UK PROPERTY MARKET WEEKLY UPDATE — Week 31, 2025

Welcome to the 31st UK Property Market Stats Show of 2025 — your go-to weekly YouTube ‘TV Programme’ on the UK property market.

This week, I’m joined by Steph Walker-Vass, as we unpack the key headlines from the 31st week of 2025, ending Sunday, 10th August 2025

▶️ Watch on YouTube:

https://youtu.be/uOS2pTkGn1A

🔍 Key Market Stats – Week 31 of 2025

✅ Listings (New to Market)

32.7k new listings this week (Down from 33.7k last week).

2025 weekly average : 36.7k

YTD listings are 3.7% higher than 2024 YTD and 7% above the 2017–19 YTD average(1.137m YTD vs 1.096m in 2024 YTD)

✅ Price Reductions

21.8k reductions this week (down from 22.7k last week).

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 (down from 26.9k last week)

2025 weekly average : 26.5k

YTD agreed sales:

• 7.1% up on 2024 (821k vs 767k)

• 14.3% up on pre-Covid average of 718k (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

6,027 fall-throughs last week (from a 512k SSTC pipeline (units)).

Weekly average for 2025: 6,255

Fall-thru rate as % of gross sales: 24.4% (down from 23.6% last week).

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

✅ Net Sales

19k net sales this week (Down from 20.6k last week)

Weekly average for 2025: 20.2k

YTD Net Sales:

• 608k in 2025 which is 5.8% ahead of 2024 YTD figure of 574k and 10.6% up on 2017–19 YTD (551k)

✅ % Chance the Home will Sell

July stats showed 51.2% 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 48.8% 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.

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

763k homes on the market at the start of 1st August - 6.7% higher than 1st August 2024 (715k).

512k homes in Estate Agents sales pipelines on 1st August - 4% higher than than 1st August 2024

✅ House Prices (measured by £/sq.ft)

£344.78/sqft on Sales Agreed in July 2025 - 1.97% higher than July 2024 and 3.85% higher than July 2022.

✅ Rental Stats (in arrears)

July 2025 with an average rent of £1,876 pcm (July ’24 - £1,863 pcm)

(YTD 2025 average is £1767 pcm).

✅ Local Focus: Watford

Graphs for downloading