UK Property Market Update – Week Ending 20th October 2024
Keeping you in the loop with the latest insights from the UK property market. Here’s what’s happening right now:
- 32,500 new listingslast week (5.5% up YTD compared to 2023)
- 26,075 UK homes sold STC(subject to contract) in just one week, bringing this year’s total to 1,045,620 – up from 912,919 last year YTD.
- 724,000 homes for saleacross the UK (compared to 662,000 this time last year).
- Average sold price: £371kwith £340 per sq ft on sale agreed properties.
- Renting?Average UK rent last week was £1,881 pcm.
For those based in Chorley, Leyland and Preston, these national stats reflect trends we’re seeing locally too.
The housing market is constantly evolving, and as a knowledgeable local estate agent, we’recommitted to providing localised updates that matter to our community.
Interested in knowing what these numbers mean for you?
Whether you’re buying, selling, or just curious, follow our weekly updates on the UK market as well as insights into property trends.
Follow our page for the latest local market stats, insights, and tips to help you navigate property decisions with confidence.
Are you thinking of moving home soon and want to know your options? Call us on 01257 273324 for a free home valuation.
