April 2025 Property Market Insights

We understand how important it is to stay informed about the property market, and we’re here to share valuable insights that highlight the latest trends.

Let’s dive into what’s happening in the UK property market this April. Whether you’re buying, selling, or just curious, Hoopers Estate Agents in Neasden have got you covered with the latest trends in house prices, timelines, and more.

Asking Prices – Rightmove

In March 2025, Rightmove noted an increase in asking prices:

• Monthly Increase: Up by 1.1%, about £3,876, from last month.
• Average Asking Price: Now at £371,870.

This rise aligns with spring market trends, where sellers expect more buyer interest. With the highest number of properties for sale in a decade, buyers have plenty of options. Even as some stamp duty incentives end, buyer interest remains lively, indicating strong market confidence.

Surveyor Insight – RICS

The Royal Institution of Chartered Surveyors (RICS) tells us the market is stabilising:

• Buyer Enquiries: The net balance for new buyer enquiries improved to -29% in February, up from -45% in January, indicating a less pronounced decline in demand.​
• Agreed Sales: Steady with a net balance of +1%, showing stable transaction levels.
• Market Outlook: Surveyors expect sales to rise over the next three months, showing cautious optimism.

These points show a market ready for future growth, even as it cools slightly.

Market Outlook – Zoopla

Looking forward, Zoopla predicts a steady flow of sales for 2025:

• Sales Growth: More agreed sales are expected as more sellers-who-are-also-buyers enter the market.
• Price Inflation: House price growth should ease as supply increases and stamp duty costs in England begin to impact pricing.

For sellers, being realistic with pricing is key. Buyers have choices and aren’t looking to overspend. The market feels more balanced and stable, with supply and demand in healthy tension.

How Long Does It Really Take To Buy A Home?

Buying a home? It involves several stages, each with its own timeline. Here’s a breakdown from Move iQ, usually spanning 12 to 22 weeks:

• Mortgage Approval: Takes from 5 days to 8 weeks, depending on your finances and lender rules.
• Selling Your Current Home: If selling too, it could take 4 to 10 weeks, influenced by the market and your property’s appeal.
• Finding a New Home: Can vary, generally 1 to 10 weeks, based on what’s available and your preferences.
• Making an Offer: Usually 1 to 2 weeks to negotiate and get your offer accepted.
• Conveyancing: This legal process averages 12 to 16 weeks to transfer ownership.
• Property Survey: Takes about 1 to 3 weeks to check everything’s in order.
• Moving In: Finally, moving in can take from 1 day to 2 weeks, depending on your move’s complexity.

Planning to move in by the start of the 2025 - 2026 school year? Start now to manage any potential delays and avoid disappointment.

Are you moving home in North London?

Please get in touch with the team for a more localised property market review of your specific postcode. Hoopers Estate Agents has been selling homes in Neasden and the surrounding areas for over 40 years and would be delighted to assist you.

Get in touch today on 020 8450 1633. Click here for a free, instant online valuation of your home.

Note: The information in this article is based on data as of April 2025 and may change. Always seek professional advice for your specific circumstances.