Thinking of selling or buying a property in Lancashire or Greater Manchester? Here’s what the latest market data from Zoopla tells us about current trends – and what they mean for you.
📈 Market Snapshot: More Sales, Stable Prices
According to Zoopla’s House Price Index (May 2025), the UK housing market is gaining momentum with more homes being sold now than in the past four years. Here’s the breakdown:
- Sales are up by 6% compared to this time last year.
- The average UK home is now valued at £268,250 – a 1.6% year-on-year price increase.
- Northern regions, including parts of Lancashire, are seeing the strongest growth, with prices rising up to 3% annually.
- Buyers are achieving average discounts of 3% off asking prices, showing that homes must be priced realistically to secure a quick sale.
🧭 What This Means for You
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If You’re Selling
- The number of properties for sale has increased, meaning competition is higher.
- Pricing your property right is crucial — especially if you’re targeting serious buyers.
- Expect negotiation: achieving 97% of asking price is now typical.
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If You’re Buying
- More choice is available on the market than at any point in the last two years.
- With stable prices and mortgage conditions improving, now could be a smart time to buy before demand drives up prices.
Local Insight: Chorley & Worsley
Locally, at Clarke Residential, we’re seeing strong buyer interest in Chorley, Worsley, and surrounding areas. Our tailored advice and hands-on support are helping both sellers and buyers make informed, confident decisions in today’s fast-moving market.
📣 Final Thoughts
Whether you’re thinking of selling your home or taking your first step onto the property ladder, now is the time to act. Clarke Residential is here to help guide you through the process with professional insight and personal service.
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