Gerrards Cross has emerged as a sought-after destination for personalised property investments in recent times. Examining the trends over the past 12 months reveals the average duration properties spend on the market in Gerrards Cross:
As of January 2023, the average time to sell a detached home in Gerrards Cross stood at 155 days. This duration has now extended to 189 days. Similarly, semi-detached homes, which took an average of 154 days to sell last year, now require 185 days for a sale.
The inclination toward bespoke homes, characterised by their larger size, introduces complexities during the surveying and conveyancing stages. Factors such as increased financial stakes, heightened buyer inquiries, and the potential for renovation and maintenance work on Victorian-style properties contribute to this extended selling period. Furthermore, the contemporary market values energy efficiency, prompting the need for improvements like low EPCs to enhance the overall appeal of these homes to potential buyers.
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