Are you planning to buy or sell a property in Doncaster? It’s essential to have a clear understanding of the current property market trends in the area. In this article, we will provide you with a comprehensive analysis of the property prices in Doncaster, including the average house prices, market trends, and the time it takes to sell a property.
The Average House Prices in Doncaster
According to the latest data from the Land Registry and the UK’s largest online property portals, the average sold price of properties in Doncaster is £205,960. The average time it takes to sell a property in Doncaster is 14 weeks, which is a crucial factor to consider when buying or selling a property.
If you are looking to buy a detached house in Doncaster, the average sold price is £270,667. On the other hand, flats in Doncaster have an average sold price of £126,000. It’s important to note that asking prices in Doncaster have decreased by an average of -1.7% in the past six months.
House Prices in Doncaster by Size
The average sold prices of properties in Doncaster vary depending on the number of bedrooms. Here’s a breakdown of the average sold prices in Doncaster by the size of the property:As you can see from the table, the average sold price increases as the number of bedrooms increases. If you are planning to buy a property in Doncaster, this table can help you determine the size of the property that you can afford within your budget.
The Change in Property Prices in Doncaster
One of the crucial factors to consider when buying or selling a property in Doncaster is the change in property prices over time. According to the latest data, the current average listing price of properties in Doncaster is £243,959, which is up by 4.27% since six months ago.
The chart below shows the average listing price for properties in Doncaster:
It’s essential to keep track of the change in property prices in Doncaster to make informed decisions when buying or selling a property.
The Time it Takes to Sell a Property in Doncaster
As mentioned earlier, the average time it takes to sell a property in Doncaster is 14 weeks. This chart shows the average time property listings are online before the property goes under offer or is removed from the market:
It’s important to note that the time it takes to sell a property in Doncaster can vary depending on several factors, such as the location, property type, and the current state of the property market.
Achieving the Asking Price in Doncaster
On average, the asking price of properties in Doncaster is reduced by 1.7%. However, this doesn’t necessarily mean that it’s impossible to achieve the asking price. A good estate agent can value a property accurately and price it accordingly. It’s essential to choose an estate agent with a proven track record of achieving the asking price for their clients.
Properties for Sale in Doncaster
If you are planning to buy a property in Doncaster, it’s crucial to have access to the latest properties for sale in the area. According to recent data, 269 estate agents have listed properties for sale in Doncaster in the last six months.
You can compare all estate agents in Doncaster and see which ones could get you the best price, along with reviews from people who’ve worked with them recently.
Conclusion
In conclusion, the current property market trends in Doncaster indicate that it’s a great time to buy or sell a property in the area. The average sold prices of properties in Doncaster vary depending on the size and type of the property. It’s crucial to keep track of the change in property prices over time and work with a reputable estate agent to achieve the asking price.