Is Your Home Value on the Rise in 2025? Find Out with a Free Valuation
Happy New Year homeowners! If selling is on your mind in 2025, don’t do anything before reading this article from your Sussex Property Experts.
After two years of a slow property market, and the highest interest rates since 2008, we observed a defiant upturn throughout the second half of 2024. Richard Donnell, executive director at Zoopla, confirms this sentiment by saying “The housing market returned to growth in 2024 with more sales and higher prices as mortgage rates fell.” This is fantastic news for those of you looking to sell this year. Donnell continues, “We expect average UK house prices to increase by 2.5 per cent in 2025.”
Where's The Evidence?
Despite a dip in prices in December, UK house prices grew 3.3% across the year (Office for National Statistics). Further, despite those high interest rates, we are beginning to see a fall in these, with two rate cuts in 2024, and experts predicting more in 2025. Mark Preskett, senior investment consultant and portfolio manager at Morningstar Investment Management, won’t put a number on the rate reductions he expects in 2025, but he is convinced there will be cuts. He says, “It’s fair to say that inflation seems to be on the way down in the UK. That could pave the way for three or four rate cuts next year (2025).”
Global Experts versus Local Experts
It’s fantastic to see global and national financial experts predicting favouring market conditions in 2025, but what does this mean for the Sussex property market and those of you within our local community who want to sell in 2025? The experts at Oakley Property weigh in:
David Beaken, Director, Lewes
“This year, there are no more elections on the horizon to disrupt the market. In 2024, a whopping total of 74 elections were hold across the globe, all contributing to the global, and therefore national, economy. With the political landscape much more stable in 2025, buyers and sellers can plan with confidence.
Interest rates, while still a key consideration, are not expected to fluctuate dramatically in the coming year, offering more predictability for those securing mortgages. And with no significant changes to the budget forecast, the economy seems set to continue its steady course.
With external factors in a more predictable position, you can now focus on your personal priorities. Whether upsizing, downsizing, or simply seeking a fresh start, 2025 offers an exciting opportunity to seize the next chapter of life.”
Nick Williams, Associate Director Shoreham 
"As we step into 2025, the Shoreham market is showing positive signs. We have booked a record number of valuations in January from local homeowners looking to make their move this year, and there is an increase in demand from buyers wanting to capitalise before the stamp duty changes in April. There is undoubtedly an uplift in consumer confidence, and we expect 2025 to be a steady year for people to act on their plans. We recognise there will be challenges ahead though, and we hope the Bank of England and the government play their part."
Andy Hovey, Residential Sales Director
"The past eighteen months have been testing for property sales nationwide, and Brighton & Hove have been no exception. However, there are some notable trends emerging that may shape the market in the coming months.
Pent Up Demand from Buyers and Stabilising Interest Rates
One of the key factors influencing the property market in Brighton & Hove is the pent-up demand from buyers. The uncertainty brought about by the raising interest rates and the 2024 general election led many potential buyers to put their property plans on hold. However, with the recent stabilisation of interest rates and the overall economic outlook looking more positive, buyers are once again showing interest in the market.
A Strong Start to the New Year
The property market in Brighton & Hove has seen a strong start to 2025, with an influx of new properties coming onto the market. This is a promising sign for both sellers looking to list their properties and buyers searching for their dream homes.
Positive Outlook for the Coming Months
Looking ahead, the residential sales market in Brighton & Hove appears to have a positive outlook for the coming months. With interest rates expected to remain stable and possibly fall further, and with buyer demand on the rise, now is an excellent time to be getting ready to make your move."
Successful Selling in 2025
If you’re a frequent reader of our market analysis articles, you will already be familiar with the importance of accurately positioning your property on the market. But how does one do this? Well, that’s where your local property experts step in.
“Serious sellers looking to move home in 2025 need to consider the local market fundamentals which will have an impact on how you price your home. Speaking to local agents is the best way to get insight into local conditions and how to price your home for a sale.” - Richard Donnell, Estate Agent Today, 20th January 2025
Your Next Steps
With national and local expertise all pointing in the direction of positive market conditions, now is the perfect time to start your 2025 selling journey. Click on the link below to arrange a free market appraisal from one of our expert team.
