What is currently happening in the UK property market?

What is currently happening in the UK property market?

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Welcome to the 35th UK Property Market Stats Show of 2025 – your go-to weekly TV programme on the UK housing market.

This week, I am joined by Kristian Stott, as we unpack the key headlines from the 35th week of 2025, ending Sunday, 7th September 2025.

 

✅ Listings (New to Market)

36.8k new listings this week (Up as expected from 29.1k last week as it was week after August Bank Holiday).

2025 weekly average : 36.2k

YTD listings are 3.3% higher than 2024 YTD  (1.27m YTD vs 1.23m in 2024 YTD) and 10.7% above the 2017–19 YTD average (1.15m).

 

✅ Price Reductions

25.7k reductions this week (up from 17.5k last week – again post Bank Holiday).

Only 1 in 9 homes for the month of August on the market being reduced monthly (11.1%)

For context:

• 14.1% in July, 14% in June

• 13.1% average in 2025

• Long-term 5-year average: 10.7%.

 

✅ Sales Agreed

24.9k homes sold STC this week (up from last week at 21.3k – again Bank Holiday)

2025 weekly average : 26.2k

YTD agreed sales:

• 6.3% up on 2024 (918k vs 863k)

• 13.7% up on pre-Covid average of 807k (2017–19).

 

✅ Sell-Through Rate (July, in arrears)

14.5% of properties on agent’s books went SSTC in August.

Down from 15.4% in July Up, 15.3% in June & 16.1% in May

Pre Covid average: 15.5%.

 

✅ Sale Fall-Throughs

6,408 fall-throughs last week (from a 510k SSTC pipeline (units)).

Weekly average for 2025: 6,212

Fall-thru rate as percentage of gross sales: 25.8% (up from 24.1% last week).

The 9 year long-term average of 24.2% (post-Truss chaos saw that at levels of 40%+).

 

✅ Net Sales

18.5k net sales this week (Up from 16.2k last week – again Bank Holiday)

Week 35 average (last 9 years) 16.9k

Weekly average for 2025: 20k

YTD Net Sales: 700k in 2025 which is 5.3% ahead of 2024 YTD figure of 665k and 10.1% up on 2017–19 YTD (636k).

 

✅ % Chance the Home will Sell (month in arrears)

Preliminary August stats showed 54.9% of UK Homes that left the estate agents books in exchanged & completed contracts (ie the agent got paid and the home moved on completion), the remaining 45.1% left Estate Agent books, unsold and homeowner staying in their home. (Note this number will change throughout the month as more stats come in for August)

Comparison

July – 50.9%

Jun – 51.3%

May – 51.7%

April – 53.2%.

 

✅ Stock Levels (For Sale and Sales Pipeline) – 1st of the Month

763k homes on the market at the start of 1st Sept – 6.7% higher than 1st Sept 2024 (710k).

510k homes in Estate Agents sales pipelines on 1st Sept  – 3.4% higher than than 1st August 2024.

 

✅ House Prices (measured by £/sq.ft)

£338.78/sqft on Sales Agreed in August 2025  – 1.41% higher than August 2024 and 14.25% higher than August 2020.

 

✅ Rental Stats (in arrears)

August 2025 with an average rent of £1,828 pcm (August ’24 – £1,779 pcm)

(YTD 2025 average is £1,774 pcm).

 

✅ Local Focus:

Bedford

 





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