COV 19 Update: We are still in a position to facilitate buying and selling property without viewings and will continue to be able to offer sellers the ability to sell their home even as estate agents and property auctions close.
About Newcastle
Newcastle, in Tyne and Wear in North East England is the eighth-most populous urban area in the UK and a member of the UK Core Cities Group and the Eurocities network.
The honour of being given the title of friendliest city in the UK is well deserved but so was its reputation for deprivation, with the demise of the shipyards, during the ‘70s and ‘80s.
And yet that’s been changing for a long-time now. The regeneration of Newcastle has been impressive and now the city can boast of being a centre of excellence for corporate headquarters, learning, digital technology, retail, tourism and cultural centres, contributing more than £13 billion towards the UK’s GVA.
The Time it Takes to Sell a Property in Newcastle
Time to sell figures represent the 90-day period prior to the 21th of April 2020 and are provided by Home.co.uk.
Average Time to Sell
| Mean | Median | |
|---|---|---|
| Selling Time in Newcastle upon Tyne | 127 Days | 51 Days |
Means and Medians
A mean is calculated by adding up all the values and dividing that score by the number of values. It’s what we most commonly think of when we think of an average.
A median is a number found in the exact middle of a set of values.
Both numbers are useful but a mean-average can be heavily influenced by outliers (extreme numbers in the data set) whereas a median-average flattens these outliers out which, in many cases, can help to paint a more real-world picture.
Selling Times in Newcastle by Number of Bedrooms
| Mean | Median | |
|---|---|---|
| One Bedroom | 207 Days | 97 Days |
| Two Bedrooms | 145 Days | 53 Days |
| Three Bedrooms | 108 Days | 46 Days |
| Four Bedrooms | 113 Days | 47 Days |
| Five Bedrooms | 132 Days | 88 Days |
Why Not Use An Estate Agent?
With the average length of time, it generally takes to sell (and buy) properties - whether homes, houses or flats through an agent - standing at 129 days nationally and 127 days in Newcastle, it is easy to see why people are increasingly turning away from agents and towards other means.
An agent will tend to be limited by their business model. Not only do they have to search for homes, houses and flats to sell but they need to search out buyers. And when an agent is selling properties on the open market they have to help the two parties agree on a price, stay in contact with everyone involved and ultimately close the deal.
It's a lengthy process and buyers and sellers alike, often drop out. And while personal contact and the fact that they are close to you might make an agent feel reassuring (yes they understand your area, your road, even) because they have to generally find homeowners to buy their properties they are not efficient at all, in terms of time, and being far from free their price reflects this.
The agent we work with is different, having both the marketing lists to contact buyers and sell properties, houses and flats quickly via an online auction and private lists (with a guide price) but also the means to buy homes and houses in Sheffield (on your road) from their own reserves.
Sold Prices
House Prices in Newcastle
Numbers taken from Zoopla and are for the 12 months prior to 21.04.20.
| Average Price Paid | £207,641 |
| Number of Sales | 3,330 |
| Current Average Value | £216,567 |
| Value Change | £6,455 +3.07% |
House Prices Report - December 2018 to December 2019
From Home.co.uk
| Dec 2018 | Dec 2019 | |
|---|---|---|
| Detached | £287,351 | £307,624 +7% |
| Semi | £170,652 | £177,768 +4% |
| Terraced | £156,952 | £146,423 -7% |
| Flat | £121,541 | £109,569 -10% |
The Best Possible Price
If you want to get the best possible price for your property or properties then to search out, find and contact a good agent who knows your area and road, deals with the kind of property you trying to sell and can find the right buyer at the right price is still a good bet.
But the service isn't free for a seller and the price is still what people are willing to pay for homes.
Our partner will take any property (flats and houses) in any condition and search their own database for potentially interested buyers to search out a risk-free sale at a price that suits.
Selling a House Fast in Newcastle
There are many reasons why people may seek to sell their property and many reasons why selling quickly to a cash buyer might be preferable to the more traditional option of selling through an estate agent.
Most obviously there is the speed-of-sale. With properties in Newcastle taking, on average, 127 days to sell, being able to have the money in the bank in just 7 days could be an attractive option for those who have inherited a property, those who own an empty property that is costing them money, those who need to move quickly because of work commitments or those in financial difficulty with their own home.
But speed isn't everything.
Some properties simply can not be sold through conventional means to homeowners and investors requiring a mortgage. So, if your house is of non-standard construction, has sitting tenants, is in a state of disrepair, has a short lease or is the victim of invasive plants like Japanese Knotweed, you may have little choice but to search for an off-market to a cash buyer.
And selling homes to a cash buyer does not necessarily mean you won't get a good price. You can still get full market value for a house sold in this way. So, increasingly, homeowners, landlords and investors are turning to this method of selling, simply because it is more straightforward and convenient than dealing with estate agents and timewasters.
Read on for an explanation on how it works and what our partner offers for a quick house sale and get in contact if you need to a free consultation to discuss your circumstances and your property.
What's On Offer
Our partner has 3 packages available. They will buy any property in any condition, in 28 days for 100% market value, in 28 days for a fixed-price offer or in 7 days for 80% market value.
For the 28-day fixed-price offer the seller could be entitled to an immediate cash-advance of up to 89% of the value of the property.
You can find out more information on what's on offer here, or if you'd prefer to speak to someone simply fill on the form at the top of this page.
Areas In Newcastle Where We Can Help You Sell Your House Fast.
We can help you sell any house or flat, in any condition around Newcastle upon Tyne, fast! These include but are not limited to:
| Albany | Annitsford | Ashbrooke | Ayton |
| Abbey Farm | Abbey Grange | Arthurs Hill | Backworth |
| Barlow | Barmoor | Barnes | Battlefield |
| Benton Square | Benwell | Bill Quay | Birtley |
| Blackfell | Black Callerton | Blackhall Mill | Blakelaw |
| Blaydon | Blucher | Boldon | Boldon Colliery |
| Branding Village | Brenkley | Brunswick Village | Brunton Bridge |
| Brunton Park | Burradon | Byder | Black Callerton |
| Bells Close | Callerton Lane End | Camperdown | Carr Hill |
| Castletown | Chapel House | Chapel Grange | Chapel Park |
| Chartershaugh | Chopwell | Clara Vale | Claxheugh |
| Cleadon | Coalburns | Colliery Row | Columbia |
| Concord | Cowgate | Cox Green | Coxlodge |
| Crawcrook | Crookhill | Cullercoats | Cragston Park |
| Cradlewell | Cochrane Park | Church Green | Deckham |
| Deptford | Dinnington | Donwell | Doxford Park |
| Dudley | Dunston | Denton Burn | Darras Hall |
| Dissington | Denton Park | Earsdon | East Denton |
| East Holywell | East Rainton | Elswick | Etal Park |
| Farringdon | Fatfield | Fawdon | Felling |
| Fence Houses | Fenham | Ford Estate | Forest Hall |
| Fulwell | Fairways | Four Lane Ends | Gateshead |
| Glebe | Gosforth | Grangetown | Greenside |
| Grindon | Greystone Park | Halls Estate | Harraton |
| Harton | Hastings Hill | Haydon Grange | Hazlerigg |
| Heaton | Hebburn | Hendon | Herrington |
| Hetton-le-Hole | Highfield | High Callerton | High Heaton |
| High Newport | High Spen | Holystone Interchange | Heddon-on-the-Wall |
| Hillsheads | Holywell | Houghton-le-Spring | Jarrow |
| Jesmond | Kenton | Kibblesworth | Killingworth |
| Kingston Park | Kenton Bank Foot | Kenton Bar | Lambton |
| Lamesley | Leadgate | Lemington | Lintzford |
| Longbenton | Low Fell | Little Benton | Marley Hill |
| Marden | Marsden | Melton Park | Millfield |
| Monkseaton | Monkton | Monkwearmouth | Moorside |
| Murton Village | Montagu Estate | Manor Park | Newbottle |
| Newburn | Newcastle | New Herrington | New Horton Grange |
| New Silksworth | New York | Nookside | North Brunton |
| North Shields | North Walbottle | Newcastle Great Park | North Kenton |
| Nuns Moor | Old Hartley | Oxclose | Old Benwell |
| Pallion | Paradise | Pelaw | Pennywell |
| Penshaw | Preston | Palmersville | Philadelphia |
| Prestwick Village | Parklands | Ponteland | Redhouse |
| Rickleton | Roker | Rowlands Gill | Ryhope |
| Ryton | Regent Farm | Red House Farm | Scotswood |
| Seaburn | Seaton Sluice | Seghill | Sheriff Hill |
| Shieldfield | Shiney Row | Shiremoor | Silksworth |
| South Denton | South Hylton | South Shields | Southwick |
| Spital Tongues | Springwell Village | Springwell | Street Gate |
| Sulgrave | Sunderland | Sunniside | Swalwell |
| St John's | Slatyford | South Gosforth | South West Denton |
| Sandyford | Saltmeadows | St Anthony's | Team Colliery |
| Team Valley | Thorney Close | Throckley | Tynemouth |
| Tunstall | Tudor Grange | Teams | Urpeth |
| Usworth | Walker | Walbottle | Wallsend |
| Washington | Westerhope | Westoe | West Holywell |
| West Moor | Whickham | Whitburn | Whitley Bay |
| Wideopen | Willington | Windy Nook | Winlaton Mill |
| Wrekenton | Whitebridge Park | West Denton | Whorlton |
| West Jesmond | Walkerville | Walkergate | West Denton Park |
| West Denton Hall |
Frequently Asked Questions
Can I get a cash advance?
Yes, in many circumstances we can help you secure an immediate cash-advance on completion of an agreement of sale. You could have the money in your bank in days.
How long does it take to sell a house in Newcastle upon Tyne?
The average length of time it takes to sell a house in Newcastle (as of April 2020) is 127 days. That’s 207 days for a one-bedroom, 145 days for two bedrooms, 108 days for three bedroom and 113 days for four bedrooms.
What kinds of property do you deal with?
We work with all types of residential property, in any condition. If the property is in disrepair, suffers damp or invasive weeds, if it is unmortgageable or has sitting tenants, these things are no barrier to sale.
What about the lockdown?
We are still in a position to help you sell your property without viewings, even as estate agents and property auctions remain closed.