It's been some time since I posted the average sale and rental prices in Welling on this blog.
And the reason?
Because averages mean very little - are you and your Welling property average?
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| Rightmove average sale prices, February 2018 |
The above figures are not impossible to believe for the Welling area, but they are averages, and not every three bedroom house is the same. We have sold three bedroom houses in the last six months for as low as £355,000 and had offers declined for as high at £440,000. There is a lot more to it than just how many bedrooms you might have.
And what about the one bedroom house at £0. No transactions. Hardly a worthwhile stat. Although if you have a one bedroom house, and lets be honest they are rare, let me know because at £0 I'd be happy to take it off your hands!
Transaction numbers are still relatively low compared to past peaks, but the market has picked up considerably since the turn of the year, and we're finding most good property well presented and well priced is moving a lot quicker now than it did in the second half of 2017.
If you want to know the value of your property you simply must ask a local expert. There is no way of judging from online estimators and finger in the wind style approaches whether you are underselling yourself by many 1000s, or even over pricing and shooting yourself in the foot. If you want to know what yours is really worth, I'm only an email away, and I'll back it up with some evidence of past transactions, and property not sold, to give you confidence that the price is right. Do get in touch.
