The UK Property Market

The UK Property Market

Update for Week 32 of 2025

✅ Listings (New to Market)

32.2k new listings this week (Down as expected from 32.7k last week). 
2025 weekly average : 36.6k
YTD listings are 3.5% higher than 2024 YTD and 7% above the 2017–19 YTD average (1.17m YTD vs 1.13m in 2024 YTD)

 

✅ Price Reductions

20.6k reductions this week (down from 21.8k last week - it is holiday season).
That’s still only 1 in 7.1 homes on the market being reduced monthly (14.1%)
For context:
• 14.1% in July, 14% in June & 13.4% in May
• 12.1% average in 2024
• Long-term 5-year average: 10.6%

 

✅ Sales Agreed

25k homes sold STC this week (the same as last week)
2025 weekly average : 26.5k 
YTD agreed sales:
• 6.9% up on 2024 (846k vs 792k)
• 14.2% up on pre-Covid average of 741k (2017–19)

 

✅ Sell-Through Rate (July, in arrears)

15.4% of properties on agent’s books went SSTC in July. 
Up from 15.3% in June. 16.1% in May
2024 monthly average: 15.3%
8-year overall average: 17.9%

 

✅ Sale Fall-Throughs

5,817 fall-throughs last week (from a 512k SSTC pipeline (units)).
Weekly average for 2025: 6,242
Fall-thru rate as percentage of gross sales: 23.2% (down from 24.4% last week).
The 9 year long-term average of 24.2% (post-Truss chaos saw that at levels of 40%+)

 

✅ Net Sales

19.3k net sales this week (Up from 19k last week)
Weekly average for 2025: 20.2k
YTD Net Sales:
• 647k in 2025 which is 5.7% ahead of 2024 YTD figure of 611k and 10.6% up on 2017–19 YTD (584k)

 

✅ % Chance the Home will Sell (month in arrears)
 
July stats showed 50.9% 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 49.1% left Estate Agent books, unsold and homeowner staying in their home.  

 

Comparison 
 
Jun - 51.3%
May - 51.7%
April - 53.2%

 

NB - this July stat will change throughout August as more data comes through.


If you would like to chat about our local property market, feel free to drop us a line on 01752 222060 or email us on info@smeatonhomes.co.uk


Get in touch with us

There is no getting around it. The Renters' Rights Act 2025 is the biggest shake-up to the private rented sector in nearly 40 years. It gained Royal Assent on 27 October 2025, and from 1 May 2026 the rules began changing.

Property investment is not a get-rich-quick scheme. Done properly though, in the right location and with the right guidance, it remains one of the most reliable ways to build long-term wealth. Plymouth is a city we know inside out, and we genuinely believe it offers some of the best buy-to-let fundamentals you will find anywhere in the South West.

Pensions have their place. But for a growing number of people in Plymouth and beyond, property has become the retirement plan they actually trust

Being a landlord comes with responsibilities. The property is yours, the tenancy agreement has your name on it, and if something goes wrong, legally, practically or financially, you are the one who has to deal with it. None of this should put you off. But it does mean going in with your eyes open and making sure the basics are properly covered.