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Knight Frank research: May is the best time to sell property

Carsten Swift, Associate at Knight Frank talks us through the recent analysis from Knight Frank and why it suggests that May is the best month to sell a UK residential property.

When is the best time to sell a property?

Analysis from Knight Frank has shown that on average the month of May sees more properties go under offer than any other month.

The data (averaged sold subject to contract ‘SSTC’ figures from 2015-2018) shows that almost 10% of homes in the UK are sold in May with second and third busiest months in July and April respectively. 

Grainne Gilmore, Head of UK Residential Research, Knight Frank:

“With May approaching, the data suggests that now is the time to act if you wish to hit the sweet spot for selling."

The number of people registering interest in buying a property is continuing to grow, and vendors keen to sell may be well placed as agents report correctly priced homes are gaining strong interest.

In many locations around the UK there are many more buyers than there are new homes coming to the market, so despite the uncertainty around Brexit and wider market conditions, there are some lucrative sales being made by savvy sellers.

Christopher Dawe, Partner, Country Business, Knight Frank:

“Trying to convince someone to move house during the depths of winter isn’t easy, which is why the property market springs to life as soon as the weather starts to improve.

House hunting during the spring comes with a sense of romance that you don’t quite find in the winter months. Being able to amble around your new prospective neighbourhood, check out the local pub, and enjoy the life and colour that comes with the spring-time, makes house hunting a popular pursuit during the month of May. 

Which is the best month to sell a property?

Properties sold subject to contract, monthly % share of annual total (2015-2018 data)

Month  UK
January 6.4%
February 8.5%
March 9.0%
April 9.4%
May 9.8%
June 8.3%
July 9.6%
August 8.8%
September 8.2%
October 8.7%
November 7.7%
December 5.8%

Source: Knight Frank and Rightmove

Thinking of selling your property and downsizing to an Audley Village? Then search on our properties finder now and ask about our part exchange option.

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Want to get paid £250 to cook from home? Share your best recreation of one of our michelin-style recipes and include #MichelinFromHome to apply! To enter: 🍳Recreate one of the Michelin Style Recipes From Audley Villages at home and snap your best photo, see recipes here: http://audleyvillages.co.uk/michelin-from-home (link is also in our bio) 💙Follow and share it with @AudleyVillages on social media using the hashtag #MichelinFromHome The successful applicant will be selected based on the photo of your michelin style dish at the end of the application period. Goodluck! Applications are now open to UK residents above 18 years old. T&C's apply. #MichelinFromHome 14
LEAMINGTON SPA | Part of our interior design brief is incorporating the local area and the history in to the design for each village just like this fabulous poster in our sales apartment at Audley Binswood. • • • • • #leamingtonspa #binswoodhall #binswood #audleyvilages #retirementliving #retirementvilage #retirementplanning #interiordesigner
BLACK | An extremely popular trend at the moment is monochrome interiors, it can added for pop of depth to a room or to contrast. Our interior designer added this tea set to our show apartment at Audley Binswood. • • • • • • #audleyvillages #interiordesign #interior123 #interiordesigner #interiorstyling #monochrome #designinspiration #monochromatic @interiordesignideas @interiordesignmag
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LIGHTING | Something you might have noticed if you’ve visited multiple Audley Village’s is that out lighting is always a main feature in our rooms, they compliment and finish the look beautifully. • • • • • #audleyvillages #interiordesign123 #interiorstyling #deisgner #lighting #chandeliers #interior_design #Redwood #retirementvillage #retirementliving
CHARACTER | Keeping the character of the original building but adding the Audley signature style to bring the village to life. • • • • • #audleyvillages #character #interiordesigner #refurb #interior123 #designinspiration #retirement #chaingingperspective
THE MONTFORT | The stunning bar area at Audley Stanbridge Earls. Interiors by: @bernardinteriors • • • • • #interiordesign #interiors123 #audleyvillages #retirementlife #bardesign #personalisedinteriors #refurbished #original #stanbridgeearls #romsey
FINAL PHASE | The first nine spacious new houses are now ready in the final phase at Audley Chalfont Dene. • • • • #audleyvillages #togetherathome #newproperties #retirementvillage #chalfontdene #chalfontstgiles #retirementplanning
LONDON | Audley Nightingale Place the latest village within the Audley portfolio. This will be the bar area soon to be filled with the most delicious wines, spirits and importantly coffee! • • • • • #audleyvillages #retirement #london #claphamcommon #interiordesign #interiors123 #interiordesign #londonproperty #retirementvillage 5
SNEAK PEEK | Audley Nightingale Place, Clapham. • • • • • • #audleyvillages #claphamcommon #london #firstlondonvillage #retirementliving #londonproperty #retirementcommunities 1
BOOK CLUB | one of our owners favourite spots at Audley Ellerslie, Malvern. • • • • #ellerslie #audleyellerslie #malvern #librarydesign #interior123 #personalised #retirementplanning #retirementlife #bookclub 1
WILLICOMBE PARK | The sun shining over Tunbridge Wells. • • • • • #tunbridgewells #royaltunbridgewells #audleyvillages #willicombepark #retirement #retirementplanning #retiredlife 1
VIEWS | the stunning grounds captured by the General Manager, Thomas at Coopers Hill. 3
LISTED BUILDING | Our properties surround Stanbridge Manor which is a grade II* listed building so it retains the majority of its original features. • • • • • #listedbuilding #audleyvillages #interiordesign #interior123 #retirementvillage #romsey #stanbridgearls