Chester Market Outlook Through 2025

As of mid-2025, Chester continues to offer a resilient property market with steady pricing, solid demand, and strong rental growth—all underpinned by lasting local appeal and improving economic conditions.

Average House Prices & Transaction Trends

• The average house price in Chester city is approximately £299,000 (data from May 2024–May 2025 period) Plumplot.

• In the wider Cheshire West and Chester area, the average price is £258,000 as of May 2025—a 4.0% rise from the previous year, outperforming the North West regional average Office for National Statistics.

• Detached homes command the highest values, averaging £422,000, while flats remain at the lower end of the scale, at around £135,000 Office for National Statistics.

• The city has seen a slowdown in sales volume, with around 8,000 properties sold between July 2024 and June 2025—a decline of about 7.8% year-on-year Plumplot.

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Buyer Activity & Affordability

• In January 2025, Chester recorded 203 homes sold subject to contract (STC), at an average agreed sale price of £330,500—a rise from £310,400 in January 2024 Chester Nub News.

• Nationally, price growth remains modest: house prices rose 2.5–3.4% in 2025, according to forecasts such as Zoopla and Nationwide Financial TimesThe Guardian.

• The UK housing market stabilized mid-2025, with inquiries in June finally turning positive and prices generally flat—meaning no sharp increases or drops are expected imminently Reuters.

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Rental Market in Chester

• Rents have risen significantly—average monthly rents increased from £797 in 2020 to around £1,078 in 2025—a 35% increase over five years LinkedIn.

• However, tenant demand remains strong while rental supply has declined. Chester typically saw ~189 new rental listings per month in 2025, down from ~275 in 2020 LinkedIn.

• This tight rental market suggests ongoing upward pressure on rents, with forecasts predicting a further 3–4% rise in 2025 LinkedIn.

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Market Outlook & Key Trends

• Across England, average house prices rose 5.3% year-on-year, with the North West seeing the strongest growth at 8.0% to February 2025 GOV.UK.

• Chester benefits from these broader regional gains, supported by its attractive mix of historic charm, strong local employment rates, and commuter links—factors that continue to attract diverse buyer groups.

• Forecasts suggest price stability or modest growth (~2–4%) through the rest of 2025, with no signs of a crash