Top ten hottest places in the country to sell your property revealed

Top ten hottest places in the country to sell your property revealed

The latest research by independent home buyer, Quick Move Now has revealed that the majority of family home owners in London and the South-East expect to receive an acceptable offer for their property within one month of putting their property on the market.

68% of family home owners questioned in London and the South-East anticipate only waiting up to one month to receive a satisfactory offer for their property.

These findings follow research that shows Reading heads the list of the top 10 hottest places in the country to sell a house followed by Bristol and Worthing. It takes on average 64 days to sell a house in Reading, 74 days in Bristol and 87 days in Worthing. The league table can be viewed by clicking here.

Taking England and Wales as a whole, the majority of family home vendors (56%) anticipate they will be shaking hands with a buyer between one month and three months after putting their property on the market.

In contrast, 71% of vendors putting family homes up for sale in Wales anticipate waiting more than three months to receive an acceptable offer for their property and taking down the ‘For Sale’ sign.

Proximity to schools is cited by home owners as the most valuable asset that adds value to a family home to attract prospective buyers when taking the decision to sell up. The research conducted by Quick Move Now shows that valuable assets that will attract buyers to facilitate a sale of a family home also include a property in a prime location and a house with local amenities closeby.


However, only 3% of family home owners looking to put their property up for sale perceive that a conservatory is a property feature that will entice family buyers to make an offer. An en-suite bathroom is also only deemed important in attracting offers by 7% of respondents.

The research by Quick Move Now, the UK’s original and largest quick house sale company, also shows that family home owners are twice as likely to forfeit purchasing a new car rather than go without a holiday in order to fund essential home improvements before selling their family home.

Quick Move Now compiled the survey of family home owners conducting a poll of almost 1,000 family home owners in England and Wales and by analysing data from house purchases undertaken by the company in the UK in 2015.

Danny Luke, Quick Move Now Managing Director, said: “Our findings show that hopes for a swift property sale by family home owners vary considerably from one region to another. Expectations are the highest in London and the South-East with many vendors optimistic of exchanging contracts quickly, including in Reading which is now the hottest place to sell a house throughout England and Wales.

Even in areas where properties are hard to sell, our research shows that vendors of family homes are more confident of achieving a quicker sale if the property is located in an area close to schools and other amenities.

Where families are concerned, the location is perceived as far more important to prospective buyers than some of the actual property features which might explain a reluctance to undertake home improvements at the expense of a summer holiday.”

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Spencer Fortag
Spencer Fortag 25 Aug 2016

The funny thing is, I mentioned the brick issue in my blog back in April: http://medwayproperty.blogspot.co.uk/2016/04/the-medway-property-market-and-lack-of.html

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SecomTech
SecomTech 19 Aug 2016

Firstly, I either lodge with DPS or do not take a deposit...secondly, If a tenant has not received a confirmation their deposit is secured with either a scheme or in an insured account with an agent/landlord,...

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jasonevans
jasonevans 19 Aug 2016

Belvoir has over 15 years of experience in property lettings, buying and renting and is one of the best agencies I know about. I have heard that they revived an award for the hard work. Really amazing...

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jasonevans
jasonevans 19 Aug 2016

Usually these areas are least affected when it comes to unexpected economical collapse.

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TheWaspNestRemover
TheWaspNestRemover 11 Aug 2016

You agree to pay for the treatment needed to get rid of fleas, ants, mice, wasps nests and other pests unless you can prove that these are a result of us not meeting our repairing responsibilities or these...

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madisonwelch80
madisonwelch80 02 Aug 2016

16% is quite a raise. Let's hope this tendency won't continue for long.

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madisonwelch80
madisonwelch80 02 Aug 2016

?66,963 is a serious price drop However buying a property it a serious investment only small percentage of the UK population could afford.

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madisonwelch80
madisonwelch80 02 Aug 2016

Wow, it kind of surprised me. I mean counting on mom and dad's bank even after retirement is too much. That's the moment in life when one should have ensured themselves. I am shocked.

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AbbieP.
AbbieP. 22 Jul 2016

"While house prices in the most expensive eleven boroughs have declined values in the cheapest eleven boroughs continue to rise" - not a nice way to even out the price range. London is overrated as it

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AbbieP.
AbbieP. 21 Jul 2016

And try to profit from your decisions, I may add

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CommercialTrust
CommercialTrust 19 Jul 2016

Retirement investment has always been one of the biggest draws of buy to let. And the buy-to-let demographic is, on balance, older. (Over a third of our applicants are over 50 at the time of application.) It...

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Forrest Wheatey
Forrest Wheatey 11 Jul 2016

I find the time perfect for ever home-owner wannabe. Prices should slowly, but steadily drop, at least for the inner buyer. Making it harder for outsiders to buy properties (the whole Brexit thing means...

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