Saturday, 12 April 2025

Huddersfield Q1 2025 Property Market Report

 

Huddersfield Q1 2025

Property Market Report

 The Huddersfield Property Market in Q1 2025: Stability Behind the Headlines

Understanding what’s really going on in the Huddersfield property market is essential to seeing past the noise—whether you're planning to buy, sell, invest, or simply stay informed.

Since September 2022, mainstream headlines have leaned heavily toward doom and gloom—talking of market crashes and plummeting house prices. But when we turn away from the clickbait and look at the actual numbers, a different narrative emerges. Not only is the UK property market holding firm, but Huddersfield, in particular, is showing real resilience and signs of renewed strength.

Let’s break it down—nationally and locally.


National Market Trends: Q1 2025

1. New Properties Coming to Market – Supply Side

New listings are a critical health indicator in any housing market. In Q1 2025, 444,742 UK properties were listed for sale. That’s nearly identical to Q1 2024 (444,668) and significantly higher than Q1 2023 (407,946).

This suggests:

  • Confidence among sellers remains strong.
  • We're not seeing a rush to the market or panic selling (as we did in 2008, when new listings spiked dramatically).
  • The supply-demand balance is relatively stable.

2. Properties Sold Subject to Contract (SSTC) – Demand Side

308,258 homes were sold SSTC in Q1 2025. That’s up from:

  • 289,178 in Q1 2024
  • 276,482 in Q1 2023

This steady growth reflects a return of buyer confidence, even in the face of elevated mortgage rates and economic headwinds.


Price Bands: What's Actually Selling?

The breakdown of listings vs. sales by price band is especially revealing:

  • Up to £250k:
    • Listings: 34.6%
    • Sales: 40.6%
      Lower-priced homes are outperforming.
  • £250k–£500k:
    • Listings: 41.2%
    • Sales: 41.1%
      Stable demand.
  • £500k–£750k:
    • Listings: 13.7%
    • Sales: 11.3%
      Slight oversupply.
  • £750k–£1m:
    • Listings: 5.3%
    • Sales: 3.9%
      Buyers cautious in this band.
  • £1m+:
    • Listings: 5.2%
    • Sales: 3.1%
      Luxury market remains sluggish.

This tells us buyers are gravitating toward affordability and value. In tougher financial climates, that’s no surprise.


Local Market Focus: Huddersfield Q1 2025

Let’s zoom in on our local area—Huddersfield (HD1–5, HD7–8 postcodes).

1. New Listings:

  • 1,068 properties were listed in Q1 2025
  • Average listing price: £269,893
  • Most active range:
    • £150k–£200k: 194 listings
    • £200k–£250k: 183 listings

This reflects where most sellers are positioning their homes—and where demand is clearly strongest.

2. Sales Activity (SSTC):

  • 834 properties sold in Q1 2025
  • Average selling price: £257,889
  • Most active range:
    • £150k–£200k: 179 sales
    • £200k–£250k: 151 sales

There’s a clear correlation between listing volumes and buyer demand in the mid-price range, especially for homes that appeal to first-time buyers and upsizers.


What Do These Figures Really Mean?

Buyers are active, particularly in the lower and mid-price bands.

Sellers must be strategic. Price too high, and you risk missing out on the crucial early interest period—what agents often call the "honeymoon phase."

Nationally, there were 224,750 price reductions in Q1 2025—up from:

  • 198,682 in Q1 2024
  • 243,602 in Q1 2023
  • 119,068 in Q1 2022

With 698,006 homes on the market during Q1 2025, nearly 1 in 3 properties reduced their price.


How to Gauge Market Confidence: The SSTC Ratio Tip

Here’s a practical way to measure buyer confidence in real time:

  1. Go on Rightmove.
  2. Search for properties for sale in Huddersfield.
  3. Note the total number.
  4. Now search the same area, but include ‘Sold STC’ properties.
  5. Subtract the first number from the second—this gives you the number of homes under offer.
  6. Calculate the SSTC ratio:
    SSTC properties / Total properties listed

If that ratio is rising month-on-month, it indicates strengthening buyer confidence. If it’s falling, demand may be cooling.

Want to dig deeper? Run the same check by:

  • Property type (e.g. terraced, detached, flats)
  • Bedroom count (e.g. 2-bed vs. 4-bed) This gives you a more granular sense of demand within your niche.

Strategic Takeaways for Sellers

  • Price realistically from the start – Overpricing often leads to longer time on market and eventual price cuts.
  • Presentation matters – Homes that show well, with quality photos and clean presentation, attract more early interest.
  • Time is a factor – Most interest comes in the first 2–3 weeks. Miss that window, and momentum can slow.

Should You Buy, Sell, or Hold in Huddersfield?

  • Looking to trade up? Now could be a smart move. In real terms (after inflation), UK house prices are 15.1% cheaper than three years ago.
  • Not ready to sell? Renting your property could be a viable option, especially with local rental demand remaining strong.
  • Not in a rush? That’s okay too—just keep an eye on local data and be ready to act when the time is right for you.

Final Thoughts

The Huddersfield property market isn’t crashing—it’s recalibrating. The most active parts of the market are those offering good value and realistic pricing. Buyers are returning, albeit more cautiously and with a greater focus on affordability.

As estate agents, we’re here to guide you through the nuances—whether that’s understanding what buyers are paying today, how to present your home, or when it might be time to adjust your price strategy.

Whatever 2025 has in store, smart decisions will always come from looking at the data—not just the headlines.

 

 

Tuesday, 8 April 2025

Riding the Waves: What the Latest Stock Market Wobble Means for UK House Prices

With the recent stock market dip sparked by Trump’s new tariffs and fears of a trade war, it’s understandable that some are feeling jittery. Blue-chip indices have taken a hit, and headlines are screaming uncertainty — but when it comes to the UK property market, history tells a more reassuring story.

 

As this chart shows, while the FTSE 100 has seen plenty of peaks and troughs over the last 40 years, UK house prices have followed a far steadier, upward path. Short-term stock market volatility rarely has a direct impact on house prices. Yes, financial markets can influence interest rates, which in turn affect mortgage affordability — but let’s not forget: we’ve already weathered a near 400% increase in base rates over the past couple of years. And still, property values have held firm.

 

Of course, bumps in the road are part of the journey. But for homeowners and long-term investors, the message is clear: Housing remains a resilient asset. If you're planning to move, remortgage, or simply sit tight — don't be spooked by the stock market noise. 

 

The fundamentals of supply, demand, and sentiment in the UK property market remain reassuringly robust.

Thursday, 3 April 2025

Why Are So Many Pensioners Renting?

It might surprise you to learn that between 1 in 16 and 1 in 10 pensioners across the UK now privately rent their home from a buy-to-let landlord. That’s right—not from the council or a housing association, but from the private rental sector.

This isn't just a London or city-based trend either. Scotland tops the charts with 9.6% of OAPs renting privately, while even in the quieter corners of the country, the figures remain steady. Take a closer look at the map, and you’ll see this is a nationwide shift—one that’s catching many people in places like Huddersfield off guard.

 

OAP Private Rented by Region (Lowest to Highest):

  1. West Midlands – 6.1%
  2. East Anglia – 6.2%
  3. South East – 6.4%
  4. North East – 6.6%
  5. East Midlands – 6.6%
  6. North West – 6.8%
  7. Wales – 6.9%
  8. Yorkshire & Humber – 7.0%
  9. South West – 7.4%
  10. London – 8.0%
  11. Northern Ireland – 8.3%
  12. Scotland – 9.6%

 

Why This Matters (And What It Means for You)

Whether you're a homeowner in Huddersfield, a local landlord, a buyer exploring your options, or even someone currently renting, this growing shift is worth paying attention to. Here’s why:

 

The Challenge:

As more older people rent in the private sector, there’s a real concern about long-term affordability and housing security. Unlike homeowners, renters don’t benefit from rising property values, and unlike council tenants, private renters face market-rate increases and less stability. For those on fixed pensions, that’s a growing issue—and one that could play out right here in Huddersfield.

 

The Opportunity for Landlords:

There’s a huge opportunity here for Huddersfield landlords who are thinking long term. Investing in or adapting properties that are attractive to older tenants—bungalows, single-storey homes, or ground-floor flats—could help future-proof your rental portfolio. Demand for these types of homes is only going one way: up.

 

The Upside for Renters:

And for those renting in Huddersfield in later life, there’s something liberating about not being tied down. Renters have the flexibility to move closer to family, downsize quickly, or even relocate to another part of the town—or the country—without the hassle of selling a home. That freedom is powerful, especially in retirement.

 

Are The Numbers Still Growing?

Absolutely. The proportion of over-65s renting privately has been rising steadily over the past 15 years. Back in 2007, just 4.9% of pensioners were in the private rented sector. Today, depending on the region, that number has almost doubled—or more. And all indicators suggest it’s going to keep rising.

 

As these figures show, the days of assuming pensioners all live in mortgage-free homes or sheltered housing are over. The private rental sector is playing an ever-larger role in later life—and that creates both challenges and opportunities for Huddersfield residents, no matter which part of the property market

Tuesday, 25 March 2025

Are We Using Our Homes Wisely? The Surprising Truth About Spare Bedrooms

 In towns like Huddersfield, the number of homes with two or more spare bedrooms is striking. Across the UK, 8.9 million homes have this level of extra space—an eye-watering statistic when considering the ongoing housing crisis and the demand for family homes.

 

It’s a sensitive subject. Many of these larger homes belong to an older generation who have lived in them for decades, raising families before finding themselves with empty rooms. These properties were built in an era when bedrooms were more generously sized than the modern equivalents, making them highly desirable. However, for some, the rising cost of maintaining and heating such properties is becoming a challenge, especially for those on fixed incomes.

 

Yet, the idea of ‘downsizing’ often sparks strong emotions. A home is more than bricks and mortar—it’s memories, stability, and a reflection of a lifetime’s work. Encouraging homeowners to move isn’t straightforward, nor should it be. People have the right to make their own choices about where they live.

 

However, the data does raise important questions about how we use housing stock. In a town like Huddersfield, where families are searching for larger homes, the availability of suitable properties is crucial. If those who no longer need the space could access appealing, well-located alternatives, it might help unlock movement in the market. The issue though there is lack of suitable bungalows in the UK!

 

Looking at the numbers, the percentage of homes with two or more spare bedrooms varies significantly by region:

  • Northern Ireland – 45.3%
  • Wales – 41.7%
  • East Midlands – 40.3%
  • South West – 39.9%
  • South East – 38.1%
  • East Anglia – 38.5%
  • Yorkshire & Humber – 37.3%
  • West Midlands – 37.0%
  • North East – 36.4%
  • North West – 36.0%
  • Scotland – 32.2%
  • London – 21.8%

 

Ultimately, property decisions are deeply personal. But for those considering a move, knowing the demand for larger Huddersfield homes is there may help make that decision a little easier

Wednesday, 19 March 2025

Understanding Rental Yields in Huddersfield

 

 

Understanding Rental Yields in Huddersfield

 

This map provides an insight into the average gross yields for rental properties in Huddersfield. The darker areas indicate higher yields, while the lighter areas represent lower yields. Generally, there is an inverse relationship between rental yield and property value—properties with lower capital values often generate higher yields, whereas higher value properties tend to have lower returns on the yield.

That said, there are always exceptions. Huddersfield centre properties, particularly Houses in Multiple Occupation (HMOs), can deliver significantly higher yields. However, they come with additional management challenges, reflecting the increased risk and effort involved.

It’s important to remember that these figures represent averages, and every property is unique. While rental yield is a key factor for landlords, capital growth also plays a crucial role in long-term investment success. This map does not reflect potential capital appreciation, which should be considered alongside yield when assessing an investment opportunity.

If you’re thinking about entering the buy-to-let market or expanding your existing portfolio, we would be happy to discuss your options. Every landlord’s strategy is different, and understanding the right balance between yield, risk, and long-term growth is essential. 

Give us a call to explore how you can make the most of Huddersfield's rental market.



Saturday, 1 March 2025

Huddersfield House Price Review: The February 2025 Update


 

Huddersfield House Price Review: The February 2025 Update

Huddersfield homeowner or landlord? Curious about the trends in the Huddersfield property market? One measure is the average price paid for homes bought and sold in Huddersfield in the last 12 months, on a rolling month by month basis.

 

Each month we like to share this figure, and whilst this figure alone will not tell you much, its trend will. Our followers on social media know we write regular articles on the Huddersfield property market. It is in those articles we expand and clarify what these monthly figures mean to you.

 

Whether you are contemplating selling your property or simply interested in understanding its current market value, we are here to help. We provide detailed, no-obligation free valuations, designed to guide your future property related decisions.

 

Keep yourself informed and a step ahead in understanding the true worth of your property in Huddersfield. For a hassle-free, comprehensive market evaluation of your home, contact us at 01484548126.

 

Let's explore the potential of your Huddersfield property together.

 



 

 

Let's explore the potential of your Huddersfield property together.