Buying a London property: the number of homes for sale now in every London borough

Exclusive data shows that Wandsworth currently has 5,178 homes on the market, despite London’s ongoing supply crisis. According to data compiled by TwentyCi for Homes & Property, Barnet has 4,799 properties, followed by Croydon (4.774) and Westminster (4.439). According to figures compiled by TwentyCi for Homes & Property, the UK is facing a severe shortage of properties. The number of properties available on agents’ books has dropped by a third in comparison to pre-pandemic levels. Savills recently conducted a survey and found that 9 out of 10 potential home buyers believe that there is not enough stock to buy. Savills found that nine out of ten potential home buyers believe the lack of stock is keeping them from buying. However, they are now five per cent less than in 2019. Savills stated that this is partly due to the high supply of flats in London. However, they are still five per cent below where they were in 2019. Barrett said that there was also an active ‘off-market” scene where more properties were being added to the market than in the latter half of 2021. “At the moment there is a cycle where buyers want to sell and move to different parts of London. However, as they cannot see many other properties for sale, they are reluctant to put their homes on the market causing a shortage,” he added.Table: London boroughs ranked by number of properties for saleLondon boroughNumber of available homesWandsworth5178Barnet4799Croydon4744Westminster4439Bromley4039Lambeth3989Ealing3819Merton3714Tower Hamlets3686Southwark3612Hillingdon3526Lewisham3466Enfield3178Kensington and Chelsea3094Hounslow3037Greenwich3003Richmond2968Havering2902Brent2897Redbridge2667Waltham Forest2646Bexley2624Newham2615Hammersmith and Fulham2536Camden2506Harrow2475Sutton2463Hackney2301Haringey2249Kingston2218Islington2147Barking and Dagenham1419City of London209