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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Northerner 20 Oct 2016

Any views from outside the M25? No wonder politicians can't get the housing big picture when everyone seems to think that London is the yard stick, when it absolutely is not.

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Sean Lees
Sean Lees 13 Oct 2016

I think that the pest control really depends on the situation. If the tenant moved in and found an infestation that needs pest treatment service, I think it's more reasonable that the landlord should pay...

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Kevin 13 Oct 2016

Please Sian Berry Dan Wilson Craw LANDLORDS DO NOT WANT TO RAISE RENTS They are being forced to because of Section 24! An unfair, punitive tax hike that will be a disaster Green Party, Generstion...

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Fletcher88 11 Oct 2016

Absolutely agree! Moreover property prices edged up with 0.7% this month as the market recovered from the initial Brexit hit

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Gary Das
Gary Das 06 Oct 2016

A lot of lenders (especially the high-street banks and lenders people approach first) could do more to accommodate for the self-employed. It can really be a struggle, as I found out myself last year when...

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richardrawlings 04 Oct 2016

Not sure I understand this! If Basildon and Hemel rose 68% and 52% respectively, why do they not appear in the top ten list, which appears only to feature those in the minus 20's!! Is it me?

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luxus 27 Sep 2016

It can be stressful. More clarity is needed on the process, from a customer perspective and consideration should be given to using the Scandinavian model where the sales process is much quicker.

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Melissa_Green 26 Sep 2016

Green belts are normally designated around capitals and other major cities and conurbations and their aim is to prevent urban sprawl by keeping land permanently open. The essential characteristics of green...

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Jimmy_McCoy 16 Sep 2016

I think that the main reason to buy garden purchases in last minute is because people always search for the best deal. In summer months there are abundance of seasonal goods and it means more low cost

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Jimmy_McCoy 16 Sep 2016

Buying a home often is more expensive than you expect. There are lots of hidden costs such as: stamp duty, surveys and valuations, mortgages etc. that can add more than 10% to the total bill

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Homebuyerconveyancing 15 Sep 2016

We are seeing a massive influx of Homebuyers using online Estate Agents. The winners are the online portals that still aim to manage the customer journey to homeownership. They provide a valuation service,...

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oliviaG 12 Sep 2016

Without a doubt renovating can truly be very beneficial to many homeowners but it depends to a great extent on the condition of your home and the parts of it you want to refresh. Before you start you should...

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