Data from online estate agent HouseSimple.com also revealed that more than a quarter (27.1%) of the UK’s town and cities experienced more than a 100% increase in property supply.

Alex Gosling, CEO of HouseSimple.com, said he had expected to see property supply rise in January.

“We are now coming into peak-time for property sales: the pre-spring and spring market.”

Lichfield in the West Midlands had the biggest rise in new properties coming on to the market, up 268.4% since December 2016.

In London, the number of new properties listed increased 121.7% in January, with Redbridge experiencing the highest rise in supply (216.5%).

“But if the market’s response to the Brexit vote is anything to go by, the urge or need to move will mean it’s very much business as usual.”“The black cloud of Article 50 looms overhead and no one really knows if that will see sellers delay marketing their properties.Alex continued: “Although the numbers of new properties listed wasn’t through the roof, they were higher than November and only a little lower than October, so supply returned to pre-Christmas levels.

The HouseSimple Supply Index looks at data on more than 500,000 listed properties to track the number of new properties marketed each month.