HOUSES in Oxfordshire take an average of 17 and a half weeks to sell, according to an analysis of the local property market.

House buying firm Property Solvers looked at the time taken to sell 936 homes across OX postcodes between May 2018 and May 2019.

They tracked the moment a property was listed on website Rightmove to the point it was marked as officially sold at the HM Land Registry.

The research found that sellers in OX3, including Headington, Beckley and Elsfield, and OX27, covering Fringford and Marsh Gibbon, had to wait the longest before their properties were sold.

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Of the 45 homes that sold in these areas during the year, it took an average of 22 weeks from listing until completion.

Properties were selling the fastest in the OX49 postcode, covering Watlington and Lewknor. Five homes in this area took eight weeks to sell on average.

Property Solvers co-founder, Ruban Selvanayagam said: “Although there are some natural delays to be expected, it’s surprising that it takes so long for house sales to go through – especially in the digital age we live in.”

“Whilst it’s true that the estate agency, conveyancing and mortgage industries continue to embrace the benefits of tech, much work needs to be done to overcome the friction across house sale chains.”

To see how long it takes to sell a house in your area go to propertysolvers.co.uk/local-house-market-insights/