“Will Your Home Sell? The Stats Every Attleborough Homeowner Needs to Know”
Setting the right price can make or break your sale—and in a market like Attleborough’s, having a clear picture of what’s really happening on the ground is essential.
Over the past 12 months, 1,579,728 homes have left the UK estate agents books. Of these, just 870,498 properties (55.1%) successfully reached exchange and completion (ie the homeowner moved) – meaning that 44.9% (709,230 homes) were withdrawn unsold.
However, the likelihood of selling varies significantly depending on where you live. Northern Ireland leads the way with an 82.4% success rate with London, however, siting at the bottom of the table, with just 41.5% of homes completing.
Here’s how the regions compare:
- Northern Ireland – 82.4%
- Scotland – 79.7%
- Yorkshire & Humber – 61.0%
- North East – 60.9%
- North West – 58.4%
- West Midlands – 57.9%
- Wales – 57.1%
- East Midlands – 54.9%
- South West – 53.7%
- East Anglia – 50.5%
- South East – 50.4%
- London – 41.5%
Pricing your Attleborough home realistically is absolutely crucial. Homes that secure a buyer within the first 25 days have a 94% chance of subsequently completing. But if it takes 100 days or more, that likelihood drops to just 56%.
The takeaway? Overpricing leads to delays and ultimately increases the risk of failure. If you want to move, price it right from day one. An attractive asking price generates interest, brings motivated buyers to the table, and results in a smoother, more successful sale.
If you’re thinking of moving home in the next 6 to 12 months and would like to find out where your property stands in the Attleborough market to give you a greater chance of getting moved, please do not hesitate to give me 'Tony Beales' a call on (01953) 453838 for a free no obligation property selling advice meeting.
