Northampton is UK hotspot for home sales
The Midlands town of Northampton has been identified in a survey by property website Zoopla as the easiest place in Britain to sell a home.
Timing impossible to predict
Lawrence Hall, a spokesman for Zoopla, said, “Whether you’re a first time or seasoned property seller, one thing that is impossible to predict is the timing of the first offer on your home. “The national average period between listing a home for sale and achieving an offer is well under two months at 47 days, while sellers in Northampton can expect an offer in an average of just 27 days. “Regardless of where you are selling, giving your home a bit of TLC and enlisting the help of a good estate agent with knowledge of the local market, is likely to help your sale.”Among London boroughs, Zoopla found that homes in less than fashionable suburbs had become the fastest-selling areas in the capital. Homes in Sutton were going under offer after an average of 28 days, while it was taking just a day longer in Havering and Bexley.Related news:
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Shift in interest to the suburbs
Jonathan Hopper, managing director of the buying agents Garrington Property Finders, said, “The past year has seen a real shift in momentum from central London to the suburbs. Boroughs like Havering are enjoying a surge in interest. Regeneration and the prospect of better transport connections mean that areas like this can offer both good value and the potential for strong growth.”Zoopla said, “We are seeing outer London continuing to grow and central London stalling.” In the prime property markets of Kensington & Chelsea and Westminster, homes are now taking 83 and 70 days respectively to sell.Zoopla’s top 10 (average days to sell and average property price):
1. Northampton, 27, £245,2882. Milton Keynes, 29, £299,0793. Croydon, 30, £374,3424. Edinburgh, 32, £266,1465. Glasgow, 33, £175,552=6. Bristol, 34, £309,807=6. Southampton, 34, £279,7698. Coventry, 35, £191,658=9. Salford, 36, £152,784=9. Ipswich, 36, £259,844Regional averages and prices:
=1. South East England, 42, £400,054=1. East of England, 42, £345,5543. East Midlands, 44, £205,4374. West Midlands, 45, £213,772=5. Scotland, 46, £180,374=5. London, 46, £659,6277. South West England, 50, £285,406=8. Yorkshire and the Humber, 55, £170,841=8. North West England, 55, £184,96010. North East England, 61, £184,27511. Wales, 66, £179,890 For related news and features, visit our Residential property section.Access hundreds of global services and suppliers in our Online Directory©2024 Re:locate magazine, published by Profile Locations, Spray Hill, Hastings Road, Lamberhurst, Kent TN3 8JB. All rights reserved. This publication (or any part thereof) may not be reproduced in any form without the prior written permission of Profile Locations. Profile Locations accepts no liability for the accuracy of the contents or any opinions expressed herein.