In this week’s UK Property Market Stats Show I am joined by Alice Bullard, as we delve into the key UK property market headlines for 14th week of 2025 ending on the 13th April 2025.
As with every show, the first half is about the UK Property Market and the second half is a deep dive focus on a town’s or city’s estate and letting agents. This week, we look at all the agents in Epsom and decide whom is the best.
Here are the highlights plus the graphs & charts from the show:
✅ Listings (New Properties on the Market)
41.1k new listings this week (last week 41.3k)
That’s 9% higher than Week 14 of 2024 YTD and 9% higher YTD compared to 2017/18/19.
✅ Price Reductions (% of Resi Stock)
24.9k Price Reductions this week – Run rate of 1 in 7.5 of Resi Sales stock per month is being reduced (which represents 13.4%).
For comparison, 12.1% average in 2024, though the long-term 5-year average is 10.6%.
✅ Total Gross Sales (Agreed Sales)
27.3k UK homes sold STC this week, down slightly from a fortnight ago, which was a near 3 year record breaking week of 28k Resi gross sales.
That’s 14% higher YTD compared to 2024 and 22% higher than 2017/18/19 YTD levels.
✅ Sell-Through Rate (Monthly in Arrears)
March’s sale run rate of 16.3% of Resi stock sold stc (ie 16.3% of Estate Agents properties on the market went sale agreed). 2024 monthly average: 15.3%. Long-term 8-year average: 17.9%.
✅ Sale Fall-Throughs
6,275 Sale fall-thrus last week from Resi Sale Sales Pipeline of 467,414 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% (last week 23.7%). Just above the 7-year average of 24.2%, yet well below the 40%+ levels post-Truss Budget (Autumn 2022).
Last month, as a whole, 5.75% of sales in the UK agents pipelines fell thru. For comparison, 2024 average: 5.36%.
✅ Net Sales (Gross sales for the week less Sale Fall Thrus for the week)
21k net sales this week (21k last week), compared 2025 weekly average of 20.1k.
2025 YTD is 11% higher than compared to 2024 YTD and 15.9% higher than YTD 2017/18/19.
Local Estate Agency Focus this week
Epsom
Read the orginal article: https://propertyindustryeye.com/what-is-currently-happening-in-the-uk-property-market-48/