GetAgent
Back
Close
  • Compare agents
  • Online valuation
  • Explore my area
  • Home toolkit
  • News & guides
  • Estate agents by area
  • Sold house prices by area
Estate agents by area
Search by Location or Name
  • Selling guides
  • Estate agent guides
  • Mortgage advice
  • Conveyancing guides
  • Property news
  • See All News & Guides
Sign in
Agent shortlist
HouseWorth
© GetAgent Limited 2024
  1. Blog
  2. Property stock currently on the market worth £117bn
Research & Insights
12 September 2022

Property stock currently on the market worth £117bn

Fatima Bukhari
Writer & Researcher

The latest data has revealed there is a staggering £117bn worth of property currently up for sale across Britain's property market.

To find out the total value of properties that are currently up for purchase, we analysed the available property stock listed for sale across every British postcode, as well as their asking prices.

Which area has the highest stock levels?

Waltham forest (E17) ranks the highest with 1,704 in stock currently listed on the market - other London postcodes are also included in the top ten.

The highest stock levels outside of London

The following regions across the country were found to contain the largest supply of property. These are Brighton (BN3) with 1,360 homes listed for sale, Chelmsford (CM1) with 1,065, along with LU7 in Bedfordshire (954), GU22 in Woking (944) and BN1 in Brighton (944).

Highest market value of sold stock

However, it’s the SW1 postcode in central London that ranks highest for total market value of current for sale stock, where the 475 homes listed for sale on the market total almost £1.1bn in value.

The SW1 postcode in central London ranks top for total market value for sale stock, with 475 homes listed for sale on the market, totalling at almost £1.1bn in value.

Sitting in second place is Wandsworth’s SW11 postcode, with its current for sale stock at a market value of £1.05bn. Other London areas in the top ten include Waltham Forest (£840m), Camden (£798.2m), Hammersmith and Fulham (788.1m), Croydon (£680m), Tower Hamlets (£599.9m) and Hackney (£933.9m).

Outside of London however, and leading the way in the top ten, is the GU22 postcode of Woking, where homes currently for sale demand a total value of £575.1m.

‘Almost 380,000 homes listed for sale, worth £117bn’ - GetAgent CEO Colby Short

“The housing market is yet to show any signs of running low on steam and it seems as though every week there are reports of property values reaching new record highs.

This house price performance is being driven by a sustained level of market activity from the nation’s homebuyers and this demand, coupled with a lack of stock, is the driving factor behind house price inflation.

So when you consider that there are almost 380,000 homes currently listed for sale across Britain, worth a huge £117bn in the current market, and this still isn’t enough, it really does put our appetite for homeownership into perspective.”

Data and methodology

LocationTotal ListingsAverage Listing PriceEst total value of listings
Great Britain378,474£308,698£116,833,977,615
OutcodeLocationTotal ListingsAverage Listing PriceEst total value of listings
SW1Westminster, Kensington and Chelsea475£2,307,985£1,096,292,875
SW11Wandsworth1,016£1,041,568£1,058,233,088
E17Waltham Forest1,704£492,975£840,029,400
NW3Camden527£1,514,659£798,225,293
SW6Hammersmith and Fulham725£1,087,081£788,133,725
BN3Brighton and Hove1,360£551,847£750,511,920
CR0Croydon1,682£404,337£680,094,834
E14Tower Hamlets1,163£515,808£599,884,704
N1Hackney619£933,849£578,052,531
GU22Woking944£609,182£575,067,808
OutcodeLocationTotal ListingsAverage Listing PriceEst total value of listings
E17Waltham Forest1,704£492,975£840,029,400
CR0Croydon1,682£404,337£680,094,834
BN3Brighton and Hove1,360£551,847£750,511,920
E14Tower Hamlets1,163£515,808£599,884,704
SW16Lambeth1,111£477,845£530,885,795
CM1Chelmsford1,065£451,128£480,451,320
SW11Wandsworth1,016£1,041,568£1,058,233,088
LU7Central Bedfordshire954£388,219£370,360,926
GU22Woking944£609,182£575,067,808
BN1Brighton and Hove944£519,563£490,467,472

How much
is your home worth?

It’s always worth knowing the value of your home. Discover the price of your property with an instant valuation. GetAgent tracks the figures, so you don’t have to.

How much
is your home worth?

It’s always worth knowing the value of your home. Discover the price of your property with an instant valuation. GetAgent tracks the figures, so you don’t have to.

Compare estate agents

It takes 2 minutes.

Related posts
The World’s Most In-Demand Second Home Hotspots
The World’s Most In-Demand Second Home Hotspots
Research & Insights
The World’s Most In-Demand Second Home Hotspots
Our new research reveals the holiday home hotspots around the world, perfect for those looking for inspiration on where to buy a second property.
Read more
GetAgent
The Estate Agent comparison site
GetAgent LinkedIn iconGetAgent Facebook iconGetAgent X icon

For agents

  • Login
  • How to join

Get in touch

020 3608 6556

Our lines are closed

We are a company registered in England & Wales, company number 09428979.

Privacy policyTerms of use

Copyright © 2024 GetAgent Limited