Market Update June 2025

As we take a closer look at the local property market for June 2025, it’s clear that areas like Hasland, North Chesterfield, and Old Whittington have shown some notable and encouraging trends. After reviewing data from 210 recent transactions, we share a clear snapshot of how things are shaping up.

Over the past six months, the average price per square foot has settled at £229. This figure offers a reliable benchmark, suggesting ongoing stability and consistent demand. For both buyers and sellers, understanding this metric is key when assessing property values within our local neighbourhoods.

Sale Prices

The average sale price for homes this month stands at £194,204 — a moderate uplift compared to previous months. It’s a sign that confidence is returning to the market, and despite broader economic uncertainties, buyers continue to find good value in the area. Properties here remain appealing, and interest hasn’t waned.

One of the standout figures this month is the sales turnover rate, which currently sits at 34%. This is a strong indicator of market activity and buyer confidence. We’re seeing more transactions taking place than might typically be expected for this time of year, suggesting that many buyers are acting decisively when the right property comes along.

Mortgage rates, of course, remain an important part of the equation. The average two-year fixed rate is now at 4.43%, which, while still a consideration for most buyers, reflects a fairly competitive borrowing environment. With the average household income in our area at £36,000, it’s more important than ever for buyers to weigh affordability carefully and ensure that they’re making sustainable choices.

Interestingly, we’re also seeing more younger buyers entering the local market. This shift in demographics is beginning to influence the types of properties in demand — with a noticeable trend towards well-located, lower-maintenance homes such as modern apartments and smaller family houses.

June 2025 overview

All in all, June has painted a picture of a resilient and evolving property market across Hasland, North Chesterfield, and Old Whittington. With steady prices and a high level of buyer engagement, I believe we’ll continue to see strong interest throughout the summer months. It’s a great time to be both buying and selling, with lots of opportunities for those ready to make a move.

As always, if you’re curious about what these trends might mean for your next steps, we would be more than happy to chat. Whether you’re buying, selling, or just exploring your options, we are here to offer honest, expert guidance tailored to your needs.

At Pinewood, we’re proud to be the only local member of The FIA — a trusted network of top-performing independent estate agents across the UK. This partnership not only reflects our commitment to high standards but also gives us access to wider industry insights and tools that directly benefit our clients.

If you’d like more detail on the current market or you’re thinking about a valuation for your property, please don’t hesitate to get in touch. We are always here to help you navigate the local market with confidence and clarity.