PROFESSIONAL house buying firm Property Solvers has revealed that it is taking an average of just over 17 weeks to sell a property in the Bradford (BD) postcodes.

Updated monthly, the local house market insights tool last analysed over 1,042 property sales across the region between May 2018 and May 2019.

The data tracks the moment a property is listed on the UK’s largest property portal Rightmove to the point it is marked as officially ‘sold’ at the HM Land Registry.

In the BD1, BD5 and BD9 postcodes, out of the 25 tracked properties in the 12 months to May 2019, home sellers were waiting between 20 and 24 weeks on average from listing to completion.


Properties were selling the fastest in the BD23 postcode. 65 homes in this area took 13 weeks to sell on average. In the BD19 and BD22 postcodes, 133 properties took an average of 15 weeks to sell from start to finish.

Property Solvers co-founder Ruban Selvanayagam said: “Although there are some natural delays to be expected, it’s surprising that it takes so long for house sales to go through – especially in the digital age we live in.

“Whilst it’s true that the estate agency, conveyancing and mortgage industries continue to embrace the benefits of tech, much work needs to be done to overcome the friction across house sale chains.”

He continued: “As a fast house sale company, we buy for cash and take on several risks which means our transactions are completed in as little as seven days. However, we’re a business and we wouldn’t suggest that most buyers follow the same path as us.”

In a separate survey Zoopla revealed that Bradford is the fifth slowest city for the time it takes for sales.

It said on average it takes 64 days to sell a property in the city at an average price of £135,798

Scotland has Britain's fastest-moving property market, with homes in Edinburgh and Falkirk taking just under four weeks - 28 days - to sell on average, analysis by Zoopla found.

At the other end of the spectrum, homes in Blackpool take the longest to go under offer at 71 days on average, a day longer than properties in London.

Homes across Scotland take 42 days to sell on average with the West Midlands has the next fastest region for selling times, at 46 days.

Zoopla, which analysed home sales in the 50 biggest towns and cities, said across Yorkshire and the Humber, the average selling period is 54 days at an average price of £183,347.

Annabel Dixon, a spokeswoman for Zoopla, said: "The key is to get your pricing correct, meaning the best way to sell your home quickly is to ask for its true value given the current market.

"Over-priced homes won't shift and may have to be discounted and on the flip side nobody wants to sell for less than their property is worth."