Easy Street Financial Services 9 House Prices 9 August Update – House Prices ( Page 2 )
August Update – House Prices
August 22, 2025

Signs of Stability, With Sellers Becoming More Realistic

The latest house price reports suggest that while growth has returned in some areas, the market is still finely balanced.

Halifax House Price Index

The Halifax report showed a monthly rise of +0.4%, the largest increase so far this year. The annual growth rate stood at +2.4%, bringing the average UK house price to £298,237.

Amanda Bryden, Head of Mortgages at Halifax, commented:

“UK house prices rose in July, up by +0.4% (£1,080 in cash terms), the biggest monthly increase since the start of this year. The average house price is now +2.4% higher than a year ago.”

You can view the full Halifax report here.

Nationwide House Price Index

Nationwide also reported growth, with a monthly increase of +0.6% and an annual rise of +2.4%, up from +2.1% in June.

Robert Gardner, Nationwide’s Chief Economist, said:

“July saw a pickup in annual house price growth to 2.4%. Affordability has improved slightly, with the house price-to-earnings ratio now at its lowest level for over a decade, though it still remains a significant challenge for many buyers.”

You can view the full Nationwide report here.

Rightmove Asking Price Index

The Rightmove index, which reflects asking prices rather than completed transactions, showed a monthly fall of -1.3% in August, bringing the average asking price down to £368,740.

Despite the drop, activity levels remain strong, with July reported as the busiest month for sales agreed in five years.

Tim Bannister, Director of Property Science at Rightmove, noted:

“Savvy summer sellers have read the room and are coming to market with even more competitive pricing than usual to stand out and attract serious buyers.”

You can view the full Rightmove report here.

Hometrack / Zoopla House Price Index

Hometrack (Zoopla) reported that buyer demand was up 11% year-on-year in their latest report, with 8% more sales agreed compared to last summer. However, annual price inflation was more subdued at +1.3%, reflecting strong supply keeping price growth in check.

Richard Donnell, Executive Director of Research at Zoopla, said:

“While demand has improved, the increased supply of homes for sale is acting as a natural brake on house price inflation. Sellers will need to remain realistic, particularly in higher-value markets.”

You can view the full Hometrack report here.

Our Thoughts

The latest figures show a mixed but steady picture. Halifax and Nationwide both reported meaningful growth in July, while Rightmove and Zoopla highlight how seller pricing is becoming more realistic in order to attract buyers.

We’ve noticed the same trend in our own conversations with clients — demand is there, but buyers are highly price-sensitive and quick to move on if properties are over-valued.

With mortgage affordability improving slightly and schemes to support first-time buyers in play, activity levels could remain resilient into the autumn. However, wider economic uncertainty means we shouldn’t expect rapid price growth.

For anyone considering a move, getting the right advice early can make a big difference.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Information correct at time of writing – August 2025.

Easy Street Financial Services Limited is authorised and regulated by the Financial Conduct Authority. FCA No. 1013595.

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