hamburger close
Home News Property market updates Property sales accelerate as buyer choice increases in June

Property sales accelerate as buyer choice increases in June

Getting your Trinity Audio player ready...

Zoopla reported an impressive 6% increase in UK property sales this June compared to last year, marking the fastest rate spike in four years. This growth in sales volume is directly linked to the availability of additional homes on the market, which is 14% more than a year ago.

Low prices excite investors as sales get a boost

According to Zoopla, average house prices in the UK increased by just 1.4% in the 12 months to May 2025. While this is higher than the 0.3% growth recorded last June, it is lower than the 2% rise recorded earlier in February.

Rightmove reported a 0.3% (£1,277) drop in house prices last month, as the average cost for a UK property reached £378,240. Despite robust demand, sellers continue to be price-sensitive as cost-of-living pressures, high interest rates, and stamp duty affect affordability.

UK property

Prices continue to grow in London

Despite the drop in national house prices, London defied the trend as HM Land Registry data reported a 2.6% monthly increase within the Capital. The average cost of a London property now stands at £695,414, nearly 84% more than the national average. With buyer demand now 3% ahead of where it was last year, Rightmove reports that properties receiving an enquiry on the very first day of marketing are 22% more likely to find a buyer in a competitive market.

Prime London is in demand with discounts for unmodernised properties

According to our Prime London Demand Index, buyer demand for big-ticket purchases of prime properties (£2m to £10m) and super-prime properties (£10m+) increased in Q2 2025. While Clapham saw the highest increase in demand for prime properties, at nearly 37%, the affluent central London neighbourhood of Fitzrovia witnessed a 25% increase in the super-prime category. Another research also revealed how property investors could benefit from
discounts of up to 12% on purchasing unmodernised properties. There are 36,175 such properties in England.

River Park Tower, One Nine Elms

Exclusive showcase of River Park Tower in Singapore

Our Singapore team will showcase a rare riverside investment opportunity within Nine Elms in Zone 1. River Park Towers is a ready-to-move-in development within the vibrant SW8 postcode, offering stylish apartments with attractive yields of up to 5.2%. The development is close to Vauxhall and Nine Elms stations and just a short walk to Battersea Power Station.

On-going property consultations in Hong Kong and Malaysia

Our Hong Kong office will continue with their private consultations for North Gate Park in Haringey. Starting at just £375,000, properties at this development offer robust yields of up to 5.7%. In Malaysia, our team will be busy this July on a roadshow showcasing a new phase launch of The Halo at Oval Village in Zone 1. The team will travel to Miri and Kuching to meet investors.

Rents continue to grow in London

Rents in the UK continued to increase as ONS reported a 7% inflation in average monthly rents in the 12 months to May 2025. London’s annual inflation during the same period was higher at 7.7%, taking the average rent in the UK capital to £2,249, nearly 68% more than the rental national average of £1,339.

Rents outpace price growt

Rents outpace price growth

Zoopla’s latest rental market report revealed a 21% increase in average rents over the last three years, compared to a modest 4% increase in house prices. Although the demand for rented homes is currently 16% lower than last year, it is still 60% higher than during the pre-pandemic years. Furthermore, the property portal forecasts a 3 to 4% rent increase over the rest of 2025.

At Benham and Reeves, we bring investors lucrative opportunities to leverage the UK capital’s flourishing rental market. We have 21 branches across London combined with 14 overseas offices that help you find the right property and strategically manage it from anywhere in the world. Contact us to learn more about London property investment.

Source:
https://www.zoopla.co.uk/discover/property-news/house-price-index/
https://www.rightmove.co.uk/news/house-price-index/
https://www.gov.uk/government/statistics/uk-house-price-index-for-april-2025/uk-house-price-index-summary-april-2025
https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/privaterentandhousepricesuk/june2025

Share
Marc von Grundherr

About the Author

Marc has been a board director since 2001 and oversees the company’s rental operations as well as developing new business. He is instrumental in the company’s expansion and works closely with Managing Director Anita Mehra to develop its core services. Read more about Marc von Grundherr here - Read full profile

by