London's fastest and slowest moving housing markets revealed

070720 Aerial photo of houses at Bexleyheath, SE London
Aerial photo of houses in south east London Credit: PA

Walthamstow and Brockley are among England's fastest moving property markets after house sales were allowed to resume, according to a survey by Rightmove.

The property website looked at areas in England where at least 100 new listings were added to its website between May 13 and July 1.

The stamp duty threshold is still being doubled as planned.

At the other end of the spectrum, properties in parts of central London have been the slowest to shift.

In South Kensington and Paddington, where the average property price tag is £2 million and £1.2 million respectively, homes have been the slowest to shift since restrictions around property sales which were put in place due to coronavirus eased.

South Kensington is the slowest market, with 4% of new listings selling so far, followed by Paddington with 5%.

  • In London, 'micro markets' Walthamstow and Brockley made the top 10 fastest property markets list

  • But eight in 10 of the slowest markets were also in London

  • The majority of the slowest markets in London have average asking prices higher than the London average of £628,284

Here are the fastest-moving markets in England, according to Rightmove, with the percentage of newly listed properties that have found a buyer and the average asking price. Regions in London are listed in bold.

1. Willenhall, West Midlands, 55%, £171,506

2. Runcorn, Cheshire, 54%, £139,140

3. Walthamstow, East London, 49%, £492,755

=4. Wallsend, Tyne and Wear, 46%, £135,723

=4. Wallasey, Merseyside, 46%, £158,987

6. Widnes, Cheshire, 45%, £170,298

=7. Sutton-In-Ashfield, Nottinghamshire, 44%, £152,818

=7. Brockley, South East London, 44%, £557,337

=9. Oldham, Greater Manchester, 43%, £160,083

=9. Weymouth, Dorset, 43%, £264,840

Here are the slowest-moving markets in England, according to Rightmove, with the percentage of newly listed properties that have found a buyer and the average asking price. Regions in London are listed in bold.

1. South Kensington, London, 4%, £2,017,873

2. Paddington, London, 5%, £1,204,045

=3. Sunbury-On-Thames, Surrey, 6%, £498,088

=3. Notting Hill, London, 6%, £1,196,460

=5. Canary Wharf, London, 9%, £626,611

=5. Camden, London, 9%, £1,169,052

=5. Shoreditch, London, 9%, £608,645

=5. Hampstead, London, 9%, £1,506,313

9. Windsor, Berkshire, 10%, £569,027

10. Highgate, London, 11%, £1,222,306