House sales in Bicester are taking up to 142 days on average to be completed, new research shows.

Out of 110 properties tracked in the 12 months to February 2024, home sellers were waiting an average of 136 days from listing to completion in the OX25, OX26, and OX27 postcodes, with the highest average of 142 days in the OX25 postcode.

The fasted selling properties were in OX26 postcode, where 86 homes took an average of 130 days to sell.

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Property Solvers' speed of sale tool has revealed it is taking an average of 19.43 weeks to sell a property in Bicester.

Property Solvers co-founder, Ruban Selvanayagam, said: "Although buyer demand hasn't waned over the course of the pandemic, the length of time for transactions to complete has certainly lengthened."

He explained that many solicitors, mortgage brokers, and other professionals have been working from home, which often resulted in administrative and operational delays.

He added: “However, as more people gradually return to offices and agencies, we’re cautiously optimistic about things picking up over the course of the year.”

Figures are based on monthly updates, with the most recent dataset analysing more than 110 property sales across the region between February 2023 and February 2024.

The statistics track when a property is listed on the UK's largest property portal, Rightmove, to when it is officially marked as 'sold' at the HM Land Registry.