There’s Hundreds of Competing Houses for Sale in Hemel Hempstead, What’s The Best Way to Sell Yours?
Houses for sale in Hemel Hempstead are plentiful currently. Prices have been rising steadily in the town for months now, and homeowners across the town have been able to watch the value of their property soar. However, this does not mean that selling a house fast in Hemel Hempstead is assured. Follow the tips and guidance in this guide to the local property guide. This will help you to find a buyer for your home as quickly as possible.
The overheating property market in central London has forced tens of thousands of people to look further afield for affordable homes. Hemel Hempstead has been one of the towns to benefit from this phenomenon. House prices in the town have been rising steadily and strongly as a result, but this is no guarantee of a quick property sale. If you need to sell your house fast in Hemel Hempstead, you may need to think outside the box when it comes to finding a buyer. At Flying Homes, we buy houses on behalf of property investors throughout the UK. This means that you can sell your home without any involvement from the open property market. We can pay an average of between 90 and 94 percent of market value, and we never drop our initial offer at the last minute – which is something disreputable house buyers in the UK have been doing lately.
Why the initial asking price you set when selling a house in Hemel Hempstead is crucial
Hemel Hempstead has been one of the best performing property hotspots in South East England in recent years. According to a leading lettings agency in the area, property values were rising by an astonishing £603 per week in nearby Watford during 2014, and house prices in Hemel Hempsead were increasing by £484 per week during the same period. Despite this incredible rate of growth, there have still been some deflationary issues at play in the local market. As house prices rise unabated, more and more local people are simply unable to afford them. Moreover, the prospects of rising interest rates mean that the pool of local buyers in the area will be further diminished over the course of the next few months. And the continuing reluctance of banks to lend to first-time buyers will put yet more pressure on demand for homes. In these circumstances, you will need to think long and hard about the asking price you set.
The only way you can be sure that your house will compete with other houses for sale in Hemel Hempstead is to set your asking price at a rate that reflects recent sold house prices in the area. To do this, your estate agent or house buyer will perform some detailed research into recent property transactions in your area. However, whether you are selling a house privately or checking how your agent arrived at a particular valuation, you can do the research yourself using a range of online tools. Log onto The Land Registry web portal, and you’ll be able to view property transactions for you area of Hemel Hempstead. You can access house sales information on the Rightmove website, and entering your postcode on the Zoopla website will enable you to check recent sold house prices in your specific area of Hemel Hempstead.
Selling houses in Hemel Hempstead quickly requires a comprehensive approach to marketing
Despite predictions that house prices throughout South East England will stagnate throughout 2015, one local business website is reporting that the Hertfordshire property market is ‘steady’. Indeed, it is believed that towns such as Hemel Hempstead, St Albans and Watford will continue to experience house price growth during what could be a very tricky period for the housing market. According to the report, the average house price in the region rose by nearly eight percent during 2014 alone, and more growth (albeit modest in nature) is expected in 2015 and 2016. But there is a realisation that buyers are going to be a little more price-conscious for the next two years or so. The prospect of interest rate rises, the growing gap between wages and house prices and the reluctance of banks to lend mean the demand for homes in Hemel Hempstead could wane over the course of the next two or three years. If you need to sell a house quick in Hemel Hempstead, you’ll need to adopt a comprehensive marketing strategy.
At the height of the property boom, thousands of homeowners were making the decision to sell a house without an estate agent. Homes were spending very little time on the open market, as demand was high. However, things have changed slightly in recent months, and a quick house sale simply can’t be taken for granted. Although you might be tempted to dispense with the services of an estate agent in Hemel Hempstead, you should first consider what a talented and experienced estate agent can deliver. As well as having a ready-made network of contacts, a local agent will have experience in negotiations and a deep understanding of your local property market. These attributes may well increase the value of your home on the open market – making the hiring of an estate agent a cost-effective move.
If you need to sell a house quickly in Hemel Hempstead, traversing the unpredictable waters of the open property market might not be an option. If a quick house sale is a priority, Flying Homes can help. We buy any home in as few as seven days, and for up to 100 percent of market value. We buy property in any condition, and we never make promises on price that we break at the eleventh hour of the house buying process. Selling your house to Flying Homes means you can bypass the marketing, advertising, property viewing and negotiation stages of the process completely.
Is there a good time of year for selling houses in Hemel Hempstead?
Unless there is some very specific information available, most estate agents and house buying specialists will recommend that you sell your home at a time that suits your future plans. There is some truth in the assertion that demand for homes peaks at certain times of the year, but the evidence linking house prices to the time of year directly is limited. According to the Home website, October was the busiest month of the year to January 2015 for house sales in Hemel Hempstead. However, there is every chance that house sales could peak during a different month in future years.
It is worth noting that many house buyers approach the process with seasonal priorities at the forefront of their thinking. If you can make modifications to your home’s decor, layout and amenities, there is a chance you might appeal to the seasonal priorities of prospective buyers – and broaden the appeal of your home. In the summer, this could mean tending to your gardens, choosing light tones for your decor and furnishings and harnessing lots of natural light. In the winter, appealing to seasonal priorities might mean drawing attention to energy efficiency measures and creating a warm and comforting ambience.
Can external factors affect house prices in Hemel Hempstead?
You might have been a little disheartened to discover that house prices in and around Hemel Hempstead won’t be rising as steeply as they have been in recent years. However, before you set your own price expectations, it’s worth looking into recent house sales in your specific area of the town. Hemel Hempstead is a town with several districts and neighbourhoods, and not all of them will be reflecting the headline figures for property growth in the town. For instance, growth in areas such as Felden, Boxmoor and Chaulden Vale has been higher than the town’s average rate of growth suggests. Use the likes of Rightmove and Zoopla to ascertain the true price potential of your home before listing it for sale.
There might be several issues affecting the value of your house in Hemel Hempstead, and knowing of them in advance could be the key to unlocking hidden value in your property. For instance, parents might be persuaded to part with a little extra cash for a house within the catchment area of a top school. And house buyers might be prepared to pay a premium for a home that lies within an area that benefits from relatively low crime levels. Issues specific to the town that have the potential to positively influence house prices in the future include the East Hemel Hempstead Area Action Plan and the proposed new Crossrail route that will cut right through the region.
Hemel Hempstead is a so-called New Town located in the ceremonial county of Hertfordshire. It is located at the north west tip of the Greater London conurbation. With a total population of around 90,000, this thriving town is about the same size as many of the UK’s Cathedral cities.
Hemel Hempstead was built on land purchased by the British government in 1947. This New Town was designed to give London residents somewhere to live that wasn’t decimated by months of German bombing during World War Two. The town was built around the original village of Hemel, and welcomed its first permanent new residents in 1949.
Hemel Hempstead is distinctive in its design, which is not unusual for New Towns built shortly after the war. There are several different districts in the town – each with its own cluster of shops. Many of the streets were originally designed as cul-de-sacs in order to protect residents from noise and pollution from a constant flow of traffic.
A large proportion of the local workforce in Hemel Hempstead is employed in London. Indeed, the town has become something of a commuter hotspot in recent years, alongside the nearby towns of Watford and Leighton Buzzard. However, Hemel Hempstead has a relatively successful retail sector that employs hundreds of locally based people.
Things to do in Hemel Hempstead
Hemel Hempstead is a modern town that is filled with modern and exciting attractions, but the bright lights of London and the tranquillity of the Hertfordshire countryside are never far away. If you are looking for adventurous pursuits within the centre of town, you should take a trip to XC, Hemel Hempstead. You and the family can make use of a huge skate park, a 14-metre climbing wall and one of the world’s largest networks of indoor caves. If you want to learn how to ski, and you’re not keen on forking out for a trip to the South of France, head on over to The Snow Centre, which features the UK’s largest indoor teaching slope. You and the family will have an enormous amount of fun at Quasar Laser Tag, or you can catch the latest Hollywood blockbuster at the town centre’s multiplex cinema. You can learn about the history of paper making at the Frogmore Paper Mill, or delve yet further back in time to the 16th century at The Charter Tower & Gardens. If you’re a fan of architecture, you should take a trip to the Market House and Old Town Hall, or you can relax in beautiful surroundings by taking a longboat trip along the Grand Union Canal.
House prices in Hemel Hempstead have been increasing steeply recently, but if you need to sell a house quick, you might be in for a tough time on the open market. Flying Homes might be able to offer you up to 100 percent of your home’s market value, and complete the purchase of your home within 10 days. Call us today on 0800 669 6784 to arrange your no-obligation quote. Try our free calculator to work out the value of your house before you call, then you can compare your figures with those of our representative!