Whether you’re buying your first home or preparing to sell up and move on, the property market in Essex and Suffolk this year presents both opportunities and challenges. With interest rates still relatively high and a noticeable shift in buyer expectations, now more than ever, it pays to be clued up. Here’s some timely advice for both sides of the transaction to help you stay ahead.

Advice for Sellers

1. Price realistically – not aspirationally
The days of buyers outbidding one another well above the asking price are fading. Today’s market is more balanced, meaning overpricing can see your home linger unsold for months. Work with a local estate agent who knows your area well – someone who can provide evidence-based valuations and understands what properties are actually selling for, not just what they’re listed at.

2. Presentation still matters
Buyers are still swayed by well-presented homes. A tidy front garden, freshly painted walls, and clean windows might sound obvious, but they go a long way. De-clutter, neutralise strong décor choices, and where possible, stage rooms to highlight their best features. Even small touches – such as fresh flowers or well-lit rooms – can help your property stand out.

3. Be ready to move
If you receive an offer, you’re happy with, make sure you’re in a position to progress. Buyers are cautious in today’s climate and delays can cause them to walk away. Having a solicitor ready and your paperwork in order can help avoid unnecessary hold-ups.

Advice for Buyers

1. Don’t wait for the “perfect” moment
It’s natural to want to time the market, but trying to predict house prices often leads to missed opportunities. If you’ve found a home that suits your needs and budget, and you’re financially prepared, it may be the right time – regardless of whether prices dip slightly later.

2. Know your budget – and stick to it
With interest rates still influencing mortgage affordability, get a clear picture of your finances before you begin your search. Speak to a mortgage adviser early, so you understand what you can borrow and what repayments will look like. This gives you credibility when making an offer, and ensures you’re looking at the right properties from the outset.

3. Be decisive – but not hasty
Some parts of Essex and Suffolk still see properties selling quickly, especially family homes in desirable school catchments. If you see something you like, don’t wait too long to book a viewing or make an offer. That said, avoid rushing into anything – carry out your due diligence, ask questions, and get a survey if you have concerns.

The 2025 property market is different from the frenzied years we’ve just left behind, but that’s not a bad thing. A more stable landscape allows both buyers and sellers to act with greater confidence and less pressure. Whether you're on the move or just starting your journey, a thoughtful and prepared approach can make all the difference.