How does our Shawlands branch stack up?

08/02/2018 12:46:40

Now we are well into 2018 a number of interesting stats have been released in the press recently in relation to the 2017 property market. 

Property portal Rightmove released a list of the Top 10 places where homes have been selling the quickest with a national average of 67 days.  Top of the UK wide list was Livingston (23 days), followed in 2nd place by Edinburgh (34 days) with Falkirk and Glasgow also getting a mention in joint 6th with an average of 36 days. 

In stark contrast, an analysis of Purplebricks listings by City consultancy Jefferies concludes that it sold only 51.6 per cent of its homes within 10 months.

We decided to put our Shawlands branch in the South Side of Glasgow to the test to see how they compare.

Analysing all their sales data between January - December 2017 they took an average of 26.9 days to secure a sale. Some 40 days less than the national average and almost 10 days faster than their Glasgow competitors.

The data also showed that they sold 95.65% of properties they listed during 2017, dwarfing Purplebricks reported figure of 51.6%.

Speed of sale isn’t always the most important factor though, the number 1 priority for most sellers will be achieving the best price and not the fastest sale.  Again, we put the Shawlands branch to the test.

During 2017 they achieved a staggering £298,828 over and above the home report value for their clients, with some of these sales listed below.

Director Craig Smith commented “2017 was an exceptional year for the home seller in the South Side. Supply has been short which has led to fierce competition between buyers and inevitably a closing date scenario for the majority of properties. This generally resulted in a sale of at least 5-10% over the home report value, with some properties selling for substantially more.”

Some highlights from 2017 included: -

Sinclair Drive, Battlefield – Offers Over £159,000 (Home Report £170,000). Sold £210,325 in 9 days

Dinmont Road, Shawlands – Offers Over £149,000 (Home Report £160,000). Sold £175,571 in 9 days

Mansionhouse Gardens, Langside – Offers Over £239,000 (Home Report £255,000). Sold £267,650 in 14 days

Cartside Street, Langside – Offers Over £79,000 (Home Report £88,000). Sold £96,100 in 15 days

Camphill Avenue, Langside – Offers Over £125,000 (Home Report £140,000). Sold £155,000 in 12 days

Garve Avenue, Cathcart – Offers Over £199,000 (Home Report £215,000). Sold £241,241 in 14 days

Greenacres Court, Darnley – Offers Over £129,00 (Home Report £145,000). Sold £160,000 in 10 days

Norham Street, Shawlands – Offers Over £119,000 (Home Report £130,000). Sold £147,000 in 13 days

Auldhouse Road, Newlands – Offers Over £275,000 (Home Report £300,000) Sold £320,000 in 31 days

Kings Park Avenue, Kings Park – Offers Over £199,000 (Home Report £225,000) Sold £245,000 in 6 days

Flowerdale Place, South Park – Offers Over £139,000 (Home Report £150,000) Sold £162,000 in 19 days

St Helens Gardens, Langside – Offers Over £179,995 (Home Report £195,000) Sold £215,500 in 52 days

Bertram Street, Shawlands – Offers Over £139,000 (Home Report £150,000) Sold £167,500 in 12 days

Stanmore Road, Mount Florida – Offers Over £159,000 (Home Report £170,000) Sold £185,200 in 10 days

Albert Avenue, Queens Park – Offers Over £199,000 (Home Report £225,000) Sold £240,000 in 3 days

If you live in the South Side or East Renfrewshire and are thinking of selling, you still have time to take advantage of the Winter Offer at the Shawlands branch.  Contact them now to discuss or arrange your free valuation on 0141 649 7979 or shawlands@scottishpropertycentre.net.

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