The easiest and hardest places to sell a house in the UK revealed

by Jason McClean

3 years ago

The easiest and hardest places to sell a house in the UK revealed

Make Text Bigger
The easiest and hardest places to sell a house in the UK revealed

The hardest place to sell a house is London’s W postcode, according to new research which has examined 8,500 house sales.easy or hard

The London postcode includes the exclusive districts of Mayfair and Kensington where the average price of a house exceeds £3m.

London homes require an average of 20 viewings, while vendors in Wembley and Ilford complete the bottom three on 22 and 23 viewings respectively, according to online estate agent House Network.

The study found that 6 out of 10 slowest selling postcodes were within the M25 and the capital is responsible for all three areas found to be the hardest to sell a property in.

In comparison, homes in the North of England require an average of just 11 viewings per sale.

A spokesperson for Discount Landlord said: “This research gives a clear indication as to where landlords who are looking to add to their property portfolio can quickly do so. Landlords must remember that each new property they buy needs to be insured with specialist landlord insurance.”

With houses viewed just six times before they are bought, Carlisle is the easiest place to sell a home in the UK. Vendors in Glasgow, Wrexham and Perth are not far behind with all averaging seven viewings.

Top 10 fastest selling areas (average viewings per sale)
1. Carlisle 6
2. Glasgow 7
3. Middlesboro 7
4. Perth 7
5. Torquay 7
6. Wrexham 7
7. Darlington 8
8. Doncaster 8
9. Dorchester 8
10. Hull 8

Top 10 slowest selling areas (average viewings per sale)
1. Ilford 23
2. Wembley 22
3. West London (W postcode) 20
4. Dumfries 19
5. Southall 18
6. Sutton 17
7. Twickenham 16
8. Iver 16
9. North London (N postcode) 16
10. Croydon 16

The above figures are from House Network click here

 

Landlords insuranceWe can GUARANTEE to beat any like for like quotation for landlords insurance. Operated on behalf of Property118 by The Property Insurer in conjunction with Discount insurance. What’s more, by using our recommended Landlords Insurance providers you will also be helping to fund the running costs of Property118.com so you save money and our community benefits too. Everybody is a winner.

Click the button below for an instant Landlords Insurance quote

Get_a_Quote

OR

Use the form below to request one of our team gives you a Call Back

Landlords Buying Group Insurance Renewal



Comments

Mike McDonagh

3 years ago

Hi,

We are told there are lies, damn lies and statistics.

There is clearly a leap in this article that I have been unable to make. Why are places which receive the least viewings considered to be the "fastest selling areas" and those receiving the most the "slowest".

If I am selling a property I am much happier and more confident of a fast sale at asking price from 20 viewings than 3.

Surely the measurement in question should be how long it takes to sell. The number of viewings I would simply consider to be an indication of the strength of the market.

Michael Barnes

3 years ago

Reply to the comment left by "Mike McDonagh" at "02/12/2015 - 14:33":

Exactly.

In London you might get 20 viewings in a couple of days.

Out here in the sticks I have had 3 vewings in 5 weeks.
I just hope I am in a fast selling area and my buyer is just around the corner (but I suppose that could take another couple of months).


Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?

OR

BECOME A MEMBER

Birmingham "Meet the Developer" Event and off plan exclusives