Mar
21

The need for speed

How quickly do you think it takes to sell a house? If you live in Dartford in Kent, then on average it’s just 16 days. Hardly enough time to hoover before the new people move in! But this is around six times faster than the national average, a new study reveals – almost three months on average for the country as a whole.

It is a sharp turnaround for Dartford, where homes were on the market for 49 days before being sold this time last year, but as people are proced out of the capital they are looking frther afield, which is great news for towns within a good commuting distance, such as Swindon and Brighton.
Dartford’s 16 days compares to an average of 79 days to sell a home nationally, down from 87 days a year ago.
It is not the only commuter destination that is hot on the property map. In fact, the top 10 fastest selling locations are all London commuter towns and include Essex and Hertfordshire as well as Kent. Demand in these areas has led to average property asking prices rising by more than 10 per cent.

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According to recent research by Rightmove, the online property portal, Bristol was the most searched for place in January and also makes an appearance in the list of top 10 locations, with properties selling in an average of 31 days, down from 47 days in January 2015.
It’s not just the Southern commuter areas where sales are speeding up. The northern towns of Warrington, Crewe, Middlesbrough and Bury have all cut their selling time by 30 days or more, putting them all in the top ten areas where sales have sped up most.
The biggest difference in an ‘up and coming’ area is in Clacton-on-Sea where homes are now selling 45 days quicker than this time last year, down from 95 days to 50.