Welcome to the fifth UK Property Market Stats Show of 2025, which features the awesome Kristian Stott, as we delve into the key property market headlines for the ending 9 February 2025.
UK Property Market In-Depth Analysis for this week (Week 5):
Listings (New Properties on the Market)
36.5k new listings this week (last week 35.9k)
That’s 11% higher than Week 5 of 2024 YTD and 11% higher YTD compared to 2017/18/19.
Price Reductions (% of Resi Stock)
21.5k Price Reductions this week – meaning an approximately run rate of 1 in 8 of resi sales stock per month is being reduced (12%).
For comparison, 11.9% average in 2024, though the long-term 5-year average is 10.6%.
+ Total Gross Sales (Agreed Sales)
27k UK homes sold STC this week, down from 27.5k last week in Week 4
That’s 24% higher YTD compared to 2024 and 33% higher than 2017/18/19 YTD levels.
Sale-Through Rate (Monthly in Arrears)
January’s Run rate of 15% of Resi stock sold stc. For comparison, 13.9% of residential sales stock sold in January 2025. 2024 monthly average: 15.3%. Long-term 8-year average: 17.9%.
Sale Fall-Throughs
6,406 Sale fall-thrus last week from Resi Sale Sales Pipeline of 440,431 homes sale agreed (sold stc).
Another method is that week’s sale fall thrus as a % of gross sales that week. This week, that is 23.7% (last week 22.5%). Still slightly below the 7-year average of 24.2%, but well below the 40%+ levels post-Truss Budget (Autumn 2022).
For January ’25 as a whole, 6.03% of sales in the UK agents pipelines fell thru in Jan 25. For comparison, 2024 average: 5.36%.
Net Sales (Gross sales for the week less Sale Fall Throughs for the week)
20.6k net sales this week, compared to a typical week 4 average of 19.4k. Last week
Week 4 2025 – 21.3k. 18.4k is the weekly YTD 2025 average.
2025 YTD is 23% higher than compared to 2024 YTD and 26% higher than YTD 2017/18/19.
UK House Prices (£/sq.ft)
As always, the £/sq.ft metric predicts Land Registry figures 5 months in advance with 92% accuracy (the orange line of the graph).
January’s final figure: £342/sq.ft.
December ’24 : £339/sq.ft
August ’24: £334/sq.ft
January ’24: £330/sq.ft
This means UK house prices have risen 3.64% in the last 12 months.
Local Focus – Eastbourne
