New research has revealed that the South East is the best area in which to sell a house in the UK.
The figures, from HBB Solutions, showed that more houses have been sold in the South East in the past five years than anywhere else.
There has been an annual average of 143,866 homes sold in the region each year - this is 30,000 more than the next highest figure, which was 110,437 in the North West.
Overall in the UK, there has been an average of 986,839 homes sold each year, meaning that the South East accounts for more than 15 per cent of the country’s property sales.
Chris Hodgkinson, Managing Director of House Buyer Bureau, commented: “The South East property market has long been one of the most attractive for UK buyers, particularly those looking from London outwards for greater affordability, more green space, larger homes and a commutable distance to the city.
It offers everything from coastal living, countryside, large towns and rural villages so there really is something to suit everyone, all tied together with great transport links and not to mention many outstanding schools.
As as result, the region has seen the largest number of homes sold in the last five years by quite some margin, but of course, this high demand does come at a cost. While the South East hasn’t surpassed London when it comes to house prices, it has consistently snapped at its heels, boasting the second least affordable market in the UK for quite some time."
Commenting on the country as a whole, he added: “The pandemic property market boom has pushed house prices and transaction levels to record highs over the last two years, but a period of unprecedented boom doesn’t necessarily reveal where the best performing pockets of the housing market are.
"When also taking into account a prolonged period where the market underperformed due to political uncertainty caused by Brexit, we can see which towns and cities have put in the strongest and most consistent performance over a longer period of time.
"That isn’t to say that those areas to have seen the lowest level of sales volumes aren’t desirable, but it highlights the diversity of the market and how one area won’t necessarily enjoy the same boom period as another.
"This is an incredibly important consideration when looking to sell your home as these granular levels of market activity and the prices achieved locally are the factors that will impact your chances of selling, not the benchmark set by the UK average.”