The Lancaster Property Market Update | November 2025

November 2025 brought something we’ve all been waiting for—an end to the uncertainty that homeowners, movers and even we as estate agents have been feeling throughout the year.

For landlords, the Government finally published its Guide to the Renters’ Rights Act, complete with key implementation dates. Later in the month, the Budget brought the clarity many were hoping for, drawing a line under months of speculation and rumour about how the housing market might be affected. We’ve covered both topics in separate articles, but one thing is clear: a sense of stability has returned.

That said, the uncertainty leading up to these announcements did have an impact on activity. As seen in the sales figures below, November was quieter than previous years as both buyers and sellers waited for clarity.

Here are your figures for November 2025

What is selling?

Sales volumes were softer in November, with 51 agreed sales, compared with 71 this time last year. Much of this slowdown was linked to delayed decision-making ahead of the Budget and the Renters’ Rights update.

Terraced homes led the market with 22 sales, followed by semi-detached homes with 12, apartments with 11, and detached homes with 5. Only 1 bungalow sold during the month.

The mid-market continues to perform strongest:

• £125,001–£250,000: 21 sales

• Up to £125,000: 14 sales

• £250,001–£500,000: 14 sales

• £500,000+: 2 sales

By postcode, LA1 5 was the busiest area with 14 sales, closely followed by LA1 3 with 12.

What is happening with house prices?

House prices across LA1 have seen steady growth of 1.7% over the past year, but it’s clear that semi-detached homes have led the way. Their annual price increase rose from 3.5% in October to 4.4% in November, with an average price of £208,800 and 197 sales in the last 12 months—showing both rising values and strong demand.

Detached homes recorded gentle growth at 1.5%, apartments improved to 3.8%, and terraces—while still the most active with 269 sales—saw price growth pause slightly at -0.7%.

Overall, the market remains balanced, with semi-detached homes continuing to set the pace.

What this means for buyers and sellers?

For buyers, the return of certainty is already helping. More choice, steady pricing and clearer government direction mean it's easier to plan ahead. Buyers are active—they’re simply being thoughtful and considered in their decisions.

For sellers, the message remains the same: the homes achieving the best results are the ones that get the 3 P’s right—Price, Presentation and Promotion. Where these align, sales are still strong and often swift. Even in a quieter month, well-prepared homes continued to stand out.

What happened with the Budget?

The November Budget brought reassurance rather than major surprises. Rumours around stamp duty, landlord taxation and capital gains were finally addressed, allowing both homeowners and investors to move forward with confidence.

For landlords in particular, this Budget followed closely after the publication of the Government’s Renters’ Rights Act Guide, which confirmed timelines and offered clarity after months of speculation. Our separate articles break down both topics in more detail for those who want to understand the implications.

In Summary

November marked a turning point—closing the chapter on the uncertainty that has shaped much of this year. While sales were quieter, this was simply the result of buyers and sellers waiting for clarity. Now that it has arrived, confidence is returning.

December has already started strongly at JDG. And while Christmas traditionally brings a slight slowdown, it will be nothing more than a seasonal pause. Early signs for the New Year are encouraging, with buyers already making plans and sellers feeling more assured about coming to market.

As we head towards 2026, Lancaster is entering a more stable, confident phase—one where well-priced, well-presented homes achieve strong results, and buyers move forward with certainty.    Do you have any questions?   If so please ask, please remember we are always here to help.

Thanks for reading

Michelle

Ps.  

Important notice for potential sellers 

We're proud to inform you that once again we've been ranked among the top 2% of all estate agents in the UK for the seventh consecutive year.  This is the highest accolade any UK estate agent can receive, and it's based on marketing, service, and results and is judged against all other agents across the country.   On average we achieve 1.4% more for our clients than other agents in our area and we have achieved over 500, 5 star google reviews  both are key reasons to choose us for a successful property sale!