The darling buyers of May: Francine Watson of @knightfrank Bath
Spring is in the air and as we would expect, the housing market is gearing up for its typically busiest time. Analysis from Knight Frank has shown that on average the month of May sees more properties go under offer than any other month. The data (averaged sold subject to contract ‘SSTC’ figures from 2015-2018) shows that almost 10% of homes in the UK are sold in May. If sellers time their launch correctly they can take advantage of a market that is almost 70% busier than the quietest month.
The traditional buying seasons remain apparent, with November, December and January being the quietest months and a lull seen in the holiday and back to school months of August and September.
With May upon us, now is the time to act if you wish to market your property to the biggest audiences. Correctly priced homes are gathering strong interest and the number of people registering with us in their search for their next home is growing.
So if you are looking to downsize, upsize or take your first steps on to the property ladder, we have a number of new properties that might be suitable. For people looking to move to a central location we have One Tram Yard which offers two and three bedroom apartments in an excellent location, with stunning Neptune kitchens and finishes. Price start from £595,000. Close by are the fabulous mews houses at Walcot Yard with prices starting from £715,000. Staying central, first time buyers or investors may be interested in the boutique apartments on Milsom Street, with prices from as little as £195,000 for a studio and from £285,000 for a one bedroom apartment.
Alternatively, apartments at Charlecote, Lansdown also have the added luxury of parking and the option to buy a garage. The apartments start from £510,000.
For those upsizing to a larger family home, close to good schools we have Lansdown Fields which offers four and five bedroom homes from £995,000 or Tyning Meadows in Bathampton with prices from £1.35million. Both developments are walking distance to some of the best schools in the area.
Properties sold subject to contract, monthly % share of UK annual total (2015-2018 data).
(Source Knight Frank & Rightmove)