After another busy Friday, we thrilled that even more of our home-movers have completed their sales today.
We have been digging around into the Land Registry data which has revealed a few curious results with regards to moving day, in particular, we looked into the day of the week when properties complete.
We found the variation by price band interesting, here's the results;
- Higher value properties are less likely to complete on a Friday than those in the lower price thresholds.
- Just a third of sales sold this year and priced at £2 million or more completed on a Friday, compared to over 50% of those priced under £250,000.
- It is of little surprise that more properties complete on a Friday then any other day in the week. - So far in 2017, nearly half of all sales (48%) completed on a Friday.
- Thursdays accounted for 15% of completions with 12% occurring on Mondays, Tuesdays and Wednesdays.
So there you have it. Short and sweet today.
We'll continue to share our market research with you and in the meantime if you'd like more information on where your property value currently fits into the marketplace, call us for a Free Property Valuation 01509 611119.