Big UK News: June’s Asking Price Drop – What It Means for You
According to Rightmove, in June 2025 UK asking prices fell 0.3 %, the largest June dip since 2011—despite a typical +0.4 % summer rise. The average asking price now sits at approximately £378,240. (uk.linkedin.com, reuters.com)
Why is this happening?
- Stamp duty increases reduced buyer urgency.
- A surge (+11 %) in property listings has shifted power to buyers.
- The annual rise has slowed to 0.8 %, the lowest since August 2024. (reuters.com, theguardian.com)
What it means for Sharpes Estates clients:
- Sellers: Price realistically and market strategically to stand out.
- Buyers: Consider now an opportune moment—with less competition and rising mortgage approvals. (zoopla.co.uk)
At Sharpes Estates, we’re closely monitoring these dynamics to give you the edge—whether you’re buying, selling, or letting. Let us help you act at the most strategic moment.
