Thu 28 Feb 2019
Properties in Leamington are selling 11% more speedily this year than they were 12 months ago figures show – with pent up demand for family and period homes and realistic pricing cited as factors behind the upturn.
In fact, the town has been named the sixth fastest place in the country in which to sell a home.
The figures have been released by property search portal Rightmove – whose analysis of the thousands of homes it lists ever year shows it takes an average of just 47 days from being listed on the market to being sold subject to contract or under offer – compared with 53 days in January 2018.
The fastest town in which to sell is Redditch, at just 45 days, with Hampstead being the slowest at 121 days.
The average asking price in Leamington is £342,329.
Edward Bromwich, MD of town estate agency ehB Residential, said the Rightmove figures were reflected in his own company’s performance.
“We’ve just agreed a sale on a three-bedroom period property in only four days,” he said. “Period and family homes are the quickest to sell, with a lack of supply behind the speed increase and homes which are realistically priced selling at a rate of knots.”
The Rightmove report follows a feature in the Sunday Times in January describing Leamington as ‘happy, historic and full of beans’, and praising the calibre of its coffee shops, the quality of its schools and the allure of its architecture.
"It has truly been a pleasure dealing with your colleagues who assisted in our purchase of 23 Beverley Road and the sale of 39 Brookhurst Road. This customer experience (including when we purchased 39 Brookhurst Court last year) has undoubtedly given us the confidence to approach eHB for our future real estate needs. We would like to express our sincere gratitude to Clive, Juliana, Chris and Louise. They were polite and courteous and we were very pleased with the level of professionalism and strong work ethic that they demonstrated at all times. In our experience, we found eHB working to a very high standard of customer care and this, we believe, is the key differentiator that must be maintained by successful companies in a competitive market. Clive, Juliana and Chris invested time in learning about our particular needs and they impressed us with their strong dedication to customer service. Their relaxed and informative style gave us the confidence that our sale and purchases were in safe hands from the outset and, of course, we are totally happy with the outcomes. In particular, they were diligent and meticulous in their approach and we found this to be very reassuring indeed. Your colleagues did an excellent job. We would be grateful if you could convey our heartfelt thanks and appreciation to Clive, Juliana, Chris and Louise. Well done! Kind regards Mushy & Laraine "