HOUSE sale transactions are taking an average of 135.25 days to complete across the Warrington WA postcode area, according to new figures.
Some of the quickest areas to sell a property at the moment include Widnes (WA8), Warrington (WA3) and Altrincham (WA14).
Professional house buying firm Property Solvers’ have revealed that it’s taking an average of 19.32 weeks to sell a property across Warrington.
Updated monthly, the latest dataset analysed over 711 property sales across the region between March last year and now.
The statistics track the moment a property is listed on the UK’s leading property portals to the point it’s marked as officially “sold” at the HM Land Registry.
Properties were selling the fastest in Widnes (WA8), Warrington (WA3) and Altrincham (WA14) adopting a minimum number of 10 property sales in a given area. In the top 5 areas, Property Solvers revealed that homes took 124.60 days (17.80 weeks) to sell on average.
Homes were selling the slowest in the Newton-Le-Willows (WA12), St. Helens (WA10) and Warrington (WA2) postcodes (also sampling a minimum data set of 10 property sales). In the bottom 5 postcodes, the data showed that properties were taking 148.80 days (21.26 weeks) to sell on average.
Ruban Selvanayagam of Property Solvers commented: “While Warrington’s sale times remain in line with historical trends, there are encouraging signs that greater adoption of tech-driven efficiencies by industry stakeholders will help reduce transaction lengths. A key example is improving the accessibility and transparency of property-related data, making transactions more seamless.”
The co-founder of the sell house fast company concludes: “it’s also worth noting that many buyers have been pushing for their transactions to complete before April 1, given the reintroduction of the 2 per cent Stamp Duty Land Tax (SDLT) band.”
