These are england’s best places to be a homebuyer

The latest research by Birmingham estate and lettings agent, Barrows and Forrester, shows where England’s most promising homebuyer markets are, based on the property market balance between sales and rentals. 

Across England, there are currently some 614,546 properties listed on the housing market, 82% of which are for sale with the remaining 18% for rent. For budding homebuyers looking to find parts of the country where sale properties are most plentiful, there are a number of standout English locations to consider. 

On the Isle of Wight, for sale properties make up 96% of the homes currently on the market, leaving just 4% for the rental market, and it's a similar story in Cornwall where for sale homes account for 95% of today’s market leaving 5% for rental.

In Northumberland, 94% of homes on the market are for sale; 93% of the market in Cumbria and Herefordshire is currently made up of sale properties, while 91% of the market in Wiltshire, West Sussex, and Gloucestershire is homes for sale rather than let. 

Finally, Rutland, Shropshire, Norfolk, and Northamptonshire respectively all have markets made up of 90% homes for sale. 

At the other end of the scale, the City of London has the lowest percentage of sale homes on the market, accounting for just 61% while rental homes account for 39% of everything currently available.  

It’s a similar story in Durham where homes for sale account for just 64% of the market, and Tyne and Wear where they account for 69%.

Managing Director of Barrows and Forrester, James Forrester, commented:

“The housing market in England is experiencing a period of unprecedented demand and in many areas of the market competition for available stock is fierce. As a result, some buyers are struggling to even make it to a viewing before homes are going under offer and so speed is certainly of the essence, that and being in a proceedable position to submit an offer right away. 

The good news is that the property sales market does account for the majority of market activity across the nation and so the current landscape certainly favours homebuyers over those looking to rent. 

However, some areas pose a better chance of securing a property than others due to the imbalance of homes for sale versus those to rent and it helps to know just how competitive your chosen market is when looking to buy.”

Table shows split between sale and rental properties currently listed on the housing market in various locations around England, ranked from highest sales % from lowest.

County Total - Sales Total - Rent Total - sales and rentals county level Sales % Rent %
Isle of Wight 2,286 101 2,387 96% 4%
Cornwall 7,380 391 7,771 95% 5%
Northumberland 3,255 202 3,457 94% 6%
Cumbria 5,208 363 5,571 93% 7%
Herefordshire 1,897 133 2,030 93% 7%
Wiltshire 8,437 815 9,252 91% 9%
West Sussex 12,164 1,229 13,393 91% 9%
Gloucestershire 10,402 1,070 11,472 91% 9%
Rutland 501 53 554 90% 10%
Shropshire 4,964 536 5,500 90% 10%
Norfolk 12,108 1,327 13,435 90% 10%
Northamptonshire 9,096 1,005 10,101 90% 10%
Suffolk 10,050 1,198 11,248 89% 11%
Essex 33,220 4,116 37,336 89% 11%
Lancashire 17,271 2,257 19,528 88% 12%
North Yorkshire 11,595 1,518 13,113 88% 12%
Somerset 12,126 1,631 13,757 88% 12%
East Riding of Yorkshire 5,416 751 6,167 88% 12%
Cheshire 12,663 1,854 14,517 87% 13%
Bedfordshire 7,891 1,157 9,048 87% 13%
Dorset 12,330 1,852 14,182 87% 13%
Worcestershire 5,796 872 6,668 87% 13%
Kent 31,432 4,731 36,163 87% 13%
East Sussex 12,558 1,978 14,536 86% 14%
Staffordshire 10,201 1,608 11,809 86% 14%
Hertfordshire 15,463 2,509 17,972 86% 14%
Cambridgeshire 10,672 1,742 12,414 86% 14%
Buckinghamshire 10,276 1,695 11,971 86% 14%
Surrey 18,258 3,042 21,300 86% 14%
Devon 16,067 2,710 18,777 86% 14%
City of Bristol 7,425 1,350 8,775 85% 15%
Derbyshire 10,424 1,931 12,355 84% 16%
Lincolnshire 12,328 2,462 14,790 83% 17%
Hampshire 22,756 4,963 27,719 82% 18%
Greater Manchester 24,255 5,907 30,162 80% 20%
Merseyside 14,152 3,510 17,662 80% 20%
Warwickshire 6,741 1,875 8,616 78% 22%
Oxfordshire 7,956 2,388 10,344 77% 23%
South Yorkshire 11,480 3,612 15,092 76% 24%
Berkshire 11,404 3,775 15,179 75% 25%
Greater London 99,528 34,200 133,728 74% 26%
West Yorkshire 18,857 7,005 25,862 73% 27%
West Midlands (county) 21,595 8,040 29,635 73% 27%
Nottinghamshire 10,341 3,869 14,210 73% 27%
Bath and North East Somerset 2,107 808 2,915 72% 28%
Leicestershire 9,262 3,817 13,079 71% 29%
Tyne and Wear 9,525 4,315 13,840 69% 31%
Durham 825 464 1,289 64% 36%
City of London 236 154 390 61% 39%
England 614,546 135,456 750,002 82% 18%