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We know that we've found a better way to sell homes — but you don't have to take our word for it. We think our stats speak for themselves.
How do we know that Strike sells homes faster than other leading estate agents? Or that we sell for more? TwentyEA tracks 99% of all active sale and rental properties on the market and is the most comprehensive property and home mover database in the UK. Plus, it's the only property database with whole of UK market coverage. They use over 4,500 different sources of data and their statistics are used by many of the UK's largest property groups, including 16 of the top 20 Estate Agency brands. Their findings have been featured in The Telegraph, The Times, The Financial Times, The Daily Mail, The BBC, and many more. Here's what they found.
We sell faster than any other top 10 estate agent brands in the UK
These tables have a list of the top 10 estate agent brands in the UK, based on the volume of new instructions for sale between August 2020 to July 2021. The first table measures time to sale agreed. The second column lists the average (mean) time to sale agreed, which is defined as the average lag in days between the new instruction and the first sale agreed. Sale agreed is the moment where contracts are exchanged. The list is sorted by the average time to sale agreed, and it clearly highlights that Strike is the #1 estate agent brand, getting to a sale agreed 10 days faster than the next best estate agent brand. The second table uses the same standard to measure how long it takes between new instruction and completion. While sale agreed means the moment contracts are exchanged, sale completed is when the sale is official — and keys change hands. The list is sorted by the average time to complete, and it clearly
highlights that Strike are the #1 estate agent brand, getting their vendor’s home sold in 179.1 days, which is 6.7 days faster than the next best estate agent brand.
We're the fastest-growing estate agent brand out of the top 25 in the UK
This table shows a list of the Top 25 Agent Brands and their corresponding market share in the UK, as well as their growth in market share. Note that market share is defined as the share in new instructions for sale across the whole of the UK. Growth is measured as the percentage difference in market share in Q3 2021 (July 2021 – September 2021) compared to the market share in Q3 2020
(July 2020 – September 2020). The list features the Top 25 Agent Brands, which means that every agent brand not shown in the list is lower than 25th in the New Instructions market share rankings. The chart is ranked by market share percentage change, year-on-year.
We sell for more than any other top estate agent
This is a chart of the top 10 estate agents, based on new instruction volume. The chart looks at AVM — an AVM, or automation valuation model, is a tool that estimates the value of a property, regardless of which agent it's listed with. This is used as a consistent benchmark to compare agents. You can see here that while Strike appears to value properties higher than its competitors relative to the AVM, Strike also sells as close to the AVM as our competitors. So although the reduction rate — how much the price is sometimes lowered by — is roughly the same across all of the agents listed, we sell for more because we start at a higher price. In fact, when looking at the top 10 agents, Strike sells homes for £5,118 more than the average of our competitors. This data was taken from August 2020 to July 2021.
We sell for £6,800 more
This is a chart of all estate agents within the top 20, based on new instruction volume — in order to look at agents similar to Strike, we’ve narrowed it down to agents who list homes with an average listing price of between £200,000 and £300,000 The chart looks at AVM — an AVM, or automation valuation model, is a tool that estimates the value of a property, regardless of which agent it's listed with. This is used as a consistent benchmark to compare agents. You can see here that while Strike appears to value properties higher than its competitors relative to the AVM, Strike also sells as close to the AVM as our competitors. So although the reduction rate — how much the price is sometimes lowered by — is roughly the same across all of the agents listed, we sell for more because we start at a higher price. In fact, when looking at this price range (an average listing price of between £200,000 and £300,000), Strike sells homes for £6800 more than the average of our competitors.
This data was taken from August 2020 to July 2021.
Strike sold over £1.74 billion of property in the last year
This is from internal Strike data — based on the sale price of all property sales that took place in 2021, which totalled over £1.74 billion.
We can save the average Londoner £7,425
This is based on Office of National Statistics data, which put the average price of a house in London at £495,000, as of July 2021. Factoring in an estate agent fee of 1.5% (including VAT), this works out to a savings of £7,425 using Strike's free service.
Rated excellent from over 15,000 reviews on TrustPilot
As of December 2021, we had a 4.7 out of 5 — and over 15,400 reviews. Visit our Trustpilot page to learn more.
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