{"id":112,"date":"2018-11-19T10:52:53","date_gmt":"2018-11-19T10:52:53","guid":{"rendered":"https:\/\/www.fastsalehomes.co.uk\/blog\/?p=112"},"modified":"2018-11-19T10:52:53","modified_gmt":"2018-11-19T10:52:53","slug":"vital-factors-that-affect-the-average-time-it-takes-to-sell-a-house","status":"publish","type":"post","link":"https:\/\/www.fastsalehomes.co.uk\/blog\/vital-factors-that-affect-the-average-time-it-takes-to-sell-a-house\/","title":{"rendered":"Vital Factors that Affect the Average Time it Takes to Sell a House"},"content":{"rendered":"

Are you planning to sell your property? Knowing how long it will roughly take to sell a house in the UK will definitely be something of interest to you potential sellers. The truth is, there is no way to know for certain how long it will take to sell your house. However, knowing the average time it takes to sell a house is, without a doubt, of high interest. The average time it takes to sell a house depends on many specific factors; the location<\/strong> of your home, the condition<\/strong> your home is in and the price<\/strong> \u2013 to name a few.<\/p>\n

This post will give you insightful information on what the average time it takes to sell a house is, based on facts and some interesting selling house trends that FastSaleHomes have discovered.<\/p>\n

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1.\u00a0\u00a0\u00a0\u00a0\u00a0 Location, Location, Location<\/h2>\n

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Firstly, the location where your property is based will have a huge effect on how long it will take you to sell your house, this is because some areas are simply more affordable than others and consequently, are more likely to be bought there at a quicker rate. For example, Canterbury <\/strong>(average house price – \u00a3311,154) was found to be the area where house selling took the least time – 4 weeks being the average time to sell a house. Two other locations which had some of the quickest selling house periods were Peterborough (<\/strong>\u00a3203,000) and Coventry<\/strong> (\u00a3216,000) with the average amount of time to sell a house standing at 5 weeks.<\/p>\n

So, how long does it take to sell a house on the \u2018slower\u2019 side of the spectrum? Liverpool<\/strong> (average house price: \u00a3165,592) is the city where the average time it takes to sell a house is 4 months, it is consequently the location where a house will be on the market for the longest period. If you\u2019re looking to sell your house fast<\/a> in Liverpool, it\u2019s very unlikely to happen in a short time-frame.<\/p>\n

It shouldn\u2019t come as a surprise that London<\/strong> is the location where the average time to sell a house is second longest (3 months). This however, is the average and in many cases, it may take longer, especially as the house prices in London<\/a> are highest in the UK and least affordable.<\/p>\n

If you\u2019re looking for more specific locations and their average time it takes to sell a house, here is a useful guide<\/a>.<\/p>\n

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(Copyright: SCOTTCHAN\/shutterstock.com)<\/p>\n

2.\u00a0\u00a0\u00a0\u00a0\u00a0 Realistic Pricing<\/h2>\n

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Wondering whether the price will affect the average length of time it takes to sell a house? The answer is YES! If your house value is too<\/em> high or too<\/em> low, it will have a detrimental affect on how long it will take to sell your house. Making sure the house is the right price is the key to a seamless process when trying to sell your house in a shorter time.<\/p>\n