Regional Update on the Property Market : 2025 vs 2023

Regional Update on the Property Market : 2025 vs 2023

The UK property market continues its upward trend, with 121,665 homes sold subject to contract in May 2025—a 6.3% rise from 2024 and a striking 23.4% increase from May 2023’s total of 98,609. This article explores how different regions are contributing to this growth.

In May 2025, 121,665 homes were sold subject to contract across the UK. That’s 6.3% more than May 2024, and a massive 23.4% jump compared to May 2023 when only 98,609 homes sold.
Zooming in by region, the market uplift is visible everywhere. Here are the regions listed in order of the highest to lowest increase in the number of homes sold (subject to contract) in May 2025 compared to May 2023:
·       East Midlands - Up 30.7%
·       West Midlands - Up 27.9%
·       East Anglia - Up 27.8%
·       North West - Up 27.1%
·       Yorks & Humber - Up 26.3%
·       Wales - Up 25.1%
·       North East - Up 24.5%
·       Scotland - Up 22.6%
·       South East - Up 20.7%
·       South West - Up 16.9%
·       London - Up 15.6%
·       Northern Ireland - Up 14.2%
In Attleborough, we’re seeing this momentum on the ground too. More viewings, more offers, and more homes going under offer. 
But this doesn’t mean the property market is booming. Nationally, only around 54% of homes listed for sale in the past 24 months have actually sold and completed. That means 46% didn’t. They were withdrawn and the homes owners didn’t move, often due to being overpriced.
So yes, homes are selling. But only when sellers are realistic with price and presentation.
If you’re thinking of making a move in Attleborough - or just want a clearer idea of where the market really is - feel free to give me a call or drop me an e-mail to tony@millbanks.com
 


Get in touch with us

As Q2 nears its end, Attleborough’s housing market shows promise, with more homes going under offer in Q1 2025 than in the same period last year. This rise, seen across much of the UK, signals growing buyer confidence and strong market activity.

There is a great deal of upheaval associated with moving house, which is particularly amplified when relocating to a new town. This article outlines the key factors to consider when relocating to ensure a smooth transition.

Average rents in Attleborough’s private rental sector have risen 30.7% since 2016, according to TwentyEA and Denton House Research. While this may worry tenants and reassure landlords facing higher costs, the reality is more complex—and context is key to understanding the future of renting.

Why are brand-new homes so much more expensive than older ones? It’s not just about fresh paint and modern fixtures. From rising land prices to the continuing rising cost of materials, I take a look into the reasons behind the new build premium.