estate agents

Northern housing market continues to strengthen as south struggles

There has always been a north-south divide when it comes to property, but buyer demand is now soaring in the north while it stagnates in the south, which could even out the house price gap.

House prices have edged up by an average 0.4% over the past month according to fresh data from property portal Rightmove, bringing the average UK asking price up to £309,439.
[crb_image link=”” image=”” align=”left”]
But “challenging” conditions in some parts of the country – namely the south and east – mean that the number of properties on the market has shot up in some areas compared to this time last year, resulting in less competition, which could mean sellers will have to accept lower offers. In the south as a whole, there are now 17.5% more homes up for sale than there were a year ago, with buyers no longer snapping up properties like they might have done a few years ago.

By contrast, the north is flowing in the opposite direction, with 4.3% less homes on the market now than there were 12 months ago – meaning buyer competition is fierce, and prices could be pushed up as a result of the relative lack of available stock.

Affordability in the north

“At an initial glance all of this fits with a theme of ‘steady as she goes’ as the spring market concludes,” commented Miles Shipside, Rightmove director and housing market analyst.

“However, if you dig a bit deeper, you’ll find that the main driver is good buyer demand in the comparatively stock-starved northern half of Britain’s housing market.”

As the north is still a much more affordable place to buy property than the south, the result of this combined with the additional demand has meant that the number of properties available has “dwindled in the north and increased in the south”, he added.

The north-east has also seen a 2.3% fall in the number of homes up for sale compared to a year ago, while West Midlands stock levels have dropped by 2.2%.

Making the right investment choice

Other parts of the country that have seen the property market stagnate are the east of England, with a 24.9% rise in the number of available houses putting pressure on sellers to price realistically, and the south-east with a 20% increase. In London, there are 16.4% more homes on the market now, while the south-west has seen a smaller jump of 8.2%.

Time will tell how these variations will affect the speed and strength of the market and house prices over the coming months, but they are a clear indication of a continuing divide in the performance between the north and south of the country, and something to bear in mind for anyone looking for their next investment.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:


Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment


Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:


+44 (0) 333 123 0320

Open from 9am-6pm GMT


+852 6699 9008

Open from 9am-6pm HKT