UK Property Market Update: Price Smart, Sell Fast in North Yorkshire
September 2025 sees a modest lift in the UK housing market. Rightmove reports a 0.4% rise in asking prices to £370,257. In Yorkshire & The Humber, values are up 2% year-on-year, with homes taking 66 days to sell, making realistic pricing vital for sellers.
September 2025 has brought a subtle but meaningful rebound in the UK housing market. Rightmove’s House Price Index reports a 0.4% rise in asking prices this month (an average gain of £1,517), taking the national average to £370,257. While this is still 0.1% lower than this time last year, it signals renewed momentum among sellers.
In Yorkshire & The Humber, asking prices are up 1.9% month-on-month and 2.0% year-on-year, with the average time to secure a buyer hovering around 66 days.
For our area of North Yorkshire, these trends mean one thing clearly: pricing right from the outset isn’t just a tactic, it’s essential.
A Tale of Two Markets
Savvy Seller are making strides with:
- Realistic Pricing, often aiming at key search brackets (e.g. £250k, £300k, £350k)
- Viewings within the first 2-4 weeks with less discounting on negotiations.
Over-Pricers are sitting longer with:
- Viewings tapering off after launch, often leading to reductions later
- Forced to drop prices by 5% or more, which can reduce final net by more than just the cut itself (chasing the market down)
North Yorkshire Outlook
So, what should buyers and sellers in North Yorkshire take away from this?
- Competitiveness in search brackets: Homes priced just above a meaningful round number (say, just over £300,000) often lose out in buyer searches. A house listed at £305k is invisible to someone searching “up to £300k”; banding into the right bracket from day one can make all the difference.
- Buyer expectations: The market is more educated thanks to online comparables, mortgage valuations, and portals showing how many listings have had price reductions. Fresh, well-priced homes are gaining trust; long standing, overpriced homes are viewed with suspicion (“Why hasn’t anyone bought it yet?”).
- Family homes & well-renovated period properties in towns like Northallerton, Richmond & Bedale are still in demand-when priced properly.
- Rural or character homes can fetch premiums, but buyers in DL8–DL11 tend to compare heavily per sq ft/condition/access; over-pricing these tends to highlight flaws.
- Higher-value homes (>£500,000) are seeing more sliding in asking vs sale price in recent months, market sensitivity is sharper at the top end.
If you're thinking of a move this year, get in touch with our Sales Team for any advice- 01748 834373