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Liverpool’s Property Boom

Sell My House Quickly in Liverpool

Sell My House Quickly found another interesting article about properties in Liverpool. Homes selling in a single day in Liverpool’s property boom. A Liverpool estate agency says house prices have rocketed in a matter of months.

It’s no secret the last year has been a busy one for the property market, with prices soaring across our region.

Liverpools Property BoomLocal estate agency Liverpool Property Solutions say the past 12 months have been some of the busiest years in their history.

Nationally it is reported house price growth is at its strongest level in more than 13 years.

While here in Merseyside, Liverpool Property Solutions (LPS) say the prices for properties in the area have rocketed by an average of 18% in Liverpool and 17% in Wirral.

In specific cases, some properties have even sold with an increase of 31% compared to last year.

A three bedroom terrace property on Tiverton Street in Wavertree sold with LPS in May for £120,000. Similar houses in the Tiverton Street area were selling for £83,000 in January 2021.

This means there has been a staggering increase of 31% or £40,000 in just a few months.

A three bedroom end of terrace house in Lockfields View sold for £160,000 this year. In the last two years, homes had sold for £136,000 – which is an average increase of 13%.

Meanwhile in Wirral, on Town Lane in Bebington, a three bedroom semi sold for £167,000. According to LPS, these properties were selling for £137,000 in 2020 seeing an increase of 17%.

LPS managing director Joe Gervin said: “Looking specifically at Liverpool, year-on-year house prices have increased by an incredible 18.1% to £156,855.

We found this articles about Homes selling in a single day in Liverpool’s property boom on Liverpool Echo. Kindly click the link to read the full story.

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