Property Market

UK Property Market Soars Above 2023!????

The 2024 UK property market has demonstrated remarkable resilience and growth, outpacing the sales figures achieved in the first two months of 2023, compared to the same two months in 2024. It’s an interesting time for British homeowners and prospective sellers as we observe an upward trajectory across the board.

Leading the surge, London boasts a staggering 19% increase, making it the beacon of the property market’s strength. The South East and East Midlands closely follows with an impressive 15.8% upswing each.

East Anglia and the South West are neck and neck, both celebrating a 12.9% rise. The North East at 12.4% with the West Midlands and Yorkshire & Humberside regions not far behind, with a solid 12.2% increase in property sales.

Wales shows a double-digit jump of 10%, while the North West hits an 11% rise, suggesting a healthy and broad-based recovery. Even Scotland and Northern Ireland, with more modest increases of 5.2% and 6.6% respectively, are partaking in the property market’s success.

As the figures illuminate, the UK property landscape is thriving, with every region showing positive momentum. This paints a hopeful picture for anyone considering selling their property.

It must be remembered though, that there are more properties for sale today compared to 2023, so realistic pricing is vital if you wish to move home.

So, if are you contemplating selling your Chelmsford property, now could be an opportune moment?

For a free, no-obligation valuation and expert guidance through this flourishing market, talk to us, your dedicated Chelmsford Estate Agent.

Call Charles David Casson now on 01245 835859.

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