VALUATION

2017: The year in numbers

   The stats and facts that have shaped the property market in the last 12 months.

As 2017 draws to a close, the Aspire team has been able to look back on another year in the SW London property market. It’s been an eventful 12 months, with plenty of sales and new tenancies, families settled across SW London and keys handed over to hundreds of home movers. Here are our 2017 highlights in numbers – with interesting statistics from within Aspire and from the wider property market:-

  • 72 hours – the shortest time for an Aspire property to go under offer (and above the asking price)
  • 36 Viewings – the most undertaken by one home mover
  • 2 days – the shortest time from a buyer registering with Aspire to them making an offer
  • 14 days – the shortest time for a transaction to move from offer to exchange
  • 0 days – the shortest time for a transaction to move from exchange to completion
  • 78% - the number of people who made a decision to buy a specific home within a week of starting to look, according to a survey by Tesco Bank
  • £5,000 – the estimated stamp duty saving on the average price of a first home in London since the Budget announcement
  • 95% - the number of first-time buyers The Treasury estimates will see a positive change to their stamp duty bill – with 80% now stamp-duty free