{"id":28176,"date":"2022-09-23T14:57:39","date_gmt":"2022-09-23T14:57:39","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=28176"},"modified":"2022-09-23T14:57:41","modified_gmt":"2022-09-23T14:57:41","slug":"the-new-list-reveals-the-best-and-worst-places-to-sell-a-property","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/the-new-list-reveals-the-best-and-worst-places-to-sell-a-property\/","title":{"rendered":"The new list reveals the best and worst places to sell a property."},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n\n<p><span style=\"font-weight: 400;\">New data has revealed the ten best and worst places to sell a property in England and Wales. Quick Move Now and Home.co.uk lists Bristol and Plymouth as the best places to sell and Mayfair and Marylebone as the worst. Unsold properties in Bristol and Plymouth typically sit on the market for 40 days, whilst those in Mayfair and Marylebone will normally remain on the market for 202 days &#8211; more than six and a half months.<\/span><\/p>\n<p><b>10 best places to sell a property<\/b><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p><b>Location<\/b><\/p>\n<\/td>\n<td>\n<p><b>Current typical time on market<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Bristol<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">40 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Plymouth<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">40 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Derby<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">43 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">York<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">44 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Northampton<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">46 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Stockport<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">46 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Stoke On Trent<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">46 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Portslade By Sea<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">46 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Maidstone<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">46 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Swindon<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">47 days<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>\u00a0<\/b><\/p>\n<p><b>\u00a0<\/b><\/p>\n<p><b>10 worst places to sell a property<\/b><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p><b>Location<\/b><\/p>\n<\/td>\n<td>\n<p><b>Typical time on market<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Mayfair<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">202 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Marylebone<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">202 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Soho<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">196 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Regents Park<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">180 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Charing Cross<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">179 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Stretford<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">179 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Knightsbridge<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">177 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Salford<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">173 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Bloomsbury<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">159 days<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><span style=\"font-weight: 400;\">Paddington<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"font-weight: 400;\">157 days<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Nationally, the typical time on the market is currently 65 days. This increased 6 days \u2013 or 10.2% \u2013 from last month.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Danny Luke, managing director of<\/span><a href=\"https:\/\/www.quickmovenow.com\/\"> <span style=\"font-weight: 400;\">Quick Move Now<\/span><\/a><span style=\"font-weight: 400;\">, commented: &#8220;It&#8217;s clear from these time on market figures that the property market is currently very mixed. Some areas still see strong demand, so properties are selling quickly and achieving a reasonable price. Other regions are struggling more.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;If you&#8217;re planning to move in the next year, it&#8217;s essential that you become familiar with what the property market is doing in your area. Is there much demand? What sort of price might be achievable? A good, local high street estate agent will be able to talk you through recent activities to help guide your marketing strategy for the sale of your home.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Generally, over the next year, I would expect to see further slowing in the market in the majority of areas. The current economic climate is undoubtedly impacting buyer affordability, becoming more of an obstacle to the property market as we move into Winter.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><b>Top tips to speed up your house sale<\/b><\/p>\n<ol>\n<li><b><\/b><span style=\"font-weight: 400;\"> \u00a0 \u00a0 <\/span><b>Avoid lengthy property chains<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Property chains are one of the biggest causes of delayed and failed property sales. Selling to a chain-free buyer is ideal, but if that&#8217;s not possible, keeping the chain as small as possible is advisable.<\/span><\/p>\n<p><b>\u00a0<\/b><\/p>\n<ol start=\"2\">\n<li><b><\/b><span style=\"font-weight: 400;\"> \u00a0 \u00a0 <\/span><b>Find out as much as you can about your buyer.<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">One of the main things you rely on your estate agent for is finding out as much as possible about potential buyers. It isn&#8217;t very reasonable to accept an offer without knowing a fair amount about the buyer, such as:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">Are they in a chain? If so, how many parties are in the chain?<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">What&#8217;s their financial situation? Do they have a mortgage in principle? Are they cash buyers? A cash buyer usually means a much quicker and more simple property sale.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">What&#8217;s their work situation? Are they employed or self-employed? Self-employed mortgage applications are notoriously more complicated and unpredictable.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">What&#8217;s their reason for moving? Strong drivers for the move, e.g. moving to be near family, a new job, a desirable school etc., are all likely to improve your chances of a quick and successful house sale.<\/span><\/li>\n<\/ul>\n<p><b>\u00a0<\/b><\/p>\n<ol start=\"3\">\n<li><b><\/b><span style=\"font-weight: 400;\"> \u00a0 \u00a0 <\/span><b>Price your property competitively.<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">The market is changing. Unfortunately, not everyone is keeping up with market developments, and an increasing number of properties must undergo multiple price reductions before attracting a buyer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You must price your property correctly from the start if you want a quick sale. We would usually suggest you look at recent sold prices in your area to get an idea of where you should position your property. Still, with a time lag of 3 months for any official figures and a slowing market, the price something sold for in the Spring is likely to be very different from the price it would achieve in today&#8217;s market. Your best route would be to look at how other similar properties are priced and make sure that your property offers a more attractive option if you&#8217;re looking for a quick sale. Your estate agent should have a good idea of what your property might realistically achieve, but, as the vast number of recent price reductions show, many are still trying to chance their luck and aim for the high prices achieved over the Summer. It&#8217;s essential to make your estate agent aware that you want to price to sell rather than test the market.<\/span><\/p>\n<p><b>\u00a0<\/b><\/p>\n<ol start=\"4\">\n<li><b><\/b><span style=\"font-weight: 400;\"> \u00a0 \u00a0 <\/span><b>Choose your estate agent and solicitor carefully.<\/b><\/li>\n<\/ol>\n<p><b>\u00a0<\/b><span style=\"font-weight: 400;\">Unfortunately, around a third of agreed property sales will fall through before completion. Many obstacles that cause a deal to fall through can be prevented with good communication and a responsive, well-mannered team. For this reason, <a href=\"https:\/\/www.thehouseshop.com\/compare-estate-agents\">you must hire the right estate agent<\/a> and solicitor who will keep in close contact with your buyer and seller and efficiently manage the sale through to completion.<\/span><\/p>\n<p><b>\u00a0<\/b><\/p>\n<ol start=\"5\">\n<li><b><\/b><span style=\"font-weight: 400;\"> \u00a0 \u00a0 <\/span><b>Be responsive<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">It&#8217;s amazing how many sales are held up by buyers and sellers being slow to respond to correspondence from their solicitors. If you want a quick sale, you must react quickly and in detail to avoid unnecessary back and forth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<ol start=\"6\">\n<li><b><\/b><span style=\"font-weight: 400;\"> \u00a0 \u00a0 <\/span><b>Have your finances lined up in advance<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">If you&#8217;ve got an onward purchase, you must have your <a href=\"https:\/\/www.thehouseshop.com\/mortgages\">finances well organised<\/a> before you market your property. How much can you borrow? What level of the deposit will you have?<\/span><\/p>\n<p><b>\u00a0<\/b><\/p>\n<ol start=\"7\">\n<li><b><\/b><span style=\"font-weight: 400;\"> \u00a0 \u00a0 <\/span><b>Be prepared<\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">It helps to gather any paperwork relating to your property before you put it on the market. These may include:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">Lease documents if the property is leasehold<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">Any guarantees or warranties regarding the property (e.g. double glazing, boiler etc.)<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">Information regarding any balance left on your current mortgage<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><\/span><span style=\"font-weight: 400;\"> \u00a0 \u00a0 \u00a0 <\/span><span style=\"font-weight: 400;\">Paperwork relating to any home improvements you&#8217;ve made, such as planning permission and building regulations<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Selling a property on the open market is notoriously unpredictable, especially regarding timescales. If you&#8217;re working to a particular timetable, you may wish to avoid alternative sale methods, such as a property auction or a property buying company.\u00a0<\/span><\/p>\n<h6><img loading=\"lazy\" class=\"alignnone  wp-image-28177\" src=\"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2022\/09\/Best-and-worst-places-to-sell.jpg\" alt=\"\" width=\"637\" height=\"824\" \/><\/h6>\n<h6>\u00a0<\/h6>\n<h6><span style=\"color: #999999;\">Ref: 3030.26652<\/span><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>New data has revealed the ten best and worst places to sell a property in England and Wales. Quick Move Now and Home.co.uk lists Bristol and Plymouth as the best places to sell and Mayfair and Marylebone as the worst.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/the-new-list-reveals-the-best-and-worst-places-to-sell-a-property\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":45,"featured_media":19650,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[1],"tags":[],"wl_entity_type":[602],"modified_by":"Editor","_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2019\/04\/Sell-house-shutterstock_271485335.jpg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/the-new-list-reveals-the-best-and-worst-places-to-sell-a-property-28176","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/28176"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=28176"}],"version-history":[{"count":1,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/28176\/revisions"}],"predecessor-version":[{"id":28178,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/28176\/revisions\/28178"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/19650"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=28176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=28176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=28176"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=28176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}