By Gilson Gray
December 12, 2025
London Property Market Update: October 2025
London’s housing market is showing quiet confidence this autumn, with activity holding steady and buyers feeling a little more in control.
The average London home now stands at around £562,000, a modest 0.7% rise year-on-year. While asking prices have softened slightly, sales agreed are up 5% compared with 2024, clear proof that the right properties, priced sensibly, are still moving.
Mortgage rates have eased a little from last year’s highs, giving buyers renewed energy. Sellers, on the other hand, are learning that realistic pricing and good presentation are key to securing motivated buyers in today’s market.
All eyes are now on the Autumn Budget, which could bring meaningful updates for the property sector. From support for first-time buyers and incentives for developers, to potential reforms for landlords, any positive measures here could lift market confidence as we head into 2026.
In summary:
- Buyers are finding more choice and negotiating room.
- Sellers should focus on smart pricing and presentation.
- Investors are watching the Budget closely for the next opportunity.
London remains a resilient and desirable market – evolving, adjusting, and offering opportunities for those ready to move with the times.
For support in buying or selling a property in London, our team are here to help. Find out more here.
