How to Sell Your Home in the Face of Tough Competition from Many Houses for Sale in Doncaster
The Doncaster property market has had its fair share of problems in recent years. If you need a quick house sale in the town, then you need a comprehensive approach to marketing and a competitive asking price. This guide to the local property market in Doncaster contains tips and advice to help you find a buyer for your property as quickly as possible.
If you need to sell a property fast, then, as we buy any house in Doncaster, make us your first port of call!
House prices in Doncaster have been lagging behind those in most other areas of England in recent years, and recent house price growth has been relatively stagnant. If you need to sell a house fast in Doncaster, you will need do everything you can to make your home attractive to a broad range of potential buyers. Alternatively, you can bypass the open market completely by selling your property to Flying Homes – for up to 100% of its market value. Apart from buying pouses fast for cash ourselves, we also work in conjunction with wealthy investors who are ready to make an offer on your home today. We buy houses in any condition on their behalf, and our streamlined buying process can complete property transactions within just seven days.
Why you need a competitive asking price when selling houses in Doncaster
The Doncaster property market has suffered a torrid time in recent years, and local homeowners have been forced to watch helplessly as the value of the asset tumbled for several years. According to the Thisismoney website, Doncaster property values in 2014 were actually lower than they were 10 years previously. Incredibly, amongst the many houses for sale in Doncaster, a large, three bedroom house could be picked up for less than £70,000 – and the average price for a family home in Doncaster during 2014 was well below £100,000. Average house prices in South Yorkshire were around £120,000 in 2007, but they currently stand at around £100,000 in 2015. This area of England suffers from chronic house price stagnation and decline, so you will need to be realistic with the initial asking price you set.
Doncaster’s house buyers are incredibly sensitive to price, and setting your initial asking price too high will price your home out of the local market. In order to ascertain what represents a sensible asking price for your area of the town, research into recent sold house prices will be necessary. This essential research is often the responsibility of an estate agent. But whether you are going it alone on the open market or you want to check your agent’s valuation makes sense, you can do the research into sold house prices in Doncaster yourself on the Rightmove website. Government data on property transaction statistics is available via The Land Registry web portal, and Zoopla allows you to enter your postcode to access house sales data for a particular street in Doncaster.
Adopt an all encompassing approach to marketing when house selling in Doncaster
There is little doubt that the next few years are going to be tough on people who already own a home in Doncaster. Stagnating demand and very slow house price growth is depressing the entire market. According to an article on the Yorkshire Post website in December 2014, prices for houses for sale in Doncaster in Yorkshire may rise at half that rate projected for national house price growth. Detached houses in particular are proving incredibly difficult to sell in Doncaster. According to the Home website, the average detached house in Doncaster took 211 days to sell in September 2014, but 232 days in September 2015. These statistics show that more and more local people are finding it difficult to get on the property market or upgrade their existing house. You will need a comprehensive marketing strategy in order to attract a dwindling number of prospective buyers to property viewings at your home.
A lot of people are deciding to sell a house without an estate agent in order to save on the cost of commission. However, the Doncaster property market is probably not the best market in which to do this. Selling privately might save you some money in the short term, but you might harm the price potential of your home unless you have the time, know-how and marketing contacts to fulfil your home’s price potential. Estate agents with houses for sale in Doncaster can charge handsomely for their services, but they deliver a huge range of benefits that will often increase the final selling price achieved.
Unfortunately, not even the best estate agent in the area will be able to provide you with any guarantees in such a volatile market, even if you try selling online via internet agents such as House Tree. If you need to sell a house fast in Doncaster, you can avoid the open market and cut the the time it takes to sell your home by utilising the house buying service offered by Flying Homes. We have a record of paying up to 90/94 percent of market value for the houses we purchase, and we are known to never lower or retract our initial offer. In the right circumstances, it is sometimes possible to conclude a purchase in around seven days.
Is there a profitable time of year to sell a house quickly in Doncaster?
Most property professionals agree that the time of year at which a house is sold does not directly impact the sale price it achieve. Of course, the number of buyers around can peak at very specific times of year, but there is very little evidence to suggest that the prevailing season has any effect on average selling prices whatsoever. Surprisingly, December was the busiest month of the year to June 2015 for completed house sales in Doncaster. This is surprising given the fact that most people are preoccupied with Christmas at this time of year – and it suggests the market is still in a state of flux. If you are determined to use the prevailing season to your advantage, make some seasonal changes to your home’s decor, layout and features in line with the priorities of buyers. This won’t necessarily increase the final sale price you achieve, but it might help you to find a buyer more quickly.
What are the issues that have the potential to increase house prices in Doncaster?
The Metropolitan Borough of Doncaster is a large area, and there are many different property markets within it. While you might have been discouraged by the news of stagnating house prices in Doncaster generally, it is a good idea to check what is happening in your particular area of Doncaster, as there is a chance that house prices may have been outperforming the town average in recent years. For instance, property values in the likes of Bawtry and Tickhill have been rising faster than they have in the area as a whole. Use Rightmove and Zoopla to ascertain what is happening in your street before making any house selling decisions.
There are always several issues that have the potential to increase house prices in a particular area, and knowing about them will help you to tailor your marketing strategy accordingly. For instance, if there is a school with consistently good OFSTED reports in your area, you might want to target buyers with children in order to secure a premium for your property. Living in an area with low crime rates might also work in your favour when you decide to sell a house in Doncaster. Among the many local issues that might influence house prices is the regeneration of Doncaster town centre.
About the town of Doncaster
Doncaster is a market town located in the ceremonial county of South Yorkshire. The town is the centre of the larger Metropolitan Borough of Doncaster, which include a number of outlying towns and villages. When all of these smaller settlements are taken into consideration, the population of the borough is well over 300,000 – although the population of Doncaster itself is just 77,000.
Doncaster rose to prominence during the 18th century, when huge coal deposits in the area were exploited for the first time. The waterways in this part of England made the entire region hugely important to the economic success of an industrialising Britain. Thanks to the central location of Doncaster, and its proximity to several good road links, the town has become a major centre for distribution. One of the largest distribution centres in the area is the Doncaster International Railport. There are also major logistics depots for Next, Amazon and Tesco in the area. Several regeneration projects in Doncaster in recent years have transformed the look and prosperity of the town. As well as the town being granted Fairtrade status, the building of Education City and the extension of the Frenchgate Centre have breathed new life into Doncaster.
Things to do in Doncaster
If you want to explore beautiful countryside and get a taste of local history at the same time, make sure you visit Brodsworth Hall and Gardens during your time in Doncaster. You can also enjoy the unique combination of a garden centre and a steam engine museum at Markham Grange Steam Museum. Have a flutter at the prestigious Doncaster racecourse, or check out the huge range of artworks and exhibits at Doncaster’s Museum and Art Gallery. Or if you have a love of flora, make sure you take a stroll around Walker’s Nurseries, which is filled with exotic flowers and displays that are filled with colour. A great day out for all the family can be had at Yorkshire Wildlife Park, or you can explore the history of RAF aircraft at the Aeroventure museum. A range of activities, including swimming, table tennis and ice skating can be enjoyed at The Dome Leisure Centre.
The doncaster housing market is a challenging place in which to sell a house fast. If you want to speed up the process considerably with high competition from many houses for sale in Doncaster, then sell your house to Flying Homes for up to 100 percent of its market value. Speak with one of our house buying agents today to arrange a no-obligation we buy any house online quote today!