If you plan on selling your home, it is likely you will have many questions. As a local property market specialist, we aim to offer guidance and support, as well as an essential range of services that help you sell your house. We take each property transaction on its own merits, so in one way, there is no such thing as an average property sale.
“We know that average prices and figures are often significant in the property market” said Thomas Morris Ramsey Branch Manager Joe Rattue. “Anyone making plans regarding what to do next or what price to use will often take the average value as a starting point, and we are happy to help you figure out how long it may take to sell your Ramsey home.”
Using figures provided by Rightmove and HM Land Registry, it is possible to determine the average time it takes to sell a property.
Make plans with relevant information
In the PE26 postcode area, which covers Ramsey, Ramsey Mereside Huntingdon, Bury, and Upwood, the average time to sell a property is 18 weeks. This is in keeping with other local area and postcodes, with the range of 16 weeks to 20 weeks being the standard amount of time to sell a home.
According to Zoopla, the average price paid for a property in the PE26 postcode area, in the past 12 months, is £236,887 while the current average value of property in PE26 is £261,580. Armed with this information, you can consider your next move in the property market, but it is possible to sell your home at a faster rate without compromising on the standard of transaction.
Three key ways you can positively impact on the length of time it takes to sell your home are:
- Ensure your house is accurately priced
- If you receive more than one offer, look for the best buyer, not necessarily the highest bid
- Choose a skilled and experienced local estate agent
If you follow these three tips, you can improve the property sales process, and at Thomas Morris, we are pleased to say we can offer support in all these aspects.
We understand the local property market
We are a skilled and experienced local estate agent who knows the local market. We can help you place a realistic price on your property, and we will present it effectively. Each home has a likely buyer or a demographic of people who would be more interested in the property, and we help you connect with these buyers.
Another aspect to remember if you wish to sell your home quickly is that the highest offer may not be the best bid. If you have an offer from a buyer who isn’t part of a chain and who has finance arranged, their bid is an excellent option to consider.
A buyer who is part of a chain and still has to arrange finance may experience delays, or they could find the deal collapses through no fault of your own. It is natural for buyers to opt for the most substantial offer, but make sure you consider all your options, if applicable.
Selling your home is stressful, but with the right support, you can make the process easier. Book a valuation appointment at a time that is of suitable to you or alternatively, you can phone our Ramsey branch, managed by Joe Rattue by calling us on 01487 814666.