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The UK Property Market Update - Week ending Sunday 16th February 2025

The UK Property Market Update - Week ending Sunday 16th February 2025

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How Often Do Tenants Move Home? A Look Across the UK

Tenant mobility varies widely across the UK, with some regions seeing frequent moves while others have a much more settled rental population. Here’s how often tenants move home in different parts of the country.

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The Rise of the Semi-Detached Home in Northampton

For over a Century, the semi-detached house has been the backbone of the UK property market. More spacious than a terraced house but without the hefty price tag of a detached home, it strikes the perfect balance for families and first-time buyers alike. In many ways, it offers the best of both worlds—a sense of space and privacy while remaining more affordable than its detached counterparts.

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What is February's Average £ per Square Foot?

Welcome back to news of Northampton’s property market, where each week I bring you different local property market stats and trends. This week I am back again with the February's £/sq.ft statistics.

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PROPERTY MARKET 17-2

The UK Property Market Update - Week finishing Sunday 9th February 2025

The UK Property Market Update for the week, finishing Sunday, the 9th February 2025.

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Northampton House Sales Up 17.6% as Interest Rates Fall

The UK property market has taken off strongly in 2025, with January sales 17.2% higher than the same month last year. While the national picture looks positive, the reality on a local level tells its own story. So, what’s really happening in Northampton’s property market right now?

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Northampton Landlords: What’s Happening with Rents Across the UK?

The British rental market has seen some interesting shifts over the past year, with some regions experiencing rapid growth in rents, while others have levelled off or even dipped. For landlords in Northampton, understanding these trends isn’t just about keeping an eye on the regional picture—it’s about recognising where our market fits into the wider landscape.

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bedsales

Do bedrooms affect the saleability of your home?

Bedrooms matter when it comes to selling your home, but not in the way you might think. According to UK Property Market data from Denton House Research, in 2024, homes with three bedrooms have the highest success rate of selling and completing, with 58.9% successfully sold compared to being withdrawn from the market. Two-bedroom homes also perform well, at 56.6%.

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The UK Property Market Update – week finishing Sunday 2nd February 2025

The UK Property Market Update – week finishing Sunday 2nd February 2025

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Northampton’s Rental Market: A Decade of Change

The private rented sector in Northampton has undergone some noticeable shifts over the last ten years, with different areas experiencing varying levels of growth, stability, and decline.

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How will the interest rate cut affect the property market?

The Bank of England has reduced interest rates to 4.5%, marking its third cut in under a year. This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December. While most of the Bank’s nine policymakers supported the move to 4.5%, a minority favoured a more aggressive cut to 4.25%, highlighting the ongoing uncertainty surrounding the UK economy.

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The UK Property Market is Buzzing – But Realistic Pricing Still Reigns Supreme

Great news for homeowners and buyers alike – the UK property market is off to a flying start in 2025! In January alone, there were 20% more homes sold subject to contract compared to the same time last year, with 98,978 properties finding buyers versus 84,509 in January 2024.

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