Estate agent fees in IP16 follow the national pattern, with high-street agents typically charging between 1-3% plus VAT of the final sale price. For a property at the IP16 average of £320,475, this translates to fees ranging from approximately £3,845 to £11,536 plus VAT. However, most agents in this area charge around 1-1.5% plus VAT, making typical fees between £3,845 and £5,767. Our analysis shows that agents with stronger local market share, like Flick & Son and Hamilton Smith, typically charge at the higher end of this range but deliver results that justify the investment.
Beyond the percentage fee, some agents charge additional costs for marketing packages, EPCs, or photography. Always ask for a full breakdown of costs before instructing an agent. Comparing at least three agents ensures you get the best value for money. With 23 agents operating in IP16, competition is healthy, and many are willing to negotiate on fees, particularly for higher-value properties or if you are also using them for rental management.
For sellers considering online agents, the fixed-fee model can save significant money, particularly for properties under £200,000. However, remember that you will need to handle viewings yourself or pay additional fees for this service. Our recommendation is to calculate the total cost of each option, including any additional services you would otherwise need to arrange independently, before making your decision.