The UK Property Market
Stats for week 38 of 2025
✅ New Listings
•35.3k new properties came to market this week, slightly down from 35.9k last week.
•2025 weekly average: 36.2k.
•Nine year week 37 average :34.2k
•Year-to-date (YTD): 1.38m new listings, 2.6% higher than 2024 YTD (1.34m) and 10.5% above the 2017–19 average (1.25m)
✅ Price Reductions
•25k reductions this week, slightly higher to last week at 26.2k.
•Only 11.1% of homes were reduced in August, compared with 14.1% in July and 14% in June. (Sept figures to follow next week)
•2025 average so far: 13.1%, versus the five-year long-term average of 10.7%.
✅ Sales Agreed
•25k homes sold subject to contract this week, slightly down from 25.3k last week.
•Week 38 average (for last 9 years) :24.8k
•2025 weekly average : 26.1k.
•YTD: 994k gross sales, which is 5.6% ahead of 2024 (941k) and 13.4% above the 2017–19 average (876k).
✅ Sell-Through Rate
•14.5% of homes on agents’ books went SSTC in August. (Sept figures to follow next week)
•Down from 15.4% in July, 15.3% in June, and 16.1% in May.
•Pre-Covid average: 15.5%.
✅ Fall-Throughs
•6,149 fall-throughs last week (pipeline of 510k home Sold STC).
•Weekly average for 2025: 6,217.
•Fall-through rate: 24.6%, down from 25% last week.
•Long-term average: 24.2% (post-Truss chaos saw levels exceed 40%).
✅ Net Sales
•18.9k net sales this week, slightly down from 19k last week.
•Nine-year Week 38 average: 18.7k.
•Weekly average for 2025: 19.9k.
•YTD: 757k, which is 4.8% ahead of 2024 (723k) and 10% above 2017–19 (688k).
✅ Probability of Selling (% that Exchange vs withdrawal)
•August: 55.5% of homes that left agents’ books exchanged & completed.
•July: 50.9% / June: 51.3% / May: 51.7% / April: 53.2%.
✅ Stock Levels
•736k homes on the market at the start of September, 6.7% higher than Sept 2024.
•510k homes in sales pipelines, 3.4% higher than August 2024.
✅ House Prices (£/sq.ft)
•August 2025 agreed sales averaged £338.78 per sq.ft.
•1.41% higher than August 2024, and 14.25% higher than August 2020.
✅ Rental Market
•September 2025 average rent: £1,854 pcm (vs £1,792 pcm in Sept 2024) - a rise of 3.46%
•YTD 2025 average: £1,780 pcm.
•126k rental properties came on the market in Sept 2025, compared to 101k in Sept ’24, 110k in Sept ’23 & 127k in Aug ’19
If you would like to chat about our local property market, feel free to drop us an email on info@smeatonhomes.co.uk