Property(posted 7986 days ago)Telegraph
Saturday 8 June 2002Taking the temperature: Exmouth, Lytham St Anne's, Kennington
(Filed: 05/06/2002)How is the property market bearing up? This week, we take pulse readings from Devon, Lancashire, and London
Exmouth, Devon
Agent: FulfordsNumber of properties on books: 295
How long is average sale? Six to eight weeks, five to six viewings.
Quickest sale this month? Purpose- built, two-bedroom flat in The Avenues. Sold for £132,000 within six hours in response to full-price offer.
What won't budge? A large, detached bungalow with three bedrooms in The Avenues. On for £265,000 since November 2001. Gardens too big for retired couples who are the key buyers looking for this type of property.
What are most buyers looking for? Three-bedroom family house, terraced or semi-detached for between £100,000 and £170,000.
Most expensive property? A barn conversion in the village of Lympstone, three miles from Exmouth. There is a two-bedroom cottage in the grounds of the house with beautiful rural views. Offers invited around £650,000.
Cheapest property? A one-bedroom flat in Exmouth town centre for £54,950.
Lytham St Anne's, Lancashire
Agent: Bradford and Bingley Entwistle GreenNumber of properties on book? 76
How long is average sale? Six weeks, about nine viewings.
Quickest sale this month? A two-bedroom, terraced house in Linden Mews which sold on the same day it went on the market for the asking price of £64,000.
What won't budge? An ex-council, three-bed semi in St Anne's. Been on the market since February for £64,950.
What are most buyers looking for? Three-bedroom properties in St Anne's for between £80,000 and £120,000.
Most expensive property? A detached house on the promenade. It has sea views, a sauna, three bedrooms and a double garage. On the market for £400,000.
Cheapest property? A bedsit in Jubilee cottages, sheltered accommodation for the elderly. On for £22,000.
Kennington, London
Agent: Daniel CobbNumber of properties on books? 40
How long is average sale? Six weeks, 12 viewings.
Quickest sale this month? A three-bedroom house on Lambeth Road on the market for £450,000. It sold in three days to the first person who saw the "For Sale" board go up.
What won't budge? A nicely done-up, two-bedroom flat on a less-than-lovely Kennington street. Been on the market for three months for £325,000.
What are most buyers looking for? Two-bedroom flats with well proportioned rooms close to the Tube for £200,000 to £250,000
Most expensive property? A large, detached, Victorian house with a good-sized garden in Myatt's Fields. On the market for £675,000.
Cheapest property: A one-bedroom, two reception-room flat on Amelia Street for £165,000.