Time to Sell Analysis for NE16
How long does it take to sell property in NE16?
Selling times for homes in NE16 represent the actual time taken from a property coming onto market to reaching a sold status as tracked in the Home.co.uk property search. Time to Sell is distinct from Time on Market as only properties that have achieved a sold status are included in the analysis.
Overall Time to Sell in NE16 (over last 90 days)
| Total Properties | Mean Selling Time | Median | |
|---|---|---|---|
| Selling time in NE16: | 105 | 106 days | 37 days |
Selling Times in NE16 by Price Band
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| under £100,000 | 11 | 271 days | 30 days |
| £100,000 to £200,000 | 40 | 58 days | 39 days |
| £200,000 to £300,000 | 25 | 90 days | 37 days |
| £300,000 to £400,000 | 17 | 92 days | 21 days |
| £400,000 to £500,000 | 6 | 207 days | 207 days |
| £500,000 to £1,000,000 | 5 | 148 days | 128 days |
| over £1,000,000 | 1 | 68 days | 68 days |
Selling Times in NE16 by Number of Bedrooms
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| One bedroom | 3 | 13 days | 13 days |
| Two bedrooms | 38 | 144 days | 50 days |
| Three bedrooms | 41 | 60 days | 35 days |
| Four bedrooms | 19 | 131 days | 30 days |
| Five bedrooms | 0 | - | - |
Selling Times in NE16 by Property Type
| Properties | Mean Selling Time | Median | |
|---|---|---|---|
| Flat | 14 | 224 days | 23 days |
| Terraced | 0 | - | - |
| Semi-detached | 40 | 68 days | 30 days |
| Detached | 27 | 135 days | 68 days |
Note: The NE16 selling times were calculated by sampling over all properties marked as sold in the Home.co.uk property search in the last 90 days within the postcode.
More Property Data for NE16
See also: Time on Market Report for NE16 over the last year, Current Asking Prices in NE16
Back to: House Prices Menu for NE16