Key Takeaways from the April 2025 Rightmove Report
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New Record Price: Average asking prices rose by £5,312 in a single month—more than double the typical monthly increase for this time of year.
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Market Momentum: Buyer demand is up 5% compared to the same time last year, while the number of properties coming to market has also increased by 4%. It’s a clear sign of growing confidence.
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Regional Strength: The Midlands and North of England have set new regional price records, while London continues its steady climb, now with its own record-high average asking prices.
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Seller Confidence: With more listings and sustained buyer interest, sellers are increasingly optimistic. But the report reminds sellers to remain realistic with pricing, as affordability remains a key concern.
What Does This Mean for First-Time Buyers?
First-time buyers are undoubtedly feeling the pressure. The recent reduction in stamp duty relief—from £425,000 down to £300,000—has made the climb onto the property ladder a bit steeper. Rightmove reports that only 37% of homes now qualify for full stamp duty relief, compared to 58% previously. In high-demand urban markets like London, that percentage is even lower.
For aspiring homeowners, this means more careful budgeting and a need to act decisively when the right property comes along. It also reinforces the importance of working with a knowledgeable agent who understands your goals and can help you navigate the competitive landscape.
At Crown Luxury Homes, we’re committed to helping first-time buyers access properties that suit their lifestyle and long-term plans, whether that’s a sleek new-build in Canary Wharf or a cosy apartment in Finsbury Park.
For Landlords: A Market of Opportunity—But Also Strategy
If you’re a landlord, this report brings a mix of opportunity and caution.
On one hand, the highest number of homes for sale in a decade means landlords and investors have more choice when expanding their portfolios. More importantly, growing buyer interest is a positive indicator of future capital appreciation.
But on the other hand, landlords must now rethink their rental pricing strategies. With more stock available to rent and buy, tenants are becoming more selective. A property that’s slightly overpriced or lacks modern finishes could sit vacant longer than expected.
Smart landlords are using this moment to enhance the appeal of their properties, whether through light refurbishments, staging, or more proactive property management. At Crown Luxury Homes, our full-service lettings and management approach ensures that your property is professionally marketed, carefully maintained, and priced in line with local demand to reduce void periods and maximise returns.
Our clients benefit from hands-on guidance, accurate rental valuations, and a tailored service designed for long-term results—not just short-term lets.
The Tenant Perspective: More Choice, Same Challenges
For tenants, an increase in available properties is a welcome change after years of tight supply. More listings mean more room to negotiate on rent, location, and amenities. However, affordability remains a concern, especially in central and desirable parts of London where rental prices remain high despite improved stock levels.
As a letting agent working across key developments like White City Living, Goodman’s Fields, and One Park Drive, we’re seeing a rise in tenant enquiries for well-maintained, efficiently managed homes. Tenants are prioritising landlords and agents who can offer clear communication, quick maintenance response times, and transparency on costs—all areas we pride ourselves on.
The Bigger Picture: What Comes Next?
The market’s performance so far in 2025 suggests renewed stability and confidence. While global economic concerns and interest rate speculation persist, UK property appears to be weathering those pressures well. Sellers are pricing more confidently, buyers are actively searching, and landlords are continuing to invest.
But the real test will come in the second half of the year, especially if interest rates remain high or mortgage affordability tightens further.
In the meantime, the key for all parties—whether buying, selling, renting, or letting—is to stay informed, move with strategy, and lean on expert guidance.
Final Thoughts from Crown Luxury Homes
At Crown Luxury Homes, we don’t just react to the market—we help you navigate it. Whether you’re a landlord looking to maximise returns, a tenant seeking the right lifestyle match, or a buyer ready to take that next step, we offer a premium, personalised approach to property in London.
The April 2025 figures are encouraging—but more than anything, they remind us that now is the time to act strategically.
If you’re thinking of renting, selling, or investing, let’s talk. The market is moving—and with the right advice, so can you.
