Is June 2025 a good time to sell?
Selling your home is a significant decision, and timing can play a crucial role in achieving the best outcome. With the UK property market experiencing various shifts in 2025, it’s essential to understand the current landscape before making a move. Making an informed decision about selling your house involves not only considering market trends and timing, but also your personal circumstances and other factors that may influence your choice. This guide provides insights into the latest market trends, interest rates, and mortgage products to help you determine if now is the right time to sell.
Understanding the Current Property Market
As of May 2025, the UK housing market presents a mixed picture. According to the Office for National Statistics, the average house price in England reached £296,000 in March 2025, marking a 6.7% increase from the previous year. Regional differences in average house prices remain significant, with some areas experiencing much steeper price growth than others. Land Registry data also highlights ongoing trends in price growth across the UK, supporting the observed increases and regional variations. However, monthly growth has shown signs of slowing, with a 0.6% decrease reported by Nationwide in April. This deceleration is partly attributed to recent changes in stamp duty thresholds, which have influenced buyer behaviour.
Despite these fluctuations, Rightmove reports that average asking prices hit a record £379,517 in May, driven by a surge in new listings ahead of stamp duty changes. While this indicates strong seller activity, the market remains competitive, and pricing your property appropriately is more important than ever. Recent price growth has resulted in higher prices for houses in certain regions, making affordability a key concern for many buyers.
Interest Rates and Mortgage Products
The Bank of England has made several adjustments to the base rate in recent months, lowering it to 4.25% in May 2025. This reduction aims to stimulate economic activity and has a direct impact on mortgage rates. For homeowners considering selling, this environment can be advantageous, as lower interest rates often lead to increased buyer interest.
Mortgage products have also evolved, with lenders like Santander and HSBC reducing rates across various offerings. Mortgage lenders’ rate reductions can be especially beneficial for time buyers, such as first-time buyers and young couples, as they make entering the market more affordable and accessible. For instance, Santander announced reductions of up to 0.19% on over 60 mortgage products, making borrowing more accessible for potential buyers. These changes can enhance the pool of qualified buyers, potentially leading to quicker sales.
Local Market Conditions
Local factors significantly influence the desirability and value of your property. In Worthing and the surrounding local area, demand remains steady, particularly for homes near good schools, transport links, and amenities. However, it’s essential to consult with local estate agents who can provide up-to-date information on buyer demand and pricing trends in your specific area. The advice from an average estate agent may be generic, so it’s beneficial to seek guidance from a more experienced or accredited agent who understands the nuances of the local area. For added credibility, look for estate agents who are members of a national association, such as the National Association of Estate Agents. Additionally, use property portals to research recent sales and trends in the local area to better understand current market conditions.
The Role of Supply and Demand
The property market is fundamentally shaped by the relationship between supply and demand. When more buyers are searching for homes than there are properties available, sellers often benefit from higher house prices and quicker sales. This seller’s market can lead to competitive bidding and a greater chance of achieving your asking price. Conversely, if there are more properties on the market than buyers, it becomes a buyer’s market, which can result in lower house prices and longer selling times.
Understanding your local market conditions is key to making informed decisions about when to sell your house. Estate agents with experience in your area can provide valuable insights into current buyer demand and the number of properties available. By staying informed about the market and working closely with estate agents, you can better navigate the selling process and choose the right time to sell your property.
House Prices and Trends
House prices play a pivotal role in deciding when to sell a property. Over recent years, the average house price in the UK has generally trended upward, though growth rates can vary significantly between regions. Monitoring both national and local house price trends can help you determine the best time to sell and set realistic expectations for your sale.
It’s also important to consider the costs involved in selling, such as stamp duty land tax and estate agent fees, which can impact your overall return. The housing market is dynamic, with property prices influenced by economic factors, government policies, and buyer sentiment. Staying up-to-date with the latest market trends and forecasts will help you make informed decisions and maximise the value of your property when you decide to sell.
| Factor | Status in June 2025 | Impact on Selling |
|---|---|---|
| Average House Price | £296,000 (England) | Slight cooling but still relatively high |
| Bank of England Base Rate | 4.25% | Lower borrowing costs may boost buyer interest |
| Mortgage Availability | Rates reduced by major lenders | Increased affordability attracts more buyers |
| Buyer Demand | Moderate but active | Well-presented homes still in demand |
| Stamp Duty Rules | Threshold updates created a listing spike | More listings may increase competition |
Timing Your Sale
Timing your house sale is about more than just watching the market—it’s also about aligning with your personal circumstances and financial goals. Seasonal factors, such as summer holidays and school holidays, can have a noticeable impact on buyer demand. Typically, the best time to sell a house is during the spring and early summer months, when more buyers are actively searching and properties tend to sell faster.
However, selling outside of these peak periods can also be advantageous. With fewer properties on the market, your home may attract more attention from serious buyers. Ultimately, the right time to sell depends on a combination of market conditions, your own needs, and the unique features of your property.
Best Time to Sell
Determining the best time to sell your property involves weighing various factors, including local market conditions, the type of property you own, and the time of year. Spring and early summer are often considered the best time to sell, as properties look their best and potential buyers are keen to move before the new school year begins. Gardens are in full bloom, and longer daylight hours make viewings more appealing.
Estate agents can offer tailored advice based on the local market and your specific property type, helping you identify the optimal window for your sale. By considering these factors, you can increase your chances of selling quickly and achieving a favourable price.
Selling Outside of Peak Season
While many sellers aim for the peak season, there are distinct advantages to selling outside of these busy months. During off-peak seasons, there are typically fewer properties on the market, which can help your home stand out and attract more buyers. Additionally, buyers searching during these times are often more motivated, leading to smoother negotiations and a faster sale.
Your circumstances and local market conditions should guide your decision on when to sell. With the right marketing strategy and a realistic asking price, selling outside of peak season can be just as successful, if not more so, than waiting for the traditional selling months. Working with experienced estate agents can help you make the most of your sale, regardless of the season.
Preparing Your Home for Sale
First impressions matter. Before listing your property, ensure it’s well-presented to attract potential buyers. Simple steps like decluttering, freshening up paintwork, and addressing minor repairs can make a significant difference. It’s also crucial to prioritise essential repairs, as these can increase your home’s appeal, prevent issues during viewings, and help facilitate a quicker sale. Additionally, enhancing kerb appeal by tidying the garden and ensuring the exterior is clean can create a positive impact. If you have completed any major renovations or extensions, make sure you have obtained the necessary planning permission to avoid complications during the sale.
Choosing the Right Estate Agent
Selecting an experienced estate agent familiar with your local market is crucial. They can provide valuable insights into pricing strategies, marketing approaches, and negotiation tactics. A good agent will also guide you through the legal aspects of the sale, including understanding legal fees associated with the transaction, ensuring a smooth process.
Considering Your Personal Circumstances
While market conditions are important, your personal situation should also influence your decision to sell. Factors such as job relocation, family needs, or financial considerations play a role. You may need to sell my house quickly due to a change in circumstances, or you might consider renting it out as a rental property if you’re not ready to move. Some homeowners may be looking to move to a new property, such as retirement homes or a larger house, depending on their stage of life and needs. When making these decisions, it’s crucial to understand your mortgage payments and consult your mortgage lender, especially if you’re considering letting your property. Be aware of the tax implications of house selling, including capital gains tax, particularly if the property was used as a rental property. Seasonal variations, such as early autumn or the off season, can significantly affect house selling, and certain property types sell better at different times of year. Timing your sale can help you achieve the best price and sell your house quickly, especially during periods of high demand or strong demand. In markets with high demand and limited supply, bidding wars can occur, sometimes resulting in only one buyer making a successful offer. Current market conditions influence prospective buyers, so it may be wise to delay putting your house on the market until conditions improve. Remember, the sale is only complete once the property is sold, and understanding the process for different property types is important for a successful transaction.
The UK property market in 2025 offers both opportunities and challenges for sellers. With interest rates at a favourable level and mortgage products becoming more accessible, buyer activity is encouraged. However, market fluctuations and regional differences necessitate careful consideration.
If you’re contemplating selling your home, now could be a suitable time, provided you approach the process with thorough preparation and professional guidance. At Speed Property Buyers, we’re here to assist you every step of the way, offering expert advice and support tailored to your needs.
Note: This blog post is based on the latest available data as of May 2025. For personalised advice, please consult with a property professional.
