We are selling property in Stratford town centre between £250 and £375 per sq ft, what does this make your house worth?

Over the past three months, houses within walking distance of Stratford town centre are selling and selling strongly at that.  The general rule of thumb is properties are achieving somewhere between £250 per sq ft and £375 per sq ft, this is a real indicator that people don’t just want to move but the need to move.

People are buying and selling for a variety of reasons, some are moving to be in the right catchment areas for good schools, others are moving for work and career reasons, however, by far the majority of buyers are downsizing right now, I would estimate about 60% of buyers are looking for a smaller and cheaper property.

This is all relative of course, someone moving down from a larger 4000 sq ft house may be just as happy living in a 2000 sq ft home, allowing them to release capital, pay off mortgages or reduce their utility and maintenance bills.

Whatever someone’s reason for selling, the reality is the price per sq ft is remaining strong because there is still a lack of stock in the marketplace.

So, are you thinking of selling, what does this make your house worth?  Please give us a call for a free market appraisal of your home.