Portslade on the south coast of England and Balham in London are the most buoyant residential property markets in the UK, according to exclusive data produced for ‘Property Investor News™’ by the property search engine Home.co.uk. In Portslade it is taking approximately 80 days to sell a property and just over 85 days in Balham.

The latest quarterly assessment of sales trends in England, Scotland and Wales tracks some 700,000 properties for sale across the UK in 412 towns and cities. Only those locations 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.

Towns and cities in the North of England and Wales dominate the slowest property markets. The painfully long average marketing times in the latest quarterly survey have improved very little overall since March this year and the data indicates that these property markets are far from showing any significant recovery.

Llandudno in North Wales is the worst performing location where it is taking some 390 days to sell a property. Hartlepool in the North East is the second worst performer where it takes on average some 353 days to sell a property.

The full data is downloadable on the Property Investor News™ website here