Posted: 26th July 2024

Regional Round Up of the UK Property Market -2024 vs 2023

Regional Round Up of the UK Property Market -2024 vs 2023

Regional Round Up of the UK Property Market -2024 vs 2023

As an estate and letting agent in Ealing and London, it's always exciting to report positive trends in the property market. The first half of 2024 has shown remarkable growth compared to the same period in 2023, highlighting a robust and vibrant housing sector. Every region has seen growth in the number of homes sold stc.

Looking at each region…

- Leading the growth is East Anglia, where house sales surged from 52,573 in Q1/Q2 2023 to 64,722 in the same period of 2024, marking a 23.1% increase. This significant uptick demonstrates the area's appeal to buyers and investors alike.

- In joint second, The East Midlands saw a growth of 17.2%, with sales climbing from 37,650 to 44,115. This is a clear indicator of rising demand and growing confidence in the region.

- Sharing the second place podium is London, which also experienced a 17.2% growth, with sales increasing from 51,984 to 60,914. Despite the city's high prices, its allure remains strong, attracting numerous buyers.

- Next is the South East, with sales up from 79,702 to 93,093, resulting in a 16.8% increase. This region continues to be a hotspot for property buyers.

- The West Midlands also saw a significant increase of 15.8%, with sales up from 41,405 to 47,941.

- In the North West, sales climbed from 56,496 to 65,368, representing a 15.7% increase. This steady growth highlights the region's robust market conditions.

- Yorkshire witnessed a 14.9% growth, with sales increasing from 40,571 to 46,621.

- The North East experienced a growth of 13.1%, with sales going from 20,656 to 23,362. This growth, though smaller compared to other regions, still signifies a positive trend.

- In the South West, sales increased from 53,528 to 60,071, a 12.2% growth.

- Wales experienced an 11.2% increase, with sales rising from 23,339 to 25,948.

- Scotland performed well, with sales increasing from 42,022 to 46,832, an 11.4% growth.

- In last place, yet not least, Ulster saw a modest increase of 10.4%, with sales rising from 11,408 to 12,599.

This positive trend across all regions is excellent news for homeowners and investors alike.

If you're considering moving in the next 6 to 12 months, don't hesitate to give me a call for a no-obligation chat. The current market conditions are favourable, and I'd be delighted to assist you in making the most of this exciting time in Ealing and London’s property market.

Author Homesearch

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I can't speak more highly of the team at Homesearch. When I met Michael to discuss the sale of my home instantly from that meeting, I could tell how knowledgeable they were. From that moment until closing, everything went absolutely flawless. This experience of selling went without a hitch with them giving great tips on preparing my home for viewings. Thank you. I really appreciate all your help during this process. I highly recommend Homesearch to any person who is looking to sell their home or buy a new home.

Loretta Barrett, Seller

I started with two very well known real estates, but I hated it. I was simply another number to them and I didn't feel they were honest and transparent. With HomeSearch I felt comfortable that they were on my side and they were always available to help. The process is hard enough, so having a team who supports you can make such a difference. Highly recommend.

Arian Barvarz, Seller

The reason we chose Homesearch to sell our property was that we liked the straightforward, no-nonsense approach of both Anna and Michael. They gave an honest appraisal of our property and a clear idea of what we could expect to sell it for. In fact, the offer we accepted exceeded our expectations. The sale took longer than we would have liked, due to delays caused by the buyers' solicitor, but Michael was tenacious and must have worn his phone out keeping everyone informed of progress.

Nicola Watson, Seller

Homesearch are hands down the best agent I have ever worked with ! The team helped me in an extremely complex sale. Without the knowledge and experience of the whole team, my sale would not have completed. I dont normally write reviews, only when they are truly deserved. An exceptional team! Very kind and personable, reliable & trustworthy.

Leslie John, Seller

My experience with Homesearch is that they are professional, friendly and go above and beyond to ensure that something stressful like selling a house runs as smoothly and stress free as possible. They work hard to get the results and have kept me updated throughout the process. I honestly could not recommend them enough, they are easily the best company I’ve dealt with in the buying/selling houses field. And to top it all off, they always answer the phone in the most pleasant tone and always provide service with a smile.

Chanelle Hunte, Seller

Homesearch are PROFESSIONALS. I sold my property through Homesearch and I have not dealt with a more competent agency. Every single person  dealt with knew exactly what they were talking about and I can tell that they all have knowledge in the industry and were not just picked up from the street. From the get go I was impressed and I will certainly do business with them again.

Paul Hobbs, Seller

Many thanks Homesearch for locating professional corporate tenants for my property. I am very happy with your property management service as you always ensure that the tenants give the property back in good order at check out. Five Stars!

Maria Foran, Landlord

I have been absolutely delighted with the exceptional service I have received from Homesearch. They have removed all the stress & hassle of renting my property and dealt with all manner of situations I would have struggled with in such a professional & courteous manner. They give valuable unbiased advice with such a wealth of experience. Nothing is ever too much trouble for the staff, who are always friendly & helpful. Homesearch let and managed my property and I am very happy with their property management services, they are very knowledgeable.

Paula Carter, Landlord

Homesearch always do what they say they will do. They are efficient and raise any issues early and provide options to resolve them. Homesearch is very  easy to get hold of and talk to, no matter where I am in the world! My property is well looked after, regarding tradesmen, replacement of items swiftly etc. with the minimum of fuss.

David Connells, Landlord

From our first viewing right through to the present, Home Search were brilliant. They helped make the whole process quick and stress free and even now we are in and settled, they are still happy to assist us with any queries we may have. We couldn't recommend them highly enough.

Julie Maney

Home Search helped us move into our new flat smoothly and Tim was always happy to provide help to put our nerves at ease. Arranging a viewing was easy and Home Search were happy to open after hours for us to sign the paperwork. They were very helpful and often would offer to help! Having moved in we received a lovely card and they have always been swift in communicating with Usif we have any questions. Would recommend it.

Will Houghton

Michael and his team were simply amazing!! They helped us to find the perfect house, offering a nice and attentive service from the beginning through to the end. Thank you so much!! 5 stars service. Highly recommended!!!

Giordana Sicali

Very helpful and friendly staff. Tim, Michael and the team Made the whole renting experience easier.

Amol Sinare

I had a very difficult situation as I did not have a guarantor and my dad was earning enough but was not a homeowner. It took a about 3 weeks but Michael sorted it all out in the end and my dad became my guarantor. I got a lovely home and all the staff were very helpful including Paris, Zainab and Tim. Thank you all very much! Would recommend them to anyone

Misti Chakraborty

On behalf of myself, Noa & Niamh, we would like to start off by saying a massive thank you for the amazing service Home Search Ltd provided us with, especially highlighting the work of Clorissa. Within a week we were able to sign, seal and move into the property that we looked at, all down to Clorissa's prompt and effective work ethic, which allowed us a smooth transition from one property to another, without her, this move would not of been possible to have happened within the time stamp that it did. We are very grateful for the work that was done by Home Search Ltd, highly recommend.

Lewis Francis
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