Most popular homes for sale since the stamp duty cut revealed

Revealed: The 10 most popular homes for sale since the Chancellor’s stamp duty cut last week – with a five-bed in Fleetwood topping the list

  • All 10 of the most viewed homes for sale on Zoopla cost £300,000-£500,000
  • This is where the greatest savings can be made following the cut in stamp duty
  • Last week, the Chancellor cut stamp duty on homes costing up to £500,000
  • Home in Fleetwood, Lancashire, is the most looked at according to data 

The most viewed properties for sale online since the stamp duty announcement last week have been revealed exclusively to MailOnline Property and This is Money.

All 10 of the most popular homes for sale on property website Zoopla cost between £300,000 and £500,000.

This is the price bracket where the greatest savings – up to £15,000 – can be made following the cut in stamp duty.

All 10 of the most viewed homes for sale on property website Zoopla cost between £300,000 and £500,000, including this home in Fleetwood, Lancashire

The most viewed property for sale on Zoopla – in Fleetwood, Lancashire – has far-reaching views of the Irish sea

The Chancellor announced in the mini-budget last week that he would cut stamp duty on main homes costing up to £500,000.

The scheme will also last for more than eight months, with the new thresholds applying until March 31 next year.

The savings are lower for first-time buyers due to the stamp duty relief already in place for them. 

They were already paying no tax up to £300,000 and 5 per cent on the amount from £300,001 to £500,000.

Zoopla said the strongest rise in demand was for homes with an asking price of between the £300,000 and £500,000. 

Demand rose 52 per cent on the afternoon that followed the cut on 8 July, compared to the previous four-week average.

The most viewed homes are spread across England and Wales, including London and Swansea.

Top of the list is a property on the coast in Lancashire, in the town of Fleetwood. The five-bedroom period property has views of the Irish Sea and is on the market for £430,000. 

Nine out of 10 of the most viewed properties were listed on Zoopla since the mini-budget. 

It suggests that sellers have been motivated to bring their properties to market and are aiming to make the most of the buyer demand, Zoopla said.

Gráinne Gilmore, of Zoopla, said: ‘The stamp duty announcement certainly boosted demand in some areas – demand levels were already elevated because of the post-lockdown bounceback.

‘The increase in buyer interest has been particularly evident in price brackets where homemovers and first-time buyers can benefit from some of the largest savings owing to this eight month property tax holiday.

‘As can be seen from the most-viewed properties in this list, vendors putting their homes forward for sale are in a good position to take advantage of the current market conditions.’

The 10 most viewed homes on Zoopla…

1. Five-bed end of terrace in Fleetwood, Lancashire, for £430,000

The most viewed property on Zoopla is this period family home in Fleetwood, Lancashire, which has plenty of original features.

The end of terrace is spread across three floors and boasts views across Marine Hall gardens and the Irish sea. It is on the market for £430,000 and is being sold by Unique estate agents.

Following the Chancellor’s stamp duty cut last week, buyers will save £11,500 in tax on this property.

Stamp duty saving: £11,500 

The end of terrace property in Fleetwood, Lancashire, is for sale for £430,000 via Unique

The family home has plenty of period features, including bay windows and plaster mouldings

The bathroom has a mint-coloured suite and some black tiles 

 2. Three-bed house in Willenhall, West Midlands, for £340,000

The second most viewed house is this three-bedroom house in Willenhall, in the West Midlands, which is for sale for £340,000 via Home4 estate agents.

The detached property is accessed via a gated driveway, where there is space for several cars.

It also comes with a conservatory, a garage with an electric door and a loft with two velux windows.

Stamp duty saving: £7,000 

The detached property in Willenhall, West Midlands, is accessed via a gated driveway

The open-plan living area includes a feature fireplace with a woodburner

A hot tub current occupies some of the space in the garden at the rear of the property

3. Three-bed house in London’s Feltham, with a guide price of £300,000

While this three-bedroom house in London’s Feltham has an attractive guide price of £300,000, buyers will need deeper pockets as the property requires extensive work.

In addition, the end of terrace property is likely to be sold for much more as it is being sold at auction via estate agents Barnard Marcus. 

Stamp duty saving: £5,000

This three-bedroom house in London’s Feltham has an attractive guide price of £300,000

The property needs extensive work and is being sold at auction via Barnard Marcus

There is a scope to have a large conservatory at the property

4. Four-bed house in Penllergaer, Wales, for £300,000

This four-bedroom family home in the village of Penllergaer, near Swansea in Wales is being sold for £300,000 via estate agents Purplebricks. 

Wales has its own stamp duty system, which is separate from the changes introduced by the Chancellor that only applies to properties in England.

The rate payable for properties valued at between £180,000 and £250,000 will be zero from July 27, until the end of March 2021.

Properties in Wales selling for less than £180,000 are already exempt from paying the tax. 

Stamp duty saving: £2,450 (from 27 July)

This four-bedroom family home in the village of Penllergaer is being sold for £300,000

The property is in Wales, which has its own stamp duty system, separate from England

The four-bedroom detached house also has a garden with a stone patio

5. Three-bed house in Harrow, Middlesex, for £450,000

This house in Harrow, Middlesex, has an asking price of £450,000 and is being sold via estate agents Gibbs Gillespie.

The end of terrace property includes three bedrooms, but it requires updating throughout.  

Stamp duty saving: £12,500

This house in Harrow, Middlesex, is for sale for f £450,000 via estate agents Gibbs Gillespie

The three-bedroom  end of terrace property requires some updating

Outside space: There is a garden that would be perfect for a family 

6. Three-bed cottage in Penmaen, Wales, for £375,000

This three-bedroom cottage in Penmaen, Wales, is for sale for £375,000 via estate agents Purplebricks.

It is at the end of a private lane and is near the beach, making coastal walks easily accessible.

As Wales has its own stamp duty rate, it does not benefit from the Chancellor’s recent cut in stamp duty.  

Stamp duty saving: £1,200 (from 27 July) 

Among the most viewed homes is this cottage in Penmaen, which is for sale for £375,000

The interiors include this modern kitchen with grey floors and worktops

The cottage is surrounded by green open spaces, including its own private garden

7. Four-bed house in Ilkeston, Derbyshire, for £339,950

This four-bedroom house in Ilkeston, Derbyshire, is for sale for £339,950 via Margi Willis Estates.

It has four bedrooms, a family bathroom and space for parking at the front.

Outside in the garden at the rear of the property, there is a shed, a double glazed garden room and a separate bar with light and power. 

Stamp duty saving: £6,998 

This four-bedroom house in Ilkeston, Derbyshire, is for sale for £339,950

The interiors including a living area with a feature fireplace

The garden includes a shed, a double glazed garden room and a separate bar with lights

8. Three-bed bungalow in Epsom, Surrey, for £400,000

This semi-detached chalet style home in Epsom, Surrey, is for sale for £400,000 via Cairds Estate Agents.

It has a bedroom and bathroom downstairs, and a further three bedrooms and a shower room upstairs.

There is a private garden, with further outdoor space provided by nearby Epsom Common.

Stamp duty saving: £10,000 

This bungalow in Epsom, Surrey, is for sale for £400,000 via Caird estate agents

The interiors at the semi-detached property require some updating

The property has an attractive garden and is being sold via Cairds Estate Agents

9. Four-bed house in Killay, Wales, for £300,000

This four-bedroom house in Killay, near Swansea in Wales, has an asking price of £300,000 and is being sold via Purplebricks.

It has a pristine interior, with a newly-fitted boiler, designer radiators and a modern kitchen.

Stamp duty saving: £2,450 (from 27 July) 

This four-bedroom house in Killay, near Swansea in Wales, has an asking price of £300,000

It has a pristine interior, with designer radiators and good sized windows

In the garden, the owner currently has a pop-up swimming pool and a hot tub

10.  Three-bed semi-detached house in Dagenham, London, for £375,000

This semi-detached property in Dagenham, famous for the near-by Ford factory and on the outer London/Essex fringes, is for sale for £375,000 via Purplebricks.

It is a family home in a quiet residential turning, and yet it is close to Dagenham East Station. 

Stamp duty saving: £8,750.

This semi-detached property in Dagenham, Essex, is for sale for £375,000

The open-plan living area on the ground floor has a modern kitchen and dining area

Outside, there is a garden with decking and seating for entertaining

Source: Read Full Article