Why Now is the Perfect Time to Sell Your Home in Wynyard

24th May 2023
Home > News > Why Now is the Perfect Time to Sell Your Home in Wynyard

Demand for Wynyard property is of interest to homeowners.

Are you a homeowner in Wynyard considering selling your property? Now may be the perfect time to do so. The property market in Wynyard is currently experiencing high demand, making it an ideal time to sell.

Here are some reasons why now is the perfect time to sell your home in Wynyard:

High demand: As mentioned, there is a high demand for property in Wynyard, meaning there are plenty of potential buyers looking for their dream home. This can result in multiple offers and a higher selling price.

Limited inventory: The supply of homes for sale in Wynyard is currently limited, which means that if you decide to sell now, you will face less competition from other sellers. This can result in a faster sale and a higher selling price.

Potential for a quick sale: Due to the high demand and limited inventory, there is a good chance that you could sell your home quickly. This can save you time and stress, allowing you to move on to your next adventure.

According to Rightmove, the Wynyard housing market is faring as follows:

Properties in Wynyard had an overall average price of £424,900 over the last year. The majority of sales in Wynyard during the last year were detached properties, selling for an average price of £457,667. Flats sold for an average of £130,000. Overall, sold prices in Wynyard over the last year were 4% down on the previous year and 3% down on the 2013 peak of £437,860.”

Despite detached properties' high average sale price, sold prices in Wynyard were 4% lower than the previous year and 3% lower than the peak in 2013. This decline in sold prices may indicate a softening of the property market in the area.

However, it's important to note that these figures reflect the average sale price in Wynyard and do not necessarily reflect the value of individual properties. Homeowners should work with a reputable estate agent with experience in the local market to determine the value of their property accurately.

Overall, the data suggest that while Wynyard remains an attractive location for high-end buyers, sellers may need to be realistic about their asking prices to achieve a successful sale.

Recapping, the current property market conditions in Wynyard make it an excellent time to sell your home. With high demand, limited inventory, favourable market conditions and potential for a quick sale, you could receive a great return on your investment. So, if you are thinking of selling your home in Wynyard, now is the perfect time to do so, and we are more than happy to help you at any time.

Contact Anthony Jones for all Wynyard property matters

If you are looking for help with any matter of the Wynyard property market, it is best to speak to property professionals. No one knows for sure what is going to happen next, so we won’t claim to have all the answers, but the Anthony Jones team is keen to help you as best we can. If you would like to contact us over housing matters, please call us today on 01325 776424.


Share this article

Related News Articles

arrow
arrow

22nd November 2023

Mortgage Approval Downtrend What It Means for You

13th March 2024

Optimism Abounds In Darlington And National Housin...

10th May 2023

The Future of Wynyard: Debate Over Planned Develop...

22nd February 2023

Dealing With Dampened Demand In UK Housing Market