The fastest and slowest postcodes for house sales in and around York have been calculated.
Latest data from house buying firm Property Solvers has revealed that it’s taking an average of 16.03 weeks to sell a property in the York (YO) postcodes.
Updated monthly, the local house market insights tool last analysed over 1,269 property sales across the region between May 2018 and May 2019.
The data tracks the moment a property is listed on the UK’s largest property portal Rightmove to the point it’s marked as officially ‘sold’ at the HM Land Registry.
|Area||Average Sold Time||Average Price Change||No. of Homes Tracked||Earliest Listing Date|
|YO1||8 Weeks||-£3,500||1||20 May 2018|
|YO7||15 Weeks||-£4,940||48||01 May 2018|
|YO8||15 Weeks||-£4,696||104||01 May 2018|
|YO10||17 Weeks||-£7,214||40||01 May 2018|
|YO11||17 Weeks||-£4,666||49||05 May 2018|
|YO12||16 Weeks||-£4,282||96||01 May 2018|
|YO13||14 Weeks||-£8,423||21||02 May 2018|
|YO14||16 Weeks||-£4,571||33||01 May 2018|
|YO15||18 Weeks||-£6,132||41||09 May 2018|
|YO16||16 Weeks||-£5,160||64||01 May 2018|
|YO17||14 Weeks||-£5,301||41||03 May 2018|
|YO18||14 Weeks||-£6,204||24||03 May 2018|
|YO19||19 Weeks||-£23,455||36||02 May 2018|
|YO21||18 Weeks||-£8,807||28||08 May 2018|
|YO22||19 Weeks||-£12,870||12||09 May 2018|
|YO23||16 Weeks||-£10,628||48||01 May 2018|
|YO24||16 Weeks||-£8,350||79||03 May 2018|
|YO25||16 Weeks||-£4,384||78||01 May 2018|
|YO26||17 Weeks||-£7,400||66||02 May 2018|
|YO30||15 Weeks||-£7,276||71||03 May 2018|
|YO31||15 Weeks||-£7,811||56||01 May 2018|
|YO32||17 Weeks||-£7,677||57||04 May 2018|
|YO41||17 Weeks||-£8,292||32||04 May 2018|
|YO42||15 Weeks||-£4,821||40||02 May 2018|
|YO43||18 Weeks||-£4,196||45||04 May 2018|
|YO51||21 Weeks||-£9,983||10||08 May 2018|
|YO60||17 Weeks||-£12,492||7||11 May 2018|
|YO61||17 Weeks||-£10,061||25||03 May 2018|
|YO62||12 Weeks||-£6,405||17||15 May 2018|
The centre of York – YO1 – comes out as the fastest place to sell your property, taking just eight weeks – but this figure is based on just one sale.
YO23 – covering South Bank, Bishopthorpe, Copmanthorpe, Rufforth – and YO24 (Acomb, Dringhouses, Woodthorpe) – were the next best city performers, both with a 16 week turnaround.
YO10 – covering Fishergate, Fulford, Heslington, Osbaldwick, Tang Hall – had an average of 17 weeks.
But it is YO19 (Dunnington, Escrick, Wheldrake, Murton, Riccall, Stillingfleet, Warthill) that was slowest in the city at 19 weeks.
Further out, properties were selling the fastest in the YO13 (Scarborough), YO17 (Malton), YO18 (Pickering) and YO62 (Helmsley, Kirkbymoorside, Nawton) postcodes.
A total of 103 homes in these areas took between 12 and 14 weeks to sell on average.
The most sluggish postcode in the table is YO51 (Boroughbridge) with an average turnaround of 21 weeks.
Property Solvers co-founder, Ruban Selvanayagam said:
Although there are some natural delays to be expected, it’s surprising that it takes so long for house sales to go through – especially in the digital age we live in.
Whilst it’s true that the estate agency, conveyancing and mortgage industries continue to embrace the benefits of tech, much work needs to be done to overcome the friction across house sale chains.