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Leamington named sixth speediest town in the UK in which to sell a home

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.

"Just a quick note to say a big thank you for all your hard work diligence & understanding to help the sale go through so quickly."
Tom & Jennifer

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Given the current level of concern around COVID-19, we would like to take this opportunity to reassure all of our clients - sellers, landlords, buyers and tenants - that we have a comprehensive business continuity policy which is enabling our team to work remotely.
We have in place robust systems and processes to maintain our service levels and quality, and will look to support all of our clients as best we can in the circumstances.
We will work with all parties involved to limit any inconvenience although there are Government limitations placed on what can be accomplished, and in that event we would ask for your forbearance where possible.
Your key contacts remain as before and can be contacted as usual either by phone or email.
We are confident that we can and will operate as normal possible, and as such, are here to help you though the next phases of the Coronavirus outbreak.
To conclude, all of the team at EHB Residential wish you and yours all the best through this challenging period – stay safe.
 
Leamington Office 01926 881144 or info@ehbresidential.com
Warwick Office 01926 499540 or warwick@ehbresidential.com
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