HOW long would it take you to sell your house if you put it on the market?
The answer is it depends where you live, with some HP postcodes taking seven weeks longer than others to complete a sale from the time a house is put on the market.
The longest wait with a HP postcode is in HP11, which covers most of High Wycombe town centre, Wycombe Marsh and much of Loudwater.
Here, houses took 22 weeks to shift on average.
The next longest was around the north of Aylesbury town centre, HP20 where you’ll be waiting 20 weeks on average to get the sale done.
However at the other end of the scale, if you live in HP15, Hazlemere and Holmer Green area, you can expect your sale to go through in just 15 weeks.
The average time across the HP region, which covers much of Buckinghamshire and parts of Hertfordshire, was 18 weeks.
House sale experts Property Solvers have crunched listing data from hundreds of property sales across the region between May 2018 and May 2019.
The data tracks the moment a property is listed on the UK’s largest property portal Rightmove to the point it’s marked as officially ‘sold’ at the HM Land Registry.
How does your area stack up?
Check the table below.
Property Solvers co-founder, Ruban Selvanayagam commented: “although there are some natural delays to be expected, it’s surprising that it takes so long for house sales to go through – especially in the digital age we live in.”
“Whilst it’s true that the estate agency, conveyancing and mortgage industries continue to embrace the benefits of tech, much work needs to be done to overcome the friction across house sale chains.”
He continued: “as a fast house sale company, we buy for cash and take on several risks which means our transactions are completed in as little as 7 days. However, we’re a business and we wouldn’t suggest that most buyers follow the same path as us.”
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