Friday Feeling

We are always looking at new ways to analyse and present data. We have been digging around into the Land Registry data which has revealed a few curious results. In particular, we looked into the day of the week when properties complete.

It is of little surprise that more properties complete on a Friday then any other day in the week. So far in 2017, nearly half of all sales (48%) completed on a Friday. Thursdays accounted for 15% of completions with 12% occurring on Mondays, Tuesdays and Wednesdays.

However, we found the variation by price band interesting. Higher value properties are less likely to complete on a Friday than those in the lower price thresholds. Just a third of sales sold this year and priced at £2 million or more completed on a Friday, compared to over 50% of those priced under £250,000.

    Posted 4th August 2017

    ABOUT THE AUTHOR

    Vicky BibirisManaging Director

    Vicky started with Location Location as a junior negotiator in 2006 and within a short period of time became the top performing sales consultant in the company taking on the role of Branch Manager in 2009. Vicky's exceptional ability is backed up by her infectious enthusiasm for people and property, this led to her becoming Sales Director and equity partner in 2012. Vicky has been an integral part in establishing Location Location's reputation as one of North London's leading estate agents.