Liverpool is experiencing some of the fastest property sales in the UK, with houses in some areas selling at a record rate.
In some postcodes, properties are selling in a matter of weeks, while others are less in demand.
The research has been compiled by housing finance experts, TIC Finance , who found Liverpool is the second best city to be a seller across the country right now.
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The data is based on the market growth rate, the average number of days it takes to sell a property, as well as the average estate agent fee in the area.
According to the findings, over the past year, the market growth rate in Liverpool has risen by 15.70 per cent, with the average property selling in just 21 days.
This is in contrast to cities like London where it took an average of 77 days to sell a property.
Here we take a look at the postcodes where sellers are cashing in quickest and those where houses are taking longer to sell.
L37, which covers the affluent area of Formby, was found to be the fastest selling postcode, with 22 house sales per month and an average asking price of £332,241.
Also in the top three were L18, with an average of 20 house sales per month and the L39 postcode which covers areas in both Merseyside and Lancashire.
On the opposite end of the scale was L27, where three properties sold in a month with an average asking price of £118,235.
You can find the full list below. The final column shows sales per month:
| ||Postcode district||Avg asking price|
Paran Singh, Lead Financial Adviser at TIC Finance said: "The housing market has been through extreme turmoil all throughout the pandemic, with various schemes, rumours and policy changes causing a lot of distress for new home buyers.
"But from a seller’s perspective, the market fluctuations actually provided a lot of new and improved opportunities for a few chosen UK cities.
"Some home sellers are now finding themselves in an excellent position to sell their home, whilst others are experiencing the opposite – which is exactly why we decided to investigate the most up-to-date trends in the UK right now, to give an accurately weighted picture of the best and worst places to currently be a seller.“
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