What are the most popular properties and areas to live in?
Friday, April 21, 2017
Are you selling an in-demand property-type? Are you looking for a home in a sought-after area? According to a recent survey by Relocation Agent Network, the type of property and area that buyers are looking to move to has remained largely unchanged when compared to seven years ago.
Taken amongst Relocation Agent Network members across England, Scotland and Wales (including us), the survey not only found that two to three bedroom houses were the most in demand in 2010, but they are the most sought-after property this year too. Indeed, over 81% of survey respondents – the vast majority – indicated that two to three bedroom houses were the most in demand so far this year. That’s just one percentage point (82%) below what respondents indicated in 2010.
City Centre vs Suburbs
The most popular area-types also remained relatively unchanged, with respondents rating ‘suburban areas’ and ‘town/city centres’ as the top two “in demand areas” for both 2010 and 2017. Interestingly this year, suburban living climbed 11 percentage points (57%). This was compared to 46% of 2010 respondents indicating that the suburbs were the most popular area-type. And the number of people searching for properties in rural areas actually fell this year to 3%, compared to 11% seven years ago.
Thinking of selling? The Frost Partnership is a selected member of Relocation Agent Network, who has chosen us as our network area’s Local Expert, based on our customer service and a variety of other criteria. Not only does this prove our credentials as one of the area’s leading estate agents, but through our Network membership, we are able to offer sellers a completely unique channel of buyer that no other estate agent in our area can provide. Click here or contact your local Frost office to find out more.