Whether you are buying or selling, it is helpful to know what people are looking for in the market.
If you are selling property, when you know what buyers want, you can tailor your property to them. If you are looking to buy property, you know what your competition is. Also, you might find searches that you have forgotten or overlooked.
Information provided by Good Move offers insight into what buyers were looking for, and how this differs from previous years.
The searches which experienced the highest growth compared to the previous year are as follows:
· Apartment with balcony (147%)
· Apartment with hot tub (139%)
· House with tennis court (127%)
· House with swimming pool (109%)
· House with driveway (107%)
According to Zoopla as of the end of 2020, there were 625 properties listed for sale in Finchley. When you search for Finchley property using the term “balcony”, 125 properties are returned. When entering the term “driveway”, 45 properties are returned.
Entering the search term “swimming” brings back 20 results and “tennis” brings back 9 results. Of course, these searches don’t necessarily mean that the property has a swimming pool or tennis court, it might simply mean the property listing details a nearby pool or court.
People need functionality at home these days
Other increases worth paying attention to are functional searches. There was a 106% increase in searches for a driveway, a 101% increase with respect to conservatories and there was a 77% increase in searches for a double garage.
Property types in demand
Searches for “2-bedroom house for sale” rose by 64% compared to the 2019 figures. Searches for “2-bed house for sale” rose by 47% compared to the previous years’ figures.
Nima Ghasri, Director at Good Move, comments: “Against all odds, this year has positively impacted the UK housing market and completely transformed the way buyers and sellers look at properties. More and more people are moving away from flats and apartments and into homes with outdoor space, and we’ve also seen many people looking to move away from cities into more rural areas.”
Nima Ghasri also said; “As we approach the New Year, we wanted to look back on the year in property search and reveal what potential buyers were actually looking for this year. It’s interesting to see that they have been searching for more luxurious features such as a swimming pool and tennis court, no doubt due to the increase of time spent at home and leisure facilities closing due to the pandemic. It’s also fascinating to see the areas where people are searching for properties the most, with South-East and Northern England the two hotspots. As we move into 2021, we look forward to seeing how the property market adapts to buyer’s needs.”
If you have any questions about the housing market, or you need assistance, please contact David Harris & Co today.
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At David Harris &Co, we want to make sure you make informed decisions in the property market.
Whether you are buying or selling, it is helpful to know what people are looking for in the market.
If you are selling property, when you know what buyers want, you can tailor your property to them. If you are looking to buy property, you know what your competition is. Also, you might find searches that you have forgotten or overlooked.
Information provided by Good Move offers insight into what buyers were looking for, and how this differs from previous years.
The searches which experienced the highest growth compared to the previous year are as follows:
· Apartment with balcony (147%)
· Apartment with hot tub (139%)
· House with tennis court (127%)
· House with swimming pool (109%)
· House with driveway (107%)
According to Zoopla as of the end of 2020, there were 625 properties listed for sale in Finchley. When you search for Finchley property using the term “balcony”, 125 properties are returned. When entering the term “driveway”, 45 properties are returned.
Entering the search term “swimming” brings back 20 results and “tennis” brings back 9 results. Of course, these searches don’t necessarily mean that the property has a swimming pool or tennis court, it might simply mean the property listing details a nearby pool or court.
People need functionality at home these days
Other increases worth paying attention to are functional searches. There was a 106% increase in searches for a driveway, a 101% increase with respect to conservatories and there was a 77% increase in searches for a double garage.
Property types in demand
Searches for “2-bedroom house for sale” rose by 64% compared to the 2019 figures. Searches for “2-bed house for sale” rose by 47% compared to the previous years’ figures.
Nima Ghasri, Director at Good Move, comments: “Against all odds, this year has positively impacted the UK housing market and completely transformed the way buyers and sellers look at properties. More and more people are moving away from flats and apartments and into homes with outdoor space, and we’ve also seen many people looking to move away from cities into more rural areas.”
Nima Ghasri also said; “As we approach the New Year, we wanted to look back on the year in property search and reveal what potential buyers were actually looking for this year. It’s interesting to see that they have been searching for more luxurious features such as a swimming pool and tennis court, no doubt due to the increase of time spent at home and leisure facilities closing due to the pandemic. It’s also fascinating to see the areas where people are searching for properties the most, with South-East and Northern England the two hotspots. As we move into 2021, we look forward to seeing how the property market adapts to buyer’s needs.”
If you have any questions about the housing market, or you need assistance, please contact David Harris & Co today.
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