Spring is traditionally the busiest time of year in the English housing market. This wasn’t the case in 2020, for many reasons, but there is optimism and confidence surrounding the spring housing market in 2021.
The stamp duty holiday has been extended, and there is also a tapering off period until the end of September. Between the end of June and the end of September, the nil band rate will be set at £250,000. From October 1st, the nil band reverts back to £125,000.
According to Rightmove, as of the end of March 2021, the Huddersfield housing market can be described as follows:
“Properties in Huddersfield had an overall average price of £179,607 over the last year.
The majority of sales in Huddersfield during the last year were terraced properties, selling for an average price of £121,608. Semi-detached properties sold for an average of £173,347, with detached properties fetching £304,393.
Overall, sold prices in Huddersfield over the last year were 2% up on the previous year and 6% up on the 2018 peak of £169,196.”
Therefore, the average price of property in Huddersfield will still be below the nil band rate until the end of September. This provides more time for local property buyers, which is also positive news for local vendors. If you want to sell your Huddersfield home, you still have time to capitalise on the stamp duty savings.
The sooner you act, the better. This is the ideal time of year to carry out a spring clean of your property, and this is often the starting point in preparing your home for sale.
Some quick tips to consider include:
Make a positive first impression
The outside of your home is as important as the inside. This is the first picture buyers commonly see on property listings, and it is the first thing they see during the viewing process.
Take the time to ensure your garden is well-presented, that the front door and porch area (if applicable) is appealing, and that you have some flowers on show. You don’t need to spend a lot of time turning your garden into a blooming spectacle, but adding colour and vitality makes a big difference in connecting with likely buyers.
Create as much space as you can
Space has always been vital when it comes to selling property, and this is even more the case in 2021. Buyers want additional room around the home, and if you make your home appear to be spacious, you will enhance your chances of connecting with likely buyers.
Choose the right agent
While there are many buyers right now, selling your home remains a competitive market. You need assistance from a local agent who knows what buyers are looking for. We are pleased to say we know the local market well, and we look forward to assisting you connect with likely buyers.
If you are selling your Huddersfield home, contact us today. You can book a valuation or just chat about how we make a difference in selling your home. Of all the estate agents Huddersfield vendors can call on, we like to think we make a difference in selling local homes, so contact ADM Residential today.