Current Housing Market Activity – Oct 2025

Savills has adjusted its outlook for the UK housing market, now forecasting around 1% growth in 2025 — down from the 4% previously expected. The revision reflects ongoing stamp duty pressures, a slightly softer economic backdrop, and the usual pre-Budget pause that tends to make buyers and sellers more cautious. That said, any level of growth is still a positive sign and points to a stable market rather than a declining one.

Subdued Activity in the Housing Market

The run-up to the Budget often brings uncertainty, with many waiting to see what changes might come. This year looks no different, and it’s likely to keep activity a little subdued in the short term.

Even so, property values remain close to record levels. According to the latest Land Registry data (17 September), the average UK home now stands at £270,000, about £8,000 higher than this time last year.

House Prices in 2025

There are several house price trackers, but the Land Registry remains the most reliable as it covers both cash and mortgaged transactions. Its only drawback is that it lags the market by around six weeks, so lender reports from Nationwide or Halifax often give a quicker snapshot of current trends.

For a more local picture, the ONS “house prices in your area” tool which also uses Land Registry data is a helpful way to see how your borough or local authority is performing.

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