The region where you can sell your home the quickest - nearly twice as fast as UK average

The region where you can sell your home the quickest - nearly twice as fast as UK average

Britons discuss house prices

GB NEWS
Sarra Gray

By Sarra Gray


Published: 26/03/2024

- 08:00

Homeowners sell their properties nearly 30 days quicker in one part of the UK

Selling a property can be a long and drawn out process, but for homeowners in some regions this will be much speedier.

The areas where houses sell the quickest have been shared in the latest House Price Index by Rightmove.


Properties in Scotland sell most quickly overall, with offers accepted generally within a month and a half.

The average time to sell a house is 71 days, according to the data, meaning homes in Scotland sell nearly twice as quickly.

House for sale sign sold

Property selling times vary greatly across the country

GETTY

How long property takes to sell

Scotland - 43 days

North east - 64 days

West midlands - 71 days

Yorkshire & Humber - 73 days

South west - 73 days

South east - 73 days

London - 73 days

East of England - 75 days

East Midlands - 78 days

Wales - 82 days

While Scotland sellers can enjoy a speedy turnaround, those in Wales need to wait nearly twice as long to get an attractive offer in.

The UK national average of taking 71 days to sell is the longest time since 2019 and the report suggested a number of reasons for this.

Well-priced homes are quickly snapped up in many regions but sellers who are over-optimistically pricing their homes are struggling to find buyers and their homes are staying on the market for longer.

Knowing how to price a property is not easy and it is wise to seek advice from estate agents and see what similar properties in the area sell for.

As well as the speediest sales, Scotland has the second cheapest average property prices, costing £190,067.

People viewing houses

Homes in Scotland sell more quickly than the rest of the UK

GETTY

Most affordable places to buy

North east - £187,592

Scotland - £190,067

Yorkshire & Humber - £247,054

Wales - £256,499

East Midlands - £287,145

West midlands - £288,945

South west - £383,889

East of England - £415,199

South east - £478,936

London - £686,844

You may like