Selling with noisy road

[citygirl1234567]

Hi,

We live in 4bed house in catchment of 2 desirable schools, fast train line to London. House is in great condition, but back garden faces fairly busy, 30mph road.
We had house on the market and 'sold' to cash buyer for 630k last Feb, also had FTB offer at 600k. House sale fell through as cash buyer wasn't a cash buyer. Then had personal circumstances which meant we had to pull the house off the market.

We just listed again. Agent wanted to put it on at 650k 🙄, we have agreed to 625k.
Managed to sort open day for 10 buyers (house on RM for 2 days). Feedback is mostly that house is nice but road is putting everyone off. We are clearly attracting potential purchasers as some more potential buyers this weekend, but road noise seems to be a surprise even though it's on RM map showing where house is.

We can afford rate rise, so not forced seller as such but my kids are autistic so would like to move somewhere very quiet asap.

I'm well aware of falling market, the question really is, how much do we drop the price?
I was thinking £575k?

Thanks

Seems a bit drastic to suddenly drop £50K off the asking price within a week of putting it on the market.
I think that would make me question what was wrong with it even more.

Don’t drop the price while you’re still getting lots of viewings. Not everyone minds a busy road and the price must be competitively pitched already to have had such a lot of early interest.
Give it at least 4 weeks on the market and then reassess.

Wait. You will find a buyer who does not mind the noise. We did…house was in earshot of M25.

We sold last summer, house was rural, no nbs, some land, but fronted right onto busy A road (about 2 meters back). The noise had gradually got worse when the road was resurfaced and 20mph limits with cameras introduced in the villages at either end of this 2 mile stretch, resulting in pissed off drivers going at 80 while they could. Hence our moving. We were worried about being able to sell, but had about 25 viewings over 2 days - strangely some said the road was very off-putting, others did not seem to notice or did not mention it. We had 3 offers on the second day of viewings, the best one 80k over asking to our astonishment. No accounting for people!

I haven't considered that perspective. Thank you.

Meant for UsingChangeofName

Thanks for reassurance re noise all