Burnley Property Insights 2025: What Sellers Need to Know for 2026
As the year closes, we’ve taken a clear look at how the UK and Burnley markets performed in 2025 - and what these trends mean for sellers, buyers and landlords heading into 2026.
With only a few weeks to go before the end of the year, as a Burnley estate and letting agent, I wanted to share what has happened in both the UK and Burnley property markets in 2025, analysing the trends for Burnley homeowners, home buyers and landlords alike… and then compare them to previous years.
To keep things consistent, all figures below run up to 16th November for each year.
The Number of Homes Coming on the Market in the UK
The number of properties listed across the UK has continued to grow:
2023: 1,407,751 homes
2024: 1,521,906 homes
2025: 1,567,258 homes
Average asking prices have held steady, but £/sq.ft has increased, not because homes are getting pricier, but because the type of homes entering the market has shifted. In 2025, we saw more smaller, affordable homes (which usually achieve a higher £/sq.ft) and more high-end properties. With fewer mid-range homes in the mix, the overall £/sq.ft figure naturally rises.
The Number of Homes Sold in the UK
Sales activity has been rising year on year:
2023: 824,665 sales agreed
2024: 958,239 sales agreed
2025: 997,472 sales agreed
Even though the average price of a home hasn’t changed much, the £ per square foot figure is telling us a different story.
Why?
Because it's not that homes are getting more expensive, it's that the types of homes being sold have changed.
More smaller homes are selling
Smaller homes naturally have a higher £/sq.ft because you’re dividing the price over fewer square feet.
More high-end homes are selling
These also push the £/sq.ft figure up because they command higher values per square foot.
Put simply, the mix of homes being sold is different, and that changes the £/sq.ft number, even if prices overall stay flat.
The Bigger Picture
More homes are selling than before
But the average price paid hasn't really increased
And the £/sq.ft number has stayed fairly steady
So the takeaway is:
House prices aren’t rising - the market is just busier.
And in terms of market health, the number of homes being sold is far more important than slight shifts in price. High transaction levels show confidence, demand and movement… all signs of a healthy market.
Yet, despite this huge jump in activity, average prices remain broadly flat. This tells us something important:
The health of the UK housing market is driven more by sales volumes than by price growth.
And 2025 has been one of the strongest years for sales in recent memory.
What’s Behind the UK Property Market’s Continued Stability?
A combination of factors has kept the market moving:
• Falling Mortgage Rates: With borrowing costs easing after the 2023 peaks, buyers who previously paused their plans have returned, boosting confidence and demand.
• Wage Growth: Earnings have been rising faster than inflation, improving affordability and giving buyers the confidence to move forward.
• Low Unemployment: Although unemployment has edged up slightly in 2025, it remains close to historic lows, providing the job security people need when making major financial decisions.
• Lifestyle Shifts: Post-pandemic priorities continue to influence moves, with buyers still seeking more space, flexibility and quality of life rather than focusing solely on location.
• Shortage of New Homes: The UK needs around 300,000 new homes a year but has built an average of only 210,000 over the last three decades - leaving a 2.7 million-home shortfall that keeps pressure on prices and availability.
In short - demand hasn’t gone away, and confidence has been rebuilding.
Burnley’s Property Market: A Comparative Analysis of 2023 vs 2024 vs 2025
Here in Burnley, the market has been consistent, confident and busy.
Homes Listed
2023: 2,261 listed – avg asking price £166,904
2024: 2,380 listed – avg asking price £184,730
2025: 2,276 listed – avg asking price £188,193
Homes Sold (Exchanged & Completed)
2023: 1,281 sales – avg price £152,570
2024: 1,327 sales – avg price £159,195
2025: 1,499 sales – avg price £165,538
Burnley continues to outperform the national picture:
64.49% of Burnley homes listed over the past two years have actually sold - compared to just 53% across the UK.
This shows a market that is steady, sensible and powered by real demand rather than hype.
What About the 2026 Property Market?
Burnley doesn’t simply mirror the national averages - our market is shaped by:
• Local employment and industry
• New developments and infrastructure
• The types of homes available in BB10, BB11 and BB12
• The strong appeal of Burnley to first-time buyers, investors and movers
2026 looks set to follow the same pattern of stability, with buyers remaining active and well-priced homes continuing to sell.
In the last two years, only half (53%) of the homes in the UK that came on the market actually sold, whilst in Burnley, it has
been 64.49%.
That alone underlines the single most important rule in the Burnley property market: price your home realistically from day one. Every house has a price window where it attracts maximum interest. Start too high, and you miss those crucial first few weeks when the most motivated buyers are active.
Half of UK homes listed never sell - but Burnley’s sales rate is much stronger because pricing tends to be more realistic.
National data shows:
53% of UK homes that sell do so within 35 days
Homes that find a buyer within 25 days have a 94% chance of completing
If an offer is agreed after 100 days, that chance drops to 56%
Hamptons' research also shows that most homes sell within 0.9% to 1.3% of their asking price - as long as the asking price is correct from the start.
Get the price right early and you attract serious buyers in the first crucial weeks… which leads to smoother, quicker and more successful sales.
Our Approach for Burnley Sellers in 2026
We analyse Burnley’s housing data every day: what sells, how long it takes, what buyers are searching for, and where demand is rising.
That means when we value your home, it's not guesswork. It's a data-led approach based on thousands of local sales and live market patterns.
If you're thinking of moving in 2026, we'd love to guide you with:
• A realistic, evidence-based valuation
• A pricing strategy that maximises interest
• Advice on preparing your home to attract the right buyers quickly
Whether you're selling, buying or just exploring your options, get in touch with me today on info@pendlehillproperties.co.uk and let’s take the next step together.
