These are the Sheffield postcodes where houses are selling the fastest and the slowest
A new set of data from a professional house buying firm has revealed the Sheffield postcodes where houses are selling the fastest and the slowest.
Property Solvers’ speed of sale tool, which you can visit here, has revealed that it takes an average of 130 days to sell a property in the Sheffield (S) postcodes.
Updated monthly, the latest dataset analysed over 1,443 property sales across the region between February 2020 and February 2021.
The statistics track the moment a property is listed on the UK’s largest property portal Rightmove to the point it’s marked as officially ‘sold’ at the HM Land Registry.
Property Solvers co-founder, Ruban Selvanayagam said: “Although buyer demand hasn’t waned over the course of the pandemic, the length of time for transactions to complete has certainly lengthened.”
“Operational activity has still pretty much continued, but the home sales industry – like many others – has had to learn to adapt over the last year. Many solicitors, mortgage brokers and other professionals in our sector have been working from home which has often resulted in administrative and other operational delays.
Properties were selling the fastest in the S2, S4, S8 and S14 postcodes. 48 homes in these areas took 102 days to sell on average.
Homes were found to sell the slowest in the S3 area of the city, where properties took an average of 213 days to sell on average.
The other Sheffield postcodes where properties sold the slowest were S7, S20 and S21 postcodes, where out of the 38 tracked properties in the 12 months to February 2020, home sellers were waiting 168 days on average from listing to completion.
Mr Selvanayagam added: “With positive news around the vaccine roll-out, as more people gradually return to offices and agencies, we’re cautiously optimistic about things picking up over the course of the year.”
Below is every Sheffield postcode and the average amount of time it takes to sell a property in those areas.
1, S4 (Grimesthorpe, Pitsmoor, Crab Tree, Brightside) - 98 days
2, S14 (Gleadless Valley) - 101 days
3, S2 (Arbourthorne, Heeley, Highfield, Manor, Norfolk Park, Wybourn, Park Hill, Castleback, Deep Pit, Cutler's View, Woodthorpe, Lowfield, Heeley Green, Newfield Green, Parkway) - 106 days
4, S8 (Batemoor, Beauchief, Greenhill, Jordanthorpe, Lowedges, Meersbrook, Norton, Norton Lees, Woodseats, Meadowhead) - 112 days
5, S18 (Dronfield, Dronfield Woodhouse) - 124 days
6, S10 (Broomhill, Broomhall, Crookes, Crookesmoor, Crosspool, Fulwood, Ranmoor, Endcliffe, Hallam Head, Steel Bank) - 125 days
7, S13 (Fence, Handsworth, Richmond, Woodhouse, Woodhouse Mill, Normanton Spring, Woodthorpe) - 127 days
8, S6 – (Bradfield, Dungworth, Hillsborough, Holdworth, Hollow Meadows, Loxley, Malin Bridge, Middlewood, Stannington, Storrs, Upperthorpe, Walkley, Wadsley Bridge, Wisewood, Wadsley, Fox Hill) – 132 days
9, S5 (Firth Park, Fir Vale, Longley, Shirecliffe, Shiregreen, Southey Green, Parson Cross, Wincobank, Norwood, Lane Top, Pismire Hill) - 134 days
10, S9 (Attercliffe, Brightside, Darnall, Meadowhall, Tinsley, Wincobank, Tinsley, Newhall, Greenland, Handsworth Hill, Lower Don Valley) and S17 (Dore, Totley, Bradway, Totley Brook, Totley Rise) - 136 days
11, S12 (Birley, Gleadless, Gleadless Townend, Frecheville, Hackenthorpe, Intake, Ridgeway, Hollins End, Highlane) - 141 days
12, S20 (Beighton, Crystal Peaks, Halfway, Mosborough, Owlthorpe, Sothall, Waterthorpe, Westfield, Plumbley, Holbrook) - 143 days
13, S7 (Abbeydale, Carter Knowle, Nether Edge, Millhouses, Beauchief) - 149 days
14, S3 (Broomhall, Burngreave, Neepsend, Netherthorpe, Kelham Island, West Bar, Parkwood Springs, Wicker, Millsands, West Bar) - 213 days