Spring has sprung: why now is a great time to move house in South Wales
With 2022 in full swing and spring well and truly on the way, lots of people are starting to consider putting their homes on the market. If you live in South Wales and are considering selling your property, now is a perfect time to move house.
Why is now a good time to sell?
Prices
Recent research on house prices from January - November 2021 shows a massive rise in house prices across the country, with an average increase across the UK of £18,000. With Wales in the top four highest locations that increased property values, it's no wonder it's a great time to sell. This could be especially great news if you are looking to downsize.
Property market statistics
The four areas seeing the largest average increase in property value are England, East of England, Wales and the Southwest. Compared to the statistics from this time last year, the average increase to a property is £20,000.
According to the express, the average house price in wales is £203,224
Better Weather
It might sound a little odd but the better weather can actually increase the speed in which your property sells. It generally increases the time that people spend looking at the outside and encourages a more positive psychological outlook.
Not only does the sunshine make your home look more appealing, people are more willing to spend time hunting for their perfect house. With an increase in demand comes the possibility for your house to achieve more than the asking price.
Colourful curb appeal
Better weather brings spring blooms! A range of flowers start appearing throughout the spring months and can bring some much-needed cheer to even the dullest days. This will have a great effect on the look of your house in general making it more appealing from the outside.
Interest
It’s not just an old wives tale that spring and the New Year brings more people out who are looking to buy. This creates buyer demand and means that it really is a seller's market out there.
Catchment
We all know moving house is not a fast process for the most part. With this in mind, there will be more families starting to look into buying homesin good catchment areas for schools. This appeals as the move should be complete by the time September rolls around and a new school year starts.
Away from most holidays
On the subject of timing, moving house now is popular as it’s away from peak holiday season. No other things going on means there’s minimal disruption to everyday life. This means there is less to coordinate and organise which overall leads to less stress!
So to sum up, selling your house in Spring is a great time of year to sell because:
- You're more likely to achieve a higher price through the increased demand and because more people are willing to house hunt.
- The days being lighter for longer, spring sunshine, and colourful blooms give your property sunkissed and flowery curb appeal and lift the mood of buyers.
- The timing generally means you won't be as stressed out having to put plans on hold or work around holiday preparations.