There's yet another one that's trending at the moment - why isn't my house selling.
If you're wondering this, your house isn’t selling because -
a) Your estate agent is not replying to people when they should. No buyer should have to chase & chase just to ask a question or book a viewing.
b) You've entered into one of those 'modern methods of auction' contracts, which puts off a lot of buyers
c) Your house is too expensive for what people are willing to offer in your area's market.
It's usually the last one.
From tracking the market in my own area for a while now, people massively over estimate what their expensive kitchen or decor taste is worth to a buyer, when buyers might want to put their own stamp on somewhere or might want a hard floor instead carpets everywhere. A seller might love grey neutrals & modern style the house, but many buyers might think it looks clinical or prison-like. You might love your large kitchen and island, but a buyer might prefer a larger living room and think the island is a bit awkward where it is. One person's 'low maintenance garden' is another person's drab yard.
It also seems very common for sellers to underestimate how much renovation and fixing things is going to cost their buyer, so instead of reducing it by 30k compared to the general market, they reduce it only by 5k.
Don't just look at how much people are listing their houses for (they could be listed for a long time), and be aware that estate agents might inflate the realistic selling price in order to get your business. Go on GOV.UK and look at how much houses are actually completing for. There is often a few months' lag before sales prices are uploaded onto the site which is not as useful in a fast changing market, but it will give you an idea of longer term trends.