22.2% of Low Fell Homeowners Sell per Month

22.2% of Low Fell Homeowners Sell per Month

Property Sarah Mains 24th April 2025

In today’s Low Fell housing market, property market data isn't just helpful – it's essential. For Low Fell homeowners and landlords looking to buy or sell a home, understanding the latest Low Fell property trends, buyer behaviour, or house pricing movements is the difference between making a confident move and flying blind.

 

Data reveals where the market has been, where it’s heading, and how to position a home for success. It cuts through the noise, replaces guesswork with insight, and empowers better decisions. When used well, property data also becomes a seller's compass and, subsequently, as a buyer, the edge as well—guiding your strategy, pricing, and timing in a property market that’s constantly shifting. In short, those who understand the data of the Low Fell property market (and the UK as a whole) move smarter. And those who ignore it risk being left behind.

 

The property market in Low Fell has seen a notable transformation in recent years.

 

Each week in my blog posts, I use data to share my thoughts about the Low Fell property market. This week I am going to look at the number of Low Fell homes for sale on a month-by-month basis and then compare that with the volume of sales agreed (sold subject to contract—SSTC) on a month-by-month basis between January 2020 and March 2025.

 

From that information, I can show the direction of the local property market by calculating the percentage of Low Fell homes each month that have been selling.

 

 

Since January 2020, an average of 26.9% of Low Fell homes on the market have sold STC each month

 

 

For some comparison, the lowest month since 2020, as expected, was the first month of lockdown, April 2020, when it was 4.2%. The highest month was March 2022, when it was 48.1%. In March 2025, that figure was 22.2%.

 

A closer look at this data reveals how the market has shifted and underlines the importance of sensible pricing—particularly now that the supply of homes has increased since Easter 2022.

 

⦁ In 2020, Low Fell had an average of 228 homes for sale, with 50 selling STC each month. That means 22.0% of Low Fell homes on the market found a buyer each month.

 

⦁ In 2021, Low Fell had an average of 187 homes for sale, with 55 selling STC each month. That means 29.5% of Low Fell homes on the market found a buyer each month.

 

⦁ In 2022, Low Fell had an average of 158 homes for sale, with 51 selling STC each month. That means 32.5% of Low Fell homes on the market found a buyer each month.

 

⦁ In 2023, Low Fell had an average of 209 homes for sale, with 50 selling STC each month. That means 23.8% of Low Fell homes on the market found a buyer each month.

 

⦁ In 2024, Low Fell had an average of 196 homes for sale, with 53 selling STC each month. That means 27.3% of Low Fell homes on the market found a buyer each month.

 

⦁ In Q1 2025, Low Fell had an average of 202 homes for sale, with 55 selling STC each month. That means 27.1% of Low Fell homes on the market found a buyer each month.

 

Low Fell Property Market | Homes For Sale versus Homes Sold Subject to Contract - 2020 to Q1 2025

 

The Evolution of the Low Fell Market (2020–2025)

 

Between January 2020 and February 2020, the Low Fell property market (covering NE9) experienced relative stability. Things changed dramatically with the arrival of COVID-19 in March 2020. The uncertainty led to a sharp drop in home sales during April and May of that year, as many buyers hesitated amid the economic upheaval.

 

However, following the lifting of the property market lockdown in May/June 2020, activity rebounded. The number of homes coming onto the market increased, as did the number of Low Fell homes selling.

 

This period was marked by strong demand despite reduced stock levels. The rush was fuelled by demand and the government's stamp duty holiday, encouraging people to move.

 

As 2022 began, the market began returning to a more typical state. The number of homes coming onto the market increased, yet the number of Low Fell homes selling started to stabilise. This meant the number of homes for sale in Low Fell started to increase in 2022.

 

Then came two significant setbacks between late 2022 and early 2023.

 

Budget Fallout and Rising Interest Rates

 

The first blow came in autumn 2022 with the Truss government’s mini-budget, severely impacting buyer confidence. Over the months that followed, Low Fell's average monthly sales fell. A recovery was underway by spring 2023, with sales rising. But this was short-lived—as interest rates climbed during summer 2023, buyer activity dipped once again, and sales fell.

 

The number of homes for sale continued to rise in 2024

 

In the early part of 2024, monthly house sales in Low Fell were quite healthy, yet the number of homes for sale was increasing. This jump in supply was due to several factors: sellers trying to cash in on still elevated house prices, a spike in new build activity, landlords selling up because section 24 taxation rules were beginning to bite, or simply more homes returning to the market after failing to sell previously.

 

Low Fell in Context: Comparing Proportions to the UK

 

 

A second graph, with a dark background, offers further insights by looking at the percentage of homes sold each month as a share of the total available stock.

 

Low Fell Residential Sell-Thru Rate

 

The yellow line tracks Low Fell’s performance, while the red line shows the UK-wide equivalent.

 

From Easter 2020 through to early 2022, Low Fell saw a rise in the percentage of available homes going under offer, even hitting the mid-to-high 40% range. This supports the earlier data, showing that even though fewer homes were listed, those on the market were snapped up quickly.

 

Since 2022, that picture has changed. The proportion of homes selling compared to those available has declined steadily in Low Fell, now in its 20% range.

 

What Does This Mean for Low Fell People Looking to Move?

 

While buyer demand remains steady, the rise in available properties means there is a greater supply of homes to buy. Low Fell buyers have more choice.

 

For Low Fell homeowners looking to sell, this means competition is more intense than in previous years. Although buyers are still active, the sheer volume of homes on the market means sellers must be more strategic. A realistic asking price is now more important than ever.

 

An overpriced home risks being overlooked and left on the market. A well-priced property, on the other hand, stands a better chance of attracting attention and swiftly securing a buyer.

 

There’s also a practical reason to price sensibly. According to research by Denton House using TwentyEA data, if a property sells within 25 days of coming to market, there's a 94% chance it will go on to complete. However, if it takes more than 100 days to agree on a sale, that figure drops to 56%, with a 44% chance of it falling through.

 

Low Fell's housing market remains active, but sellers face a new reality: the number of available homes has increased since mid-2022. To achieve a successful move, they must be attuned to the market and price their homes realistically.

 

Understanding local supply and demand – and adjusting expectations accordingly – is now critical. With more choices available to buyers, strategic pricing will separate the homes that sell from those that don't.

 

 

If you want more data on the Low Fell property market, follow me on social media for weekly updates on our local property market. If you would like an informal, no-cost, and no-obligation chat about the Low Fell property market, whether you are a buyer or seller, feel free to drop me a line, send a message on social media or reach out to me by telephone.

   
 

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