Our Patch APRIL 2016
BY ThE nuMBERS
The local letting scene
explained by John Horton
Crossrail could help create £5.5 billion in added value to residential and commercial real
estate along its route between 2012 and 2021. (According to new research for Crossrail
by GVA, the UK’s largest independent commercial property consultant).
How many
offers does each
property receive
from tenants?
What are tenants looking for?
2 bed house
30%
3 bed flat
4 bed house
35%
15%
2 bed flat
25%
3 bed house
35%
An average of
3 offers on every
property
We are achieving 105% (on average) of the listed price
of homes for landlords, thanks to a strong market and
our excellent local knowledge.
At what prices?
How long until properties are let?
House
to let
Flat
to let
1 bed flat
60%
12 days average to see
a house let agreed
7 days average to see
a flat let agreed
House
let
Flat
let
The number
of visitors to
Westfield London
each day
80,000
New laNDlorDS - call the No. 1 local lettings agent - horton and Garton 020 8819 0510
@hortonandgarton
6/7
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