TwentyEA is already hailing “exceptional news for estate agents” based on continued growth in supply and demand and its prediction of a total of 1.18m transactions in 2025.
The analytics firm scrutinised the data to find that around 791,000 sales were agreed between January and July 2025 – a rise of 6.8% compared to the same period last year and the highest level since 2022.
HMRC data records 573,000 in the first half of this year (January to June), up 17.1% from 2024 and 5.8% higher than pre-pandemic levels in 2019. Despite negative growth in April and May 2025 – generally expected following the rush to beat the return of the standard stamp duty thresholds – but saw a rebound for the month of June with 4.6% year-on-year growth.
Based on these numbers showing , the firm now forecasts there will be 1.18m transactions for 2025, up 7% from the 1,102,400 purchases recorded in 2024.
The has been growth across all UK regions except Northern Ireland, with the strongest increases seen in the North West (10.9%), followed by Wales (9.9%). The Midlands and North have generally performed better than London and the South.
This upward trend spans all price bands, with the highest growth in the £350k–£1 million range (9.5%), followed by the £200k–£350k band (8.8%).
In terms of supply, year-on-year growth has continued across all price bands, with the strongest growth at 5.8% between £350k and £1 million properties, closely followed growth of 5.5% in the £200k-£350k price band. The greatest year-on-year growth is seen in Outer London (8%), though the Midlands, the East and the North East have also seen encouraging upticks.
Katy Billany, executive director of TwentyEA said: “Despite the changes to stamp duty bringing a noticeable ‘hangover’ to the market throughout April and May, it bounced back with a spring in its step in June. Momentum has been further boosted by the most recent interest rate cut last Thursday to 4%, and will possibly fall further to 3.75% by the end of the year, injecting a renewed confidence into both buyers and sellers.
“When compared to 2024, 2023, and pre-pandemic 2019, demand volumes have been consistently higher in every single month of 2025 so far. Given this sustained growth, we’re confident 2025 will remain buoyant, with a healthy pipeline of deals for estate agents. We forecast transactions will be in-line with the pre-pandemic year of 2019 to reach 1.18m by the end of 2025 – seven percent higher than in 2024, which is exceptional news for estate agents.”
