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What is Currently Happening in the UK Property Market?

UK Property
Posted in   Aug 22 , 2025
What is Currently Happening in the UK Property Market?

  • Listings Stay Strong

    Over 32,200 new property listings were recorded in England (week ending 17 August 2025), slightly down from the previous week but still 3.5% higher than 2024 and 7% above pre-COVID averages.

  • Price Reductions Ease Slightly

    Around 20,600 price reductions took place, down from 21,800 the week before. However, 14.1% of listings were reduced—higher than last year’s 12.1% average, indicating continued seller flexibility.

  • July Becomes Busiest Month in 5 Years

    According to market data, July 2025 was the busiest July for estate agents in five years, thanks to more listings and competitive pricing.

  • Average Asking Prices Dip

    The national average asking price fell 1.3% to £368,740, which encouraged an 8% rise in agreed sales compared to July 2024.

  • Interest Rates Support Market Confidence

    The Bank of England reduced the base rate to 4% in early August, improving mortgage affordability and boosting buyer interest.

  • 2025 Outlook Remains Positive

    Rightmove predicts 2% house price growth for the year as market activity continues and buyer demand balances with increased supply.


Cribs Estates Ltd recommends buyers and sellers act strategically as the market shifts. With stable supply, flexible pricing, and improved affordability, now is a strong time to move in the UK property market.

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