Attleborough Property Market - Is it a buyers’ or sellers’ market?
Thinking about moving home in Attleborough over the next year? Whether you’re a first-time buyer, landlord, or homeowner, understanding whether today’s market favours buyers or sellers is key. Here’s a closer look at Attleborough’s 2025 property trends and what they mean for you.
Are you considering moving home in Attleborough during the next 6 to 12 months?
You may be an Attleborough landlord deciding whether to grow your portfolio or sell off a few properties. Or you're an Attleborough first-time buyer wondering if now is the right time to move.
Understanding whether the current property market favours buyers or sellers is key to making the right call. If you follow my regular Attleborough property updates, you'll know one of the most reliable ways to assess the market is by looking at the percentage of homes marked as "Sold STC" or "Under Offer" compared to the total number of properties on the market.
Let's show that in practice. In this example, if there are 400 properties on the market in a location, and say 300 properties are for sale, fully available to buy, and the remaining 100 are under offer or sold. 100 as a percentage of 400 gives us a sales percentage of 25%. It is this percentage that strongly indicates the local property market temperature and who holds the upper hand, i.e. buyers or sellers (or somewhere between).
This percentage figure acts as a barometer for market conditions and can be analysed using this table:
· Extreme Buyers' Market (0%-20%)
· Buyers' Market (21%-29%)
· Balanced Market (30%-40%)
· Sellers' Market (41%-49%)
· Hot Sellers' Market (50%-59%)
· Extreme Sellers' Market (60%+)
How Does Attleborough Compare?
Examining historical data from The Advisory's website, which has tracked this metric for years, reveals some key trends for each month in 2025. (For this exercise, Attleborough is NR17).
· January 2025. 45% of properties were Sold STC or Under Offer, placing Attleborough in a sellers’ market. Sellers began the year with a modest advantage.
· February 2025. 40%, a decline from January. This shifted the market into a balanced market, where buyers and sellers were on more equal footing.
· March 2025. 40%, unchanged from February. The market held steady in a balanced market, showing stability rather than change.
· April 2025. 39%, a slight decrease from March. The town remained in a balanced market, suggesting buyers had a little more room to negotiate.
· May 2025. 37%, a further small drop. The market continued within the balanced market range, emphasising the importance of realistic pricing.
· June 2025. 35%, edging down again from May. The market stayed in a balanced market, reflecting a period of relative stability rather than momentum in either direction.
· July 2025. 39%, a rise from June. This moved the market closer to the upper end of the balanced market category, signalling a modest improvement in activity.
· August 2025. 40%, a slight increase on July. This kept the market firmly in the balanced market range, highlighting stability with no clear dominance from either side.
Overall trend. From January to August 2025, Attleborough’s market fluctuated between 35% and 45%, spanning both the balanced market and sellers’ market categories. The majority of the year has been spent in a balanced market, suggesting neither buyers nor sellers have held a strong advantage. The overall trend points to stability, with only small shifts month to month and conditions that encourage careful negotiation and accurate pricing.
So, what does a 40% "Sold STC to total stock" ratio mean for Attleborough right now?
It places the local market at the upper end of a balanced market, on the cusp of a sellers’ market. Neither side is in complete control; negotiations are tighter, and both buyers and sellers need to bring their best game.
For Attleborough Sellers
We are firmly in a market where patience, presentation, and accurate pricing matter more than ever. Buyers now have a choice, a lot of choice. Simply listing your property and hoping for the best will not cut it.
The homes that sell are those that hit the market with the right price from day one, have high-quality photography, clear floor plans, strong virtual/video tours, and marketing that stretches both online and offline.
Overpricing is the fastest way to stall a sale. Properties that linger usually face price reductions, lose momentum, and invite lower offers. In some cases, that even leads to failed sales before the exchange.
Getting it right at launch is critical.
The good news is the recent interest rate cut provides a welcome tailwind as first-time buyers are seeing lower monthly payments, encouraging more of them into the market and strengthening chains. Also, home movers can access better fixed-rate deals, helping them upsize, remortgage, and release more homes onto the market to buy. Finally, buy-to-let investors in Attleborough's stronger-yielding areas may see the sums stacking up again.
Buyer sentiment is shifting. Rate cuts show the Bank of England wants growth and stability, which converts hesitant "wait and see" buyers into active "let's book a viewing" buyers.
This is not a one-off. The cut follows earlier reductions since late 2024. This means mortgage rates are more palatable, with some two-year fixes, at the time of writing, being below 3.75% on a 60% loan-to-value (LTV) basis, and an impressive 3.86% on a 5-year fixed (60% LTV). For first-time buyers with a 5% deposit, a 3-year fixed 4.78% rate on a 95% LTV mortgage looks pretty fair.
For Attleborough Buyers
The market is calmer than the frenzy of 2021 and 2022. There is time to think, compare, and in some cases negotiate. That does not mean you can wait indefinitely or fire in lowball offers. The best homes are still competitive, but opportunities exist if you are open-minded and look beyond the most sought-after postcodes. Have your mortgage agreement in principle ready before making an offer. It sets you apart and gives sellers confidence. Also, consider widening your search area, as value is often found just beyond the obvious hotspots.
Final Thoughts on the Attleborough Property Market
With inflation rising slightly (meaning interest rates won’t be coming down too much in the near future) and the Government finances looking a little squeaky, while the UK’s (and Attleborough's) property market is enjoying a steadier footing, realistic pricing is the ultimate and most important thing in marketing a property. Remember last month, only 50.9% of homes that left estate agents' books ended up being sold and the homeowner moving (the rest being withdrawn from the market unsold). Of course, you might not get what you would've got a few years ago in the crazy years of 2020 and 2021, but the price you'll have to pay on the next one won't be as much either.
If you are considering a move within the next six months or would like to explore your options, let's talk. And even if you are not moving, I would love to hear your thoughts on where you see the Attleborough market heading.
Call me anytime for a 'property chat', on mobile 07970 203228, the office on 01953 453838, or email tony@millbanks.com .With over 41 years of experience in property sales and marketing, I’m can offer clear guidance and support every step of the way.
Thank you for reading.
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