
A good barometer of an area’s desirability is how long it takes properties up for sale or to rent to go under offer — the so-called Under Offer Index. While this doesn’t mean the deal is necessarily done, it’s the first step in the process and, where this happens quickly, is a good indicator that a place is in demand.
New research from property portal, OnTheMarket, tracks the pace of the country’s lettings and sales markets, and has revealed where in the UK and London go under offer the quickest and slowest.