New data has been released showing the speed with which houses are sold in different postcode areas - and there’s one place in Swindon where they are flying.

On average, it takes 18.5 weeks to sell a property in Swindon, according to data from professional house-buying firm Property Solvers.

Updated monthly, the latest dataset analysed over 687 property sales across the region between October 2022 and October 2023.

The statistics track the moment a property is listed on the UK’s leading property portals to the point it’s marked as officially ‘sold’ at the HM Land Registry.

But the data only counts sales that actually happen, as at least one in three open market house sales fall through.

In Swindon, houses in Blunsdon take far longer to sell than any other area of the town, taking 60 days (over eight weeks) more than the average.

But the area where houses are selling the fastest is Stratton St Margaret and South Marston, where it takes on average 110 days from when a property is listed on the market to when the sale is complete.

This is 11 weeks faster than it takes to sell a house in Blunsdon.

“The property market is certainly in a different place relative to a couple of years ago,” explained Ruban Selvanayagam from Property Solvers.

"The continued pressures on the mortgage sector and buyers' ability to secure the right kind of finance has resulted in delays with sales completing,”

He added: "Combined with the recognised ‘snail pace’ nature of the conveyancing process, it’s likely that these trends are likely to remain for some time.”

Check the list below to find out how fast houses are selling in your postcode area:

  • SN1 (town centre and Old Town) – properties are taking 119 days to sell on average.
  • SN2 (town centre, Upper Stratton and Kingsdown) – properties are taking 120 days to sell on average.
  • SN3 (Stratton St Margaret and South Marston) – properties are taking 110 days to sell on average.
  • SN4 (Royal Wootton Bassett, Wroughton, Chiseldon and Wanborough)– properties are taking 119 days to sell on average.
  • SN5 (West Swindon and Purton) – properties are taking 115 days to sell on average.
  • SN6 (Highworth, Cricklade, Shrivenham, Watchfield and more) – properties are taking 134 days to sell on average.
  • SN26 (Blunsdon) – properties are taking 190 days to sell on average.