I know London prices are down but in other areas such as Hampshire where I live I’ve noticed sales volumes have dropped significantly. Asking prices are also starting to fall, not by much so far from nervous sellers but it smells to me like affordability is the issue? Am I wrong? No mention in the MSM so far. 
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They will never drop so much as they should, unfortunately.
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They are 30-40% overpriced IMO. Madness to be building all over the countryside to excuse the biggest house price bubble in history
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UK house prices are still around 0.5% increased on average the data reflects the summer months June-August 2025, it is stated the UK housing market has been slowing down with respect to buyer demands and lack of sales activity caused a drop in prices only for a period of time. The sentiment remains cautious due to stagnation, policies, economic drivers in the market as a whole tends to shake consumer reliance on trends, and systematic data itself. As most are aware the houses certainly are above my price range making the appearance of being overpriced.
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Great point-thanks. I’ve been a trader in the City for years and we use a “street signs” or “sniff test” approach. Ignore all the expert/economist advice and find out for your self. So I visited 3 estate agents locally to enquire about selling my house. Zero replies. I went to 3 different agents to register interest as a cash buyer-swamped with responses. Hmmmm
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As a university student who will never be able to afford house, there is nothing I would like more than a house price collapse
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Houses prices in the UK are long overdue to substantial decline. The question is what happens to all the people aged 40 and below who bought at the top and on the way up and who are now stuck with £400k mortgages while raising families. Intergenerational capital gains tax on primary residences would be one (impossible to implement) solution
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UK house prices need to drop 30-35% which to me is their real value.
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I was selling earlier this year and got very swift responses from every agent i spoke to.
I’m about an hour away from central london (but still on a tfl line), so maybe it’s just more of a problem the closer to central you get.
This is getting some attention now. Bad luck to all the VPs and associates who bought flats in London
I saw a pretty famous example (in Canada Water, I think) of a 1 bedroom flat being listed at ~£450k after it was bought for £600k just two years before.
In a hybrid working world, that zone that’s an hour or so commute into london seems the ideal distance.
Far enough away that you can get a sizeable house for your money, but not so far that you couldn’t handle a commute 2/3 days a week