December 2020 Market And Buyer Searches

3rd December 2020 posted in SELLERS

If you plan on moving home in 2021, this is the ideal time to familiarise yourself with the local property market. No matter your circumstances or what move you wish to make, it is always best to make an informed decision.

At Country Properties, we are pleased to say we have worked closely with many buyers and vendors recently. The end of 2020 has been extremely busy, and we are pleased to say we have helped many people move home.

We also stay in touch with the latest property market studies, and news from the leading property portals.

Letchworth Garden City house prices are on the up

At the start of December 2020, Rightmove said this about the Letchworth Garden City housing market;

Properties in Letchworth Garden City had an overall average price of £377,694 over the last year. The majority of sales in Letchworth Garden City during the last year were terraced properties, selling for an average price of £318,684. Semi-detached properties sold for an average of £420,096, with detached properties fetching £599,458. Overall, sold prices in Letchworth Garden City over the last year were 4% up on the previous year and 2% down on the 2017 peak of £386,609.”

 The final sentence of the Rightmove overview is illuminating. 2020 has been a challenging year for many reasons, but it appears house prices in Letchworth Garden City are thriving. An increase of 4% on the 2019 figures is a positive outcome, even without considering the circumstances of 2020.

What is happening in the Letchworth Garden City market right now?

At the start of December 2020, Rightmove had a total of 134 properties listed for sale in Letchworth Garden City.

The most expensive property listing for Letchworth Garden City has a guide price of £1,750,000. This is for an eight-bedroom detached house.

Of the 134 listed properties in Letchworth Garden City, 16 are listed as detached properties. There are slightly fewer semi-detached properties for sale in the area, with only 15 listed for sale.

Flats are most commonly listed property in Letchworth Garden City market

There are also 35 terraced properties listed for sale in and around Letchworth Garden City according to Rightmove at the start of December.

There are 56 flats listed for sale, making this the most popular form of property on offer in Letchworth Garden City. There are also 15 bungalows listed for sale in the area.

Garden space and parking spots are always important for buyers

Of the 134 listed properties in Letchworth Garden City, 88 have been listed has having a garden. If you are looking for property with a dedicated parking space, there are 117 listings with parking for property in Letchworth Garden City

80 properties are listed as having a garden and parking space.

Currently, in line with Government guidelines, our Letchworth Garden City branch is open and our and lettings personnel are here to assist you. To clients old and new, if you have any queries or need advice on property sales and lettings then please call 01462 481100 or email ian.ellmers@country-properties.co.uk.