Figures from property data specialists TwentyEA, gathered by real-time tracking of over 99% of property listings, reveal that buyer demand is 7% higher than this time last year.
Demand is highest in the North West, which saw year-on-year growth of 12% across the region, followed by Wales with 10%. Increases were seen across all price bands, with the highest inclements in the £350k–£1m range (10.8%), followed by £200k–£350k (9.2%).
Price reductions reached record levels in April, with the 104,794 recorded for the month taking the yearly total to date to almost 388,000 – an increase of 20% on this time last year, and the highest figure ever seen by TwentyEA.
However, the company says this is related to the high number of properties for sale rather than a drop in demand.
Katy Billany, executive director of TwentyCi said:
“While price reductions have been an ongoing trend, it’s particularly notable how many were recorded in April, coinciding with the end of the reduced stamp duty rate on March 31.
“We’ll be closely monitoring whether this regulatory change leads to further reductions and a broader cooling of the market. So far this year, however, demand has remained strong. Over 437,000 sales have been agreed – 7.1% higher than in 2024 – marking the highest demand level since 2022.”
