 days

Fenchurch Street

146 days

Danny Luke, Quick Move Now's managing director, says: “This data clearly shows a property market of two halves. Nationally, typical time on market has increased year-on-year from 84 days to 93 days. Yet, in 18 of the 20 best locations to sell a property, typical time on market has fallen.

“Several areas of Scotland are performing particularly well, with Glasgow, Leith and Edinburgh featuring in the top four places to sell a property. All three areas have also seen typical time on market fall compared to this time last year.

“London boroughs once again make up most of the worst places to sell list, with just Birkenhead outside the capital. However, it is worth noting that 12 of the London locations on the list now have lower typical time on market than they did a year ago.

Home data suggests there are currently nearly half a million unsold properties in England and Wales - the highest level since November 2014. This availability of stock is creating a downward pressure on pricing and longer time on market, but in the pockets where there is high demand, we are seeing both stronger pricing and quicker sales.

“In terms of the future, lower interest rates are instilling more confidence, but this market of two halves does leave things quite vulnerable to any further external forces. Pricing will be key to achieving a quick sale, especially as we move into the typically quieter autumn period.”

Best places to sell year-on-year comparison

Location

Typical time on market September 2024

Typical time on market September 2023

Year-on-year difference

Glasgow

33 days

36 days

-3 days

Leith

37 days

47 days

-10 days

Belfast

47 days

57 days

-10 days

Edinburgh

51 days

53 days

-2 days

Rainham

56.5 days

63 days

-6.5 days

Basingstoke

61 days

67.5 days

-6.5 days

Crawley

62 days

61 days

+1 day

Brixton

63.5 days

80 days

-16.5 days

Cambridge

65 days

66 days

-1 day

Plymouth

65 days

68 days

-3 days

Bristol

65 days

58 days

+7 days

Harlow

65 days

70 days

-5 days

Sale

66 days

67 days

-1 day

Gloucester

67 days

74 days

-7 days

Maidstone

67 days

75 days

-8 days

Chingford

67 days

80 days

-13 days

Horsham

67 days

80 days

-13 days

Burnley

68 days

86 days

-18 days

Northampton

68 days

75 days

-7 days

Stockport

69 days

74 days

-5 days

 

Worst places to sell year-on-year comparison

Location

Typical time on market September 2024

Typical time on market September 2023

Year-on-year difference

Mayfair

205 days

209.5 days

-4.5 days

Soho

192 days

210 days

-18 days

Marylebone

191 days

199 days

-8 days

Charing Cross

177 days

173 days

 +4 days

Knightsbridge

176 days

167 days

+9 days

Birkenhead

172 days

115 days

+57 days

Strand

166 days

167 days

-1 days

Bloomsbury

164 days

173 days

-9 days

Regents Park

163 days

194 days

-31 days

Belgravia

163 days

159 days

+4 days

Westminster

159 days

154 days

+ 5 days

Holborn

157 days

152 days

+ 5 days

Vauxhall

156 days

166.5 days

-10.5 days

Broadgate

156 days

170 days

-14 days

St Lukes

152 days

154 days

-2 days

West Ealing

152 days

63 days

+89 days

Paddington

149 days

148 days

+1 day

Shoreditch

149 days

163 days

-14 days

South Kensington

146 days

150.5 days

-4.5 days

Fenchurch Street

146 days

163.5 days

-17.5 days