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Autumn Property Market Report 2025
This year the weather is making it quite clear that we have quickly moved on from summer to autumn. As usual the property market is following its own seasonal cycles too and that applies equally to us here in Brighton and Hove as it does to the rest of the country.
Let's take an in-depth look at what it all means for anyone looking to buy or sell their home...
The Budget
The autumn budget is just around the corner and the uncertainty surrounding it is having an impact, as anyone moving home will want to be confident in planning their finances accurately.
Rumoured property taxes that might be introduced are said to be having a slight suppressing effect on activity, and the latest industry benchmark data from Rightmove backs this up.
It reports that average new seller asking prices are 0.1% below this time last year, but that is driven by properties in the south where any changes to price-related levies would hit hardest.
Even so, prices are actually up by a very small margin of 0.4% and that is only slightly less than the expected norm of 0.6% that usually happens at this time of year.
National splits
The number of homes for sale in the south is 9% higher than this time in 2024, whereas across the nation the figure is 2%.
There is a smaller divide when it comes to the number of sales being agreed. In the south it is 3% up year-on-year, while the rest of Great Britain has seen an increase of 5% for the same timeframe.
Affordability
It's now more than a year since the Bank of England started cutting its interest rates and Rightmove's Mortgage Tracker shows the average two-year fixed mortgage rate has reduced from 5.03% to 4.52%.
This improvement to buyer affordability has helped keep the market stable but the high numbers of properties for sale means that sellers must price sensibly to achieve a sale.
So while relatively static house prices, rising wages and lower mortgage rates are all helping to keep things active, with the result that there are more sales agreed compared to a year ago, it is very much now a 'buyers market'.
Local focus
While there are some differences leading to a north/south divide across the nation in some respects of the property market, what really counts is what's happening on a local level.
Here in Brighton and Hove the picture is fairly straightforward. While prices are holding up buyers have a great deal of properties to choose from, meaning that overpriced marketing simply won't work.
The only way to get an accurate valuation is by having a full market appraisal carried out by local experts. That's what we do - we take everything into account to arrive at the figure we think will help you to sell your home in a crowded marketplace.
We pride ourselves on our results. Of the hundreds of Google reviews we've received we have achieved a score of 4.9 out of 5.
So if you want to sell your home right now anywhere in Brighton and Hove
talk to us - Call 01273 677 001, email [email protected] or pop into our centrally
located office on Lewes Road to have a chat in person with Paul, Erin or Sam.