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 That means 46% didn’t. They were withdrawn and the homes owners didn’t move, often due to being overpriced.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

Many are surprised to learn how few £1 million homes actually sell. A seven-figure price tag may seem impressive, but it’s far from a guarantee of a smooth or successful sale.

Setting the asking price is a key decision when selling a home. Data from the past two years shows that, on average, UK homes sell for less than their original asking price—revealing a consistent trend where final sale prices often fall short of initial expectations.

In today’s ever-changing Attleborough property market, understanding local housing data is more than useful—it’s vital. For homeowners and landlords, the right insights into market trends, buyer behaviour, and pricing can make the difference between a smart move and a costly mistake. This week, I dive into the numbers.

If you're an Attleborough homeowner or landlord thinking of selling, you’ve likely wondered how long it might take to find a buyer. Sale times vary by location, property type, and price. I’ve analysed the latest data from 82 local sales agreed during March, April and May of this year to give you a clear breakdown by type and number of bedrooms.