Number of UK Property Sales in May Highest in Four Years - With North West Boasting Strongest Growth
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Zoopla House Price Index Reveals Record-Breaking UK Property Sales
The UK property market has just hit a remarkable milestone, with the number of property sales in May 2025 reaching its highest level in four years.
According to the latest Zoopla House Price Index for May 2025, this surge is being driven by renewed buyer confidence, improved mortgage rates, and a particularly strong performance in the North West of England.
Read on to learn about these figures in more detail.
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A Market Rebounding with Confidence
After periods of uncertainty caused by economic turbulence and fluctuating interest rates, the latest findings suggest the UK property market could be showing signs of recovery.
The Zoopla House Price Index reveals that alongside hitting a four-year record, property sales in May 2025 are up 6% in a year, making this the busiest May since 2021. This uptick in activity is not just a blip; it’s part of a broader trend that’s been building since the start of the year. Findings from the Office for National Statistics in January 2025 revealed a record-breaking surge in property values, particularly in the North West.
A combination of factors could have led to the growth in property sales, with a big factor being the introduction of lower mortgage rates that are allowing lenders to access more competitive deals. This has unlocked pent-up demand from buyers who had previously been hesitant to enter the market. Additionally, sellers have become more realistic about pricing, resulting in a better alignment between supply and demand.
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North West Leads the Way
While the entire UK has seen increased activity, the North West stands out as the region experiencing the strongest growth.
According to Zoopla, cities across the North West are registering the highest house price growth rates, with a yearly average house price growth of 3% across the region.
The report from Zoopla discovered that regions where properties are more affordable have seen the most significant increase in agreed property sales, with the North West seeing a growth of 14% compared to the 6% national average.
Housing market growth in the North West can also be attributed to a lower supply of properties, with Zoopla stating that there are just 3% more homes available for sale in the North West than a year ago. Some North West areas that have seen the highest levels of house price inflation include cities Liverpool and Manchester, and towns Warrington, Birkenhead, and Wigan.
Several factors are driving this regional boom. The North West offers comparatively affordable property prices, excellent transport links, and a thriving job market, particularly in sectors like technology, healthcare, and logistics. Regeneration projects such as the ongoing Liverpool Pumpfields regeneration scheme have also made these areas increasingly attractive to young professionals and families.
Outlook for the Rest of 2025
Looking ahead, the outlook for the UK property market remains positive. Zoopla forecasts suggest that sales volumes will remain robust throughout the summer, predicting 5% more sales in 2025 compared to last year.
With the North West at the forefront of this reported growth, the region is set to remain a key destination for buyers and investors alike. As the market continues to evolve, staying informed and acting decisively will be key to making the most of the current momentum.
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