2025 UK Housing Market Update: Opportunities for Buyers and Sellers

2025-01-21
Industry News

The UK housing market is starting 2025 with signs of resilience, as data from Rightmove reveals a stable and optimistic outlook. For those looking to buy, sell, or rent, now is an excellent time to navigate the property landscape with the right insights and expert guidance. At Crown Home Buying and Letting, we’re here to assist you in making the most of this dynamic market.

Photo by Georg Eiermann on Unsplash

Slow but Steady Growth in the Housing Market

Rightmove’s January report highlights a moderate yet positive start to the year. The average price of property coming onto the market has risen by 0.9% (£3,396), bringing the national average asking price to £366,281. While this figure is slightly below the 10-year average of 1.0% for January, it signals a stable recovery after a challenging period in 2024.

The report also notes a 10% year-on-year increase in buyer inquiries per property, indicating heightened demand. However, affordability remains a crucial factor, with mortgage costs playing a significant role in buyers’ decision-making.

Encouraging Trends for First-Time Buyers

First-time buyers have been particularly active, with an impressive 5.4% monthly increase in inquiries for homes in this category. This segment of the market is being buoyed by properties in the £100,000 to £250,000 range, which are especially appealing to those looking to take their first step on the property ladder.

For sellers, this trend presents a promising opportunity to market their properties effectively, especially those in price brackets attractive to first-time buyers.

Opportunities for Sellers in 2025

Although the annual price drop of -2.2% reflects the lingering impact of higher mortgage rates, sellers with realistic pricing expectations are finding success. Rightmove’s insights reveal that homes are being sold swiftly when priced competitively, with nearly 60% of homes listed in the final quarter of 2024 now sold subject to contract.

London’s Housing Market Shows Strong Demand

London remains a hotspot for property activity, with a 4.5% rise in buyer inquiries compared to the previous year. Sellers in the capital are advised to take advantage of this demand, ensuring their properties are well-presented and appropriately priced.

How Crown Home Buying and Letting Can Help

Navigating the UK housing market requires expertise and a tailored approach. At Crown Home Buying and Letting, we specialise in helping clients buy, sell, and rent properties with confidence. Whether you’re looking for your dream home, considering selling your property, or exploring rental opportunities, our team of experts is here to guide you every step of the way.

Get in touch today to learn how we can help you make the most of 2025’s property market trends.

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