UK property market update: Week 38, 2025

UK property market update: Week 38, 2025

The UK property market in week 38 of 2025 remains steady, with new listings and sales close to seasonal norms. While stock levels are rising, demand is holding firm, keeping activity above long-term averages and highlighting a resilient market as we head into autumn.

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 me a call on 01282 772048 or email me at info@pendlehillproperties.co.uk


Get in touch with us

Curious what your rental property could earn in today’s market? Online estimates only tell part of the story. Here’s how local insight, tenant demand, and expert management can reveal your property’s true rental potential — and why now might be the perfect time to review your rent.

Situated on the sought-after Lisbon Drive, this well-presented first-floor apartment is move-in ready and thoughtfully laid out for modern living. The open-plan lounge and dining area creates a welcoming heart to the home, whilst two double bedrooms complete the living space.

For many first-time buyers, affordability has long been the biggest hurdle to homeownership. However, with mortgage rates on the decline, monthly repayments are becoming far more manageable. This shift is opening doors for buyers who are ready to take advantage of the changing market conditions.

Burnley’s property market offers something for everyone - from town-centre apartments to family-sized detached homes. With growing demand for space and comfort, detached living remains a key part of Burnley’s housing story.