Ranked: New year property supply hotspots

Coastal homes have seen asking prices rise by 13.9% on average over the last year, outpacing the national average of 9.9%.

128 London homes changes hands for more than £5mn in the opening three months of the year; 25% more than in Q1 2021, and 24% more than in Q1 2020.

There are six London boroughs where more than one in 25 homes are currently listed for sale.