Our Patch April 2016 | Page 6

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 www.facebook.com/hortonandgarton www.hortonandgarton.co.uk