Market Update for October 2025 - What’s Happening in Earley?
The market’s showing calm signs of movement. Growth remains modest both nationally and across the South East. For Earley, it’s about subtle shifts rather than a breakout.
So how’s the market this month? Nationally, things are steady. The latest data shows the average UK house price in July 2025 at around £270,000, up +2.8% year-on-year.
Mortgage approvals dipped slightly in August to 64,700, suggesting that buyer momentum remains cautious.
Asking prices are holding up too - September’s index reports an average asking price of £370,257, up +0.4% month-on-month. Supply is growing though, especially in the South East, with more homes on the market giving buyers a bit more breathing room.
Mortgage rates remain elevated compared to pre-2022 levels, with the effective rate on new loans at 4.26% in August.
In short: moderate growth, more choice, and stable but sensible pricing.
Looking closer to home, the South East continues to show slower growth than many other regions - around +0.7% annually.
In West Berkshire, the average home now stands at about £397,000, up +3.1% on last year.
Across Reading, the average price is £348,000, down -2.0% annually. That paints Earley’s picture fairly clearly: prices are broadly flat, with occasional gains depending on type and location. Detached homes and modern family houses tend to hold value best.
For sellers, the key is smart pricing - the gap between listed and sold prices has narrowed as buyers have more to choose from.
For sellers:
- Set realistic expectations
- Highlight lifestyle benefits (schools, parks, transport)
- Work with your agent on proactive marketing rather than waiting for buyers to appear
For buyers:
- There’s a little more breathing space than before
- Mortgage rates are still higher than long-term averages, so focus on securing a good deal
- Don’t expect prices to tumble, but you may find opportunities where sellers are motivated
Keep an eye on the Autumn Budget for any stamp duty or tax changes that could nudge confidence.
Conclusion:
For October 2025, Earley’s housing market is steady rather than surging. National growth is modest, regional growth slower, but fundamentals remain solid. Sellers should price smartly and act decisively; buyers have a chance to move with less competition - but still need to be prepared.
Sources:
Office for National Statistics - UK House Price Index, September 2025
Trading Economics - UK Mortgage Approvals, August 2025
Rightmove - House Price Index, September 2025
Fine & Country - South East Market Report, Autumn 2025
Bank of England - Money and Credit, August 2025
Housemetric - South East Market Analysis
Office for National Statistics - West Berkshire House Prices
Office for National Statistics - Reading House Prices