Posts with tag: schools

Why it’s Best to Complete a Property Sale During School Holidays

Published On: September 5, 2017 at 8:07 am


Categories: Property News

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With the summer school holidays now officially at an end for most, it may be wise to wait for the next break before completing a property sale…

Why it's Best to Complete a Property Sale During School Holidays

Why it’s Best to Complete a Property Sale During School Holidays

Online estate agent has assessed the best time of year to list your property, in order to achieve the highest price across the coming school year.

It looked at price paid data from the Land Registry across all school holidays and term time, to see when it is best to list your property and take advantage of fluctuating price bands during the school year.

With most children heading back to school this week, it can be a manic time for many, so a property sale can often take a backseat. This is evident in that the first autumn term sees the lowest average price paid for property throughout the year (£271,028).

Although a much higher number of properties are sold during the longer term times, the average sold price in term-time is £296,128 – £12,000 less than school holidays prices (£308,150).

The best time of year to complete on a property sale is during the Easter holidays, with the average sold price reaching £398,041. The spring term leading up to Easter is the second highest, at £324,632, with the spring half-term (£323,052), autumn half-term (£303,003) and Christmas school holidays (£300,367) also providing the best windows to achieve a higher price.

So, if you want to sell before 2017 is up, getting your property ready to list now is your best chance to achieve the highest sold price possible – it takes around six weeks to complete and around two months to sell, according to Rightmove.

While it may seem a long way away for those going back to school this week, the autumn half-term and a 12% higher sale price are just seven weeks away. Therefore, if you’re waiting to put a property on the market, now is your best opportunity to achieve a higher price – either during the half-term break or the Christmas holidays – without holding out until spring 2018.

The Founder and CEO of eMoov, Russell Quirk, comments: “As we wave goodbye to summer and finally see the kids return to school, many will pause for a breath and a well-deserved cup of tea. However, for those of us with a property sale forthcoming, our attention will soon be drawn to when to sell, with an eye on completing before Christmas.

“Whilst the Christmas break offers an opportunity to get a sale over the line and for a marginally higher sold price, when combined with the additional stress of the festive period, it can be a tough ask. As this research shows, the best window to aim for, albeit a smaller one, is the autumn half-term.”

He adds: “Of course, you can never say for sure how long a sale will take, as each is individual, but as a good rule of thumb, getting the preparation of floor plans and photos out of the way now, puts you in a very good position once the market picks up mid-term and continues to do so right up until Christmas.”


The Best Locations for Good Schools and Low Property Prices

Published On: August 16, 2016 at 8:35 am


Categories: Property News

Tags: ,,,

The latest report from hybrid estate agent, the Schools Performance and Property Price Index, highlights the best locations across the country for both good schools and low property prices.

The agent analysed the average GCSE score obtained by pupils at the top 100 schools in England and compared it to the average house price in the surrounding area. It then reduced the list to the top 50, based on

The Best Locations for Good Schools and Low Property Prices

The Best Locations for Good Schools and Low Property Prices

the property price per GCSE point (PPGP).

Last year’s winner, the King Edward VI Handsworth School in Birmingham, was knocked off the top spot by just £1 this year.

2016’s winner is the Heckmondwike Grammar School in Kirklees, West Yorkshire. Pupils at the school achieved an average GCSE score of 616.1, and the average property price in the area is just £113,507, giving the school a PPGP of £184 – the lowest in England.

Heckmondwike and King Edward VI Handsworth are joined in the top three by The Blue Coat School in Liverpool, which is the only other school to offer a PPGP below £200 (£198).

Despite missing out on the top spot, Birmingham is also home to two more of the top ten schools. The King Edward VI Five Ways School came in fourth place, with a PPGP of £230, while the King Edward VI Aston School had a PPGP of £263, putting it in eighth.

The top ten is completed by the North Halifax Grammar School in fifth, with a PPGP of £246, Devonport High School for Girls in Plymouth in sixth, at £250, Queen Mary’s Grammar School in Walsall in seventh, at £256, Bacup and Rawtenstall Grammar School in Rossendale in ninth, at £264, and the Lancaster Girls’ Grammar School coming in tenth at £271.

The founder and CEO of eMoov, Russell Quirk, comments: “Choosing a school is one of those life mile markets that often goes hand-in-hand with moving house, so doing your research into both can make a big difference in securing a good education for your child and a realistic move for your family as a whole.

“The stress of moving, coupled with the restrictions of catchment areas, can be a minefield, so often it’s necessary to have a third and fourth plan let alone a second. The main thing to remember in both instances is to keep a calm head and persevere, and so we hope this research can help people to do so.”

If you’re seeking a family home, look to the areas and schools highlighted in the new research.

Equally, if you are a landlord looking to purchase an investment property, be aware that these locations may attract high demand from family tenants.