The August 2025 UK property market update reveals a mixed picture, with activity softening compared with July and last year, but some indicators showing resilience against long-term averages.
Market Activity
On the market: Properties for sale increased 4.7% compared with August 2024 but fell 3.8% compared with July 2025. Stock remains 20% higher than the six-year average.
New listings: Down 4.2% year-on-year and 13.3% compared with July. Slightly below the six-year average at -3.8%.
Sales agreed: 1.9% higher than August 2024 but 8.9% lower than July. Still 2.9% below the six-year average.
Market Behaviour
Price changes: Up 2.9% compared with last year but down 23.8% compared with July. Still 21.5% higher than the six-year average.
Withdrawn listings: Down sharply at -43.1% year-on-year and -53.9% compared with July, well below the long-term average at -31.1%.
Fall-throughs: 3.3% lower than last year and 13.7% down compared with July, also slightly lower than the six-year average at -3.1%.
Relisted properties: -40% compared with last year and -55.7% compared with July, 27.8% below the six-year average.
Pricing
New listings: Average asking price £399,399 in August, compared with £399,501 in August 2024 and £419,190 in July 2025.
New listings £ per sq ft: £394 in August, compared with £358 last year and £386 in July.
Sales agreed: Average asking price £357,916 in August, compared with £356,208 last year and £370,007 in July.
Sales agreed £ per sq ft: £349 in August, compared with £335 last year and equal to July.
House Price Indices
Rightmove: £368,740, down 1.3% month-on-month but up 0.3% year-on-year.
Zoopla: £270,000, unchanged month-on-month, up 1.3% year-on-year.
Land Registry: £269,000, up 1.4% month-on-month and 3.7% year-on-year.
Nationwide: £271,079, down 0.1% month-on-month but up 2.1% year-on-year.
Halifax: £298,237, up 0.4% month-on-month and 2.4% year-on-year.
e.surv: £353,279, down 0.6% month-on-month and 2.2% lower than last year.
Average across indices: £305,056, broadly stable with a 0.03% monthly dip and 1.27% annual rise.
Outlook
The August data shows that supply remains strong, with stock levels well above average. However, both new listings and agreed sales softened compared with July. Prices are holding firm, with modest year-on-year growth in most indices, though momentum varies across data sources.
Withdrawn and relisted properties fell sharply, suggesting sellers are approaching the market with greater realism. While activity has cooled month-on-month, the overall market continues to demonstrate resilience against long-term averages.