How Easy is it to Sell a Property in Liverpool?
Estimated reading time 5 minutes
Selling a property can be difficult at the best of times, and with a fluctuating housing market, you might be wondering, how easy is it to sell a property in Liverpool? Luckily, properties in the city of Liverpool are in demand, leading to higher prices and faster sales. In this article we will explore everything you need to know about selling your Liverpool home, from average house prices to the areas where properties sell the fastest, you’ll have your Liverpool property selling in no time.
Liverpool property market
If you’re looking at selling your Liverpool home this year it’s helpful to look back at data from the last 12 months to ascertain how easy your home will be to sell. Here are the facts:
Most popular property types
The most popular type of property in Liverpool in 2024 was terraced houses, with 356 homes sold in January 2024. This is significantly higher than other property types. January 2024 yielded 213 semi-detached home sales, 115 flat sales, and 67 detached house sales. However, it is worth bearing in mind that terraced houses make up a significant proportion of Liverpool’s properties, which could explain why they are the most popular property type.
Properties sold
Between September 2023 and August 2024, there were 4,800 property sales in the Liverpool area, and most properties sold for between £100K – £150K.
Areas in Liverpool Where Properties Sell the Fastest
In recent years, Liverpool has been experiencing some of the fastest property sales not just in the North but across the entirety of the UK. With the typical selling time for a Liverpool property just 57 days, let’s take a look at which parts of Liverpool are most in demand amongst property buyers and investors.
Formby
Formby has been ranked the number one area in Liverpool where properties sell the fastest. It’s no surprise when the seaside town is home to sandy beaches, great amenities and an easy commute into Liverpool city centre. Property prices reflect the town’s appeal, with the average property costing £360,906, over £100,000 Liverpool’s average. Due to this, it’s popular with families and pensioners looking to enjoy the serene environment away from the big city.
Mossley Hill
Situated around 3.5 miles to the South of Liverpool, Mossley Hill is a highly desirable area for families and young professionals looking to commute into the city. The area boasts plenty of green spaces, has excellent amenities and schools as well as good transport links. On top of all of this, it has diverse housing options, with something to suit every budget and lifestyle. The cost of the average property here is £312,998 which is higher than the city’s average, but cheaper than other areas of the UK.
Ormskirk
Home to Edge Hill University, and with easy access to Liverpool, Manchester and Preston, Ormskirk is known as one of Liverpool’s student towns. Properties here tend to sell quickly, which comes as no surprise as both investors and families are keen to buy into the town. Ormskirk is surrounded by beautiful countryside, and with a variety of restaurants, shops and local markets, there is always something happening. The average property price here is £275,369, making it much more affordable than other sought-after Liverpool areas. If you have a property in the Liverpool locality you plan on selling, you can be sure to find a buyer quickly.
What Liverpool’s regeneration means for sellers
Liverpool’s regeneration is a big deal for property owners looking to sell. This is mainly because the economic uprisings in the city have had a massive impact on the property market too. And this isn’t the case in some areas – it’s across the whole city of Liverpool. Some of the major improvements undertaken in the city include the regeneration of Albert Dock and Lime Street, the Anfield Project, and huge investment in building new houses and rejuvenating old ones. This has majorly boosted Liverpool’s housing market, aside from increased property prices, there is also an increase in buyer interest from both normal people and investors who are keen to enter Liverpool’s property market.
Sell Your Home in Liverpool
At SellHouseFast.co.uk, we can sell your property in Liverpool quickly and effortlessly. Thanks to Liverpool’s economic rise over the last decade, the city has become a hotspot for buyers all over the world looking to invest and take advantage of the city’s regeneration. This is fantastic news for property owners, but if you’re looking to sell your house fast in Liverpool, you might not have time to wait.
By opting for a cash house buyer, you can sidestep the uncertainty of waiting for a buyer to come along, as well as the hassle of neverending viewings. Plus, cash transactions are usually much faster than waiting for a mortgage approval, and you’ll receive your money within days. To top it all off, you won’t have to worry about chains breaking, which is a common way that traditional sales get derailed. Contact us today to get your free cash offer.