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Selling your Home in Fulham
Fulham’s leafy streets boast a beautiful selection of older Victorian and Edwardian properties, as well as some stylish new builds. Residents can also enjoy Fulham’s peaceful green spaces, from Bishops Park alongside the Thames, to Eel Brook Common on New King’s Road.
If you’re selling your property in Fulham, you’ll find it’s in high demand by young families who are attracted to the area’s popular schools and outdoor spaces.
Property Market Conditions in Fulham
Typically, the summer lettings market is very busy, with many applicants moving to London for the first time and existing tenants looking to move house due to lifestyle changes. There is also some added pressure on the supply of rental properties in Fulham, as many renters are choosing to renew their current contracts, leading to a drop in supply.
The lettings market is set to become even busier as we start to see a significant shift in activity within the market. Many families are looking to secure property now, in time for the new school year and before the holidays; there is also a surge in new corporate families relocating. A number of businesses are now placing their employees in family homes for longer periods of time.
The Fulham sales market has mainly been driven by flats this year, but there is a much higher demand for larger family homes, and with the lack of houses on the market, competitive bidding situations have arisen. Some houses are selling within mere days of coming to the market. Many applicants who have been feeling uncertain are now much more at ease with the current market and have confidence in their buying decisions.
Prices are starting to rise again in West London, but the greatest change since the last quarter is the confidence buyers have to secure a property, pay a completive price and make a quicker decision. Supply and demand will continue to be an issue in the area in the coming months, as more buyers fall in love with the diverse array of properties we have available.
Property Valuation Fulham
D&G has noticed an increase in buyer and tenant demand this year, with our offices reporting 20-30% more applicants. We’re also seeing more above-asking-price sales and sealed bids across our network. These are very positive signs for West London residents looking to sell their homes.
For those wanting to know, “how much is my home worth in Fulham?” speak to D&G’s estate agents in Fulham for an expert valuation on your property. Our agents will make sure that your property is shown to the right buyers, so you get the best possible value.
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