The West Midlands property market remains one of the most dynamic and resilient regions in the UK, and recent insights from Rightmove shed new light on key trends shaping everything from house prices to rental demand. In this analysis, we’ll break down what these findings mean for homeowners, investors, and tenants across Birmingham, Coventry, Wolverhampton, and the wider region, connecting the data to real-world opportunities and considerations for anyone navigating the local property landscape.
At Kunda House, we stay closely aligned with the latest market intelligence to ensure our community has the information they need to make confident decisions. Whether you’re exploring a short stay in Birmingham, considering a long-term rental investment, or tracking price movements for your next home purchase, understanding the trends highlighted in this analysis will help you stay ahead of the curve.
Date published: 21 July, 2025 House Price Index - July 2025 Download full report Contents Summary Average asking price trends Regional map London trends Affordability trends Price is key as sellers compete for buyers with big July price drop The average price of property coming to the market for sale drops by 1.2% (-£4,531) this month to £373,709.
With the number of available homes still at a decade-high level, summer sellers are pricing even more competitively to attract buyer interest: London is the biggest regional driver of new seller asking price falls this month (-1.5%), led by Inner London (-2.1%) Realistic and competitive pricing is key to selling, both improving buyer affordability and stimulating stronger buyer activity: The number of sales being agreed is 5% higher than at this time last year The number of potential future buyers contacting estate agents about homes for sale is 6% higher than last year Average new seller asking prices are now just 0.1% higher than they were a year ago.
With lower mortgage rates and average wage rises outstripping both house prices and inflation, overall buyer affordability continues to improve Rightmove’s mortgage tracker shows that the average two-year fixed mortgage rate is 4.53%, compared with 5.34% at this time last year, a saving of nearly £150 per month on a typical new mortgage: The markets are currently forecasting two more Bank Rate cuts this year, which would help to further stimulate activity At the halfway point of the year, Rightmove is reducing its price forecast for 2025 from +4% to +2%, as the high level of seller competition is limiting price growth, and retaining its prediction of 1.15 million transactions this year A large monthly price fall this July of 1.2% Prices are now just 0.1% ahead of this time last year Sales agreed now 5% higher than last year, helped by competitive pricing National average asking price Jul 2025 £373,709 Jun 2025 £378,240 MoM change -1.2% YoY change +0.1% National average asking price by market sector (excluding inner London) First time buyers £227,466 MoM change -0.6% YoY change -0.2% Second-steppers £346,222 MoM change -0.6% YoY change +0.8% Top of the ladder £687,422 MoM change -1.6% YoY change +0.9% “We’re seeing an interesting dynamic between pricing and activity levels right now.
The healthy and improving level of property sales being agreed shows us that there are motivated buyers out there who are willing to finalise a deal for the right property.
What’s most important to remember in this market is that the price is key to selling.
The decade-high level of buyer choice means that discerning buyers can quickly spot when a home looks over-priced compared to the many others that may be available in their area.
It appears that more new sellers are conscious of this and are responding to this high-supply market with stand-out pricing to entice buyers and get their home sold. “It’s been a promising first half of the year for activity levels, particularly when you consider that some will have brought their plans forward to try to avoid added stamp duty from April.
Even after the stamp duty deadline, we’re seeing more sales being agreed and more new potential buyers entering the market than at the same time last year.
Still, the knock-on effect of high buyer choice is slower price growth, so we’re revising down our prediction of how much the asking price of a home will increase over the whole of the year.
Looking ahead to the second half of 2025, there will still very likely be the usual quieter seasonal periods around the summer holidays and Christmas, but we expect market activity to continue to be resilient.
Crucially, buyer affordability is heading in the right direction, and another two Bank Rate cuts before 2026 would be a big boost to this.” Colleen Babcock, property expert at Rightmove Average asking price trends Download PNG Select the format in which you wish to download the asset Monthly average asking price trend Date Average Asking Price July 2025 £373,709 June 2025 £378,240 May 2025 £379,517 April 2025 £377,182 March 2025 £371,870 February 2025 £367,994 January 2025 £366,189 December 2024 £360,197 November 2024 £366,592 October 2024 £371,958 September 2024 £370,759 August 2024 £367,785 Show all rows Download PNG Select the format in which you wish to download the asset 5 year asking price trend Date Average Asking Price July 2025 £373,709 June 2025 £378,240 May 2025 £379,517 April 2025 £377,182 March 2025 £371,870 February 2025 £367,994 January 2025 £366,189 December 2024 £360,197 November 2024 £366,592 October 2024 £371,958 September 2024 £370,759 August 2024 £367,785 July 2024 £373,493 June 2024 £375,110 May 2024 £375,131 April 2024 £372,324 March 2024 £368,118 February 2024 £362,839 January 2024 £359,748 December 2023 £355,177 November 2023 £362,143 October 2023 £368,231 September 2023 £366,281 August 2023 £364,895 July 2023 £371,907 June 2023 £372,812 May 2023 £372,894 April 2023 £366,247 March 2023 £365,357 February 2023 £362,452 January 2023 £362,438 December 2022 £359,137 November 2022 £366,999 October 2022 £371,158 September 2022 £367,760 August 2022 £365,173 July 2022 £369,968 June 2022 £368,614 May 2022 £367,501 April 2022 £360,101 March 2022 £354,564 February 2022 £348,804 January 2022 £341,019 December 2021 £340,167 November 2021 £342,401 October 2021 £344,445 September 2021 £338,462 August 2021 £337,371 July 2021 £338,447 June 2021 £336,073 May 2021 £333,564 April 2021 £327,797 March 2021 £321,064 February 2021 £318,580 January 2021 £317,058 December 2020 £319,945 November 2020 £322,025 October 2020 £323,530 September 2020 £319,996 August 2020 £319,497 July 2020 £320,265 Show all rows Download PNG Select the format in which you wish to download the asset Monthly changes in average asking prices Date Percentage change July 2025 -1.20% June 2025 -0.30% May 2025 0.60% April 2025 1.40% March 2025 1.10% February 2025 0.50% January 2025 1.70% December 2024 -1.70% November 2024 -1.40% October 2024 0.30% September 2024 0.80% August 2024 -1.50% Show all rows Download PNG Select the format in which you wish to download the asset Average stock per agent (including Under Offer/SoldSTC) Date Average stock per agent July 2025 65 June 2025 65 May 2025 63 April 2025 60 March 2025 59 February 2025 57 January 2025 56 December 2024 56 November 2024 61 October 2024 63 September 2024 63 August 2024 62 Show all rows Download PNG Select the format in which you wish to download the asset Time to secure buyer (National) Date Days to secure buyer July 2025 62 June 2025 60 May 2025 59 April 2025 59 March 2025 64 February 2025 68 January 2025 77 December 2024 72 November 2024 65 October 2024 62 September 2024 61 August 2024 60 Show all rows Regional map Hover over a GB region to see the results East Midlands Average price £292,244 MoM change +0.0% YoY change +0.6% Averagedays to find a buyer 64 East of England Average price £422,521 MoM change -0.6% YoY change -0.4% Averagedays to find a buyer 62 London Average price £684,689 MoM change -1.5% YoY change -1.1% Averagedays to find a buyer 64 North East Average price £196,844 MoM change +1.2% YoY change +2.0% Averagedays to find a buyer 54 North West Average price £269,048 MoM change -1.2% YoY change +1.8% Averagedays to find a buyer 59 Scotland Average price £199,590 MoM change -0.4% YoY change +2.2% Averagedays to find a buyer 32 South East Average price £486,619 MoM change -1.2% YoY change +0.2% Averagedays to find a buyer 65 South West Average price £387,436 MoM change -1.1% YoY change -1.4% Averagedays to find a buyer 65 Wales Average price £270,901 MoM change -0.5% YoY change +2.0% Averagedays to find a buyer 69 West Midlands Average price £297,038 MoM change -1.0% YoY change +1.1% Averagedays to find a buyer 59 Yorkshire and The Humber Average price £258,607 MoM change -0.1% YoY change +2.6% Averagedays to find a buyer 61 Download PNG PDF Select the format in which you wish to download the asset Regional Map Date Region Avg price MoM change YoY change Avg time on market July 2025 Yorkshire and The Humber £258,607 -0.10% 2.60% 61 days July 2025 West Midlands £297,038 -1.00% 1.10% 59 days July 2025 Wales £270,901 -0.50% 2.00% 69 days July 2025 South West £387,436 -1.10% -1.40% 65 days July 2025 South East £486,619 -1.20% 0.20% 65 days July 2025 Scotland £199,590 -0.40% 2.20% 32 days July 2025 North West £269,048 -1.20% 1.80% 59 days July 2025 North East £196,844 1.20% 2.00% 54 days July 2025 London £684,689 -1.50% -1.10% 64 days July 2025 East of England £422,521 -0.60% -0.40% 62 days July 2025 East Midlands £292,244 0.01% 0.60% 64 days June 2025 Yorkshire and The Humber £258,839 0.20% 1.90% 62 days June 2025 West Midlands £299,934 -0.90% 1.50% 61 days June 2025 Wales £272,381 0.40% 2.40% 68 days June 2025 South West £391,885 -1.60% -0.70% 65 days June 2025 South East £492,538 -1.00% -0.60% 62 days June 2025 Scotland £200,472 -0.50% 1.70% 31 days June 2025 North West £272,388 0.90% 3.90% 56 days June 2025 North East £194,578 -0.50% 1.30% 50 days June 2025 London £695,414 -0.90% 0.00% 62 days June 2025 East of England £425,172 -0.40% 1.20% 60 days June 2025 East Midlands £292,221 0.10% 0.70% 64 days May 2025 Yorkshire and The Humber £258,231 0.80% 1.60% 62 days May 2025 West Midlands £302,632 2.40% 2.41% 60 days May 2025 Wales £271,269 0.90% 2.26% 70 days May 2025 South West £398,398 1.00% 0.98% 64 days May 2025 South East £497,475 1.00% 0.64% 61 days May 2025 Scotland £201,500 0.50% 2.48% 31 days May 2025 North West £269,992 1.30% 3.88% 58 days May 2025 North East £195,479 0.70% 2.80% 51 days May 2025 London £701,990 0.40% 0.69% 60 days May 2025 East of England £426,668 0.40% 1.02% 63 days May 2025 East Midlands £291,918 -0.10% 1.22% 67 days April 2025 Yorkshire and The Humber £256,121 1.30% 1.74% 67 days April 2025 West Midlands £295,573 1.50% 1.20% 64 days April 2025 Wales £268,816 2.30% 2.16% 75 days April 2025 South West £394,342 3.10% 0.22% 70 days April 2025 South East £492,716 2.20% 1.10% 66 days April 2025 Scotland £200,593 1.50% 2.61% 37 days April 2025 North West £266,408 1.00% 2.60% 62 days April 2025 North East £194,213 0.30% 2.19% 55 days April 2025 London £699,200 0.50% 0.44% 65 days April 2025 East of England £424,962 1.20% 1.20% 66 days April 2025 East Midlands £292,069 1.90% 1.76% 71 days March 2025 Yorkshire and The Humber £252,957 0.50% 2.40% 74 days March 2025 West Midlands £291,171 0.80% 0.80% 69 days March 2025 Wales £262,795 2.90% 2.50% 80 days March 2025 South West £382,637 1.50% -0.30% 75 days March 2025 South East £481,890 1.70% 0.60% 70 days March 2025 Scotland £197,643 3.80% 4.00% 42 days March 2025 North West £263,855 1.50% 2.60% 67 days March 2025 North East £193,662 1.90% 3.20% 59 days March 2025 London £695,885 1.00% 1.30% 69 days March 2025 East of England £420,120 1.40% 1.20% 69 days March 2025 East Midlands £286,548 0.40% -0.20% 75 days February 2025 Yorkshire and The Humber £251,583 2.40% 3.30% 80 days February 2025 West Midlands £288,911 0.30% 1.80% 78 days February 2025 Wales £255,316 -2.70% -0.20% 88 days February 2025 South West £377,030 1.60% 0.60% 78 days February 2025 South East £474,017 0.90% 0.50% 77 days February 2025 Scotland £190,425 3.50% 0.70% 52 days February 2025 North West £259,864 0.30% 1.80% 77 days February 2025 North East £190,124 -0.30% 3.10% 69 days February 2025 London £688,885 2.30% 0.90% 76 days February 2025 East of England £414,254 0.10% 1.30% 77 days February 2025 East Midlands £285,392 1.50% 2.10% 84 days January 2025 Yorkshire and The Humber £245,637 0.90% 3.80% 71 days January 2025 West Midlands £288,096 1.50% 1.80% 71 days January 2025 Wales £262,280 1.50% 3.30% 82 days January 2025 South West £371,101 -0.60% -0.20% 77 days January 2025 South East £469,779 0.60% 0.70% 75 days January 2025 Scotland £184,046 -0.80% 3.10% 44 days January 2025 North West £259,007 0.30% 2.90% 67 days January 2025 North East £190,704 2.50% 6.20% 62 days January 2025 London £673,483 1.80% 1.30% 76 days January 2025 East of England £413,791 1.60% 1.80% 76 days January 2025 East Midlands £281,141 0.40% 0.70% 79 days September 2024 Yorkshire and The Humber £253,513 0.30% 2.90% 61 days September 2024 West Midlands £293,796 1.10% 2.20% 60 days September 2024 Wales £265,218 0.90% 2.00% 66 days September 2024 South West £387,389 1.00% -0.80% 64 days September 2024 South East £483,214 0.60% 0.20% 63 days September 2024 Scotland £194,180 1.10% 2.10% 33 days September 2024 North West £261,882 0.10% 3.10% 58 days September 2024 North East £193,706 0.50% 5.00% 52 days September 2024 London £682,375 0.70% 1.40% 63 days September 2024 East of England £418,110 0.00% -0.30% 65 days September 2024 East Midlands £288,985 0.20% 1.90% 67 days Show all rows London trends Download PNG Select the format in which you wish to download the asset Time to secure buyer in London Date Days to secure buyer July 2025 66 June 2025 64 May 2025 62 April 2025 60 March 2025 65 February 2025 69 January 2025 76 December 2024 76 November 2024 67 October 2024 63 September 2024 62 August 2024 63 Show all rows Affordability trends Download PNG Select the format in which you wish to download the asset The average monthly amount spent on a first-time buyer home Date Avg. rent Avg. mortgage payment (10% deposit) July 2025 £1,261 £1,140 June 2025 £1,250 £1,155 May 2025 £1,244 £1,159 April 2025 £1,242 £1,166 March 2025 £1,239 £1,165 February 2025 £1,238 £1,162 January 2025 £1,236 £1,171 December 2024 £1,230 £1,164 November 2024 £1,230 £1,160 October 2024 £1,239 £1,146 September 2024 £1,243 £1,154 August 2024 £1,239 £1,172 July 2024 £1,229 £1,192 June 2024 £1,221 £1,202 May 2024 £1,217 £1,201 April 2024 £1,212 £1,175 March 2024 £1,202 £1,170 February 2024 £1,199 £1,146 January 2024 £1,197 £1,147 December 2023 £1,189 £1,165 November 2023 £1,193 £1,205 October 2023 £1,200 £1,228 September 2023 £1,198 £1,258 August 2023 £1,185 £1,281 July 2023 £1,169 £1,295 June 2023 £1,157 £1,218 May 2023 £1,146 £1,140 April 2023 £1,137 £1,121 March 2023 £1,125 £1,130 February 2023 £1,113 £1,138 January 2023 £1,101 £1,168 December 2022 £1,094 £1,205 November 2022 £1,092 £1,265 October 2022 £1,084 £1,294 September 2022 £1,072 £1,090 August 2022 £1,055 £1,049 July 2022 £1,042 £1,023 June 2022 £1,032 £980 May 2022 £1,025 £942 April 2022 £1,016 £910 March 2022 £1,007 £884 February 2022 £994 £851 January 2022 £985 £840 December 2021 £978 £828 November 2021 £971 £831 October 2021 £963 £823 September 2021 £949 £824 August 2021 £934 £832 July 2021 £926 £838 June 2021 £917 £841 May 2021 £903 £848 April 2021 £895 £835 March 2021 £891 £819 February 2021 £888 £818 January 2021 £885 £819 December 2020 £883 £818 November 2020 £884 £821 October 2020 £895 £819 September 2020 £895 £798 August 2020 £891 £790 July 2020 £886 £776 June 2020 £887 £750 May 2020 £891 £749 April 2020 £893 £756 March 2020 £894 £763 February 2020 £893 £756 January 2020 £892 £755 December 2019 £888 £744 November 2019 £885 £748 October 2019 £884 £750 September 2019 £880 £759 August 2019 £876 £758 July 2019 £873 £762 June 2019 £868 £763 May 2019 £864 £763 April 2019 £863 £758 March 2019 £861 £755 February 2019 £862 £757 Show all rows Download PNG Select the format in which you wish to download the asset Ability to afford a first-time buyer home Date Avg asking price (FTB) 4.5x salary (1 person) 4.5x salary (2 people) July 2025 £227,466 £170,352 £340,704 June 2025 £228,780 £169,650 £339,300 May 2025 £229,648 £169,182 £338,364 April 2025 £228,551 £168,480 £336,960 March 2025 £227,965 £169,650 £339,300 February 2025 £226,887 £168,012 £336,024 January 2025 £227,212 £166,842 £333,684 December 2024 £225,086 £166,842 £333,684 November 2024 £225,340 £165,438 £330,876 October 2024 £226,868 £164,970 £329,940 September 2024 £227,570 £164,736 £329,472 August 2024 £227,191 £163,098 £326,196 July 2024 £227,924 £162,162 £324,324 June 2024 £227,757 £161,928 £323,856 May 2024 £228,003 £161,694 £323,388 April 2024 £227,110 £160,992 £321,984 March 2024 £226,370 £160,056 £320,112 February 2024 £224,815 £159,120 £318,240 January 2024 £222,473 £158,184 £316,368 December 2023 £219,984 £157,248 £314,496 November 2023 £223,426 £156,780 £313,560 October 2023 £224,263 £155,610 £311,220 September 2023 £225,244 £156,780 £313,560 August 2023 £223,614 £155,610 £311,220 July 2023 £225,552 £155,610 £311,220 June 2023 £226,412 £156,780 £313,560 May 2023 £226,399 £153,270 £306,540 April 2023 £224,963 £152,568 £305,136 March 2023 £224,453 £150,696 £301,392 February 2023 £223,249 £150,462 £300,924 January 2023 £222,582 £149,526 £299,052 December 2022 £221,695 £148,590 £297,180 November 2022 £223,770 £148,122 £296,244 October 2022 £224,713 £146,952 £293,904 September 2022 £224,479 £144,846 £289,692 August 2022 £224,091 £145,080 £290,160 July 2022 £224,943 £143,676 £287,352 June 2022 £224,251 £143,676 £287,352 May 2022 £223,117 £142,038 £284,076 April 2022 £220,466 £141,804 £283,608 March 2022 £218,201 £142,272 £284,544 February 2022 £215,334 £141,102 £282,204 January 2022 £214,176 £140,868 £281,736 December 2021 £211,163 £141,804 £283,608 November 2021 £211,364 £138,060 £276,120 October 2021 £210,672 £137,826 £275,652 September 2021 £209,056 £136,890 £273,780 August 2021 £208,714 £136,656 £273,312 July 2021 £207,386 £135,720 £271,440 June 2021 £205,540 £135,018 £270,036 May 2021 £205,925 £136,188 £272,376 April 2021 £203,564 £134,784 £269,568 March 2021 £201,296 £128,934 £257,868 February 2021 £200,692 £133,146 £266,292 January 2021 £200,578 £133,380 £266,760 December 2020 £201,037 £133,380 £266,760 November 2020 £201,220 £132,912 £265,824 October 2020 £201,628 £131,742 £263,484 September 2020 £200,324 £130,572 £261,144 August 2020 £201,196 £129,168 £258,336 July 2020 £199,340 £126,594 £253,188 June 2020 £205,991 £124,488 £248,976 May 2020 £210,569 £124,488 £248,976 April 2020 £195,410 £123,786 £247,572 March 2020 £195,463 £123,786 £247,572 February 2020 £193,768 £127,998 £255,996 January 2020 £193,103 £127,764 £255,528 December 2019 £190,009 £126,828 £253,656 November 2019 £191,001 £127,062 £254,124 October 2019 £190,740 £127,062 £254,124 September 2019 £192,221 £127,296 £254,592 August 2019 £191,009 £126,594 £253,188 July 2019 £191,368 £126,828 £253,656 June 2019 £191,364 £126,360 £252,720 May 2019 £191,067 £125,658 £251,316 April 2019 £190,920 £124,956 £249,912 March 2019 £189,606 £122,850 £245,700 February 2019 £189,347 £124,488 £248,976 January 2019 £190,086 £124,020 £248,040 December 2018 £188,381 £123,552 £247,104 November 2018 £188,571 £123,084 £246,168 October 2018 £190,587 £124,020 £248,040 September 2018 £190,842 £122,382 £244,764 August 2018 £189,451 £122,382 £244,764 July 2018 £191,272 £121,914 £243,828 June 2018 £191,541 £121,446 £242,892 May 2018 £190,585 £120,744 £241,488 April 2018 £190,643 £120,510 £241,020 March 2018 £189,840 £120,042 £240,084 February 2018 £187,896 £120,042 £240,084 January 2018 £188,024 £119,340 £238,680 December 2017 £185,926 £119,808 £239,616 November 2017 £188,057 £119,340 £238,680 October 2017 £188,622 £119,106 £238,212 September 2017 £188,012 £119,106 £238,212 August 2017 £186,880 £118,638 £237,276 July 2017 £188,420 £117,936 £235,872 June 2017 £188,928 £118,872 £237,744 May 2017 £187,819 £117,702 £235,404 April 2017 £186,493 £117,468 £234,936 March 2017 £185,758 £117,234 £234,468 February 2017 £184,388 £116,766 £233,532 January 2017 £184,602 £116,298 £232,596 December 2016 £182,303 £116,064 £232,128 November 2016 £183,160 £116,532 £233,064 October 2016 £183,073 £116,298 £232,596 September 2016 £181,792 £115,830 £231,660 August 2016 £181,199 £115,596 £231,192 July 2016 £181,367 £116,064 £232,128 June 2016 £180,866 £115,362 £230,724 May 2016 £181,309 £115,362 £230,724 April 2016 £180,665 £115,830 £231,660 March 2016 £177,202 £114,660 £229,320 February 2016 £177,294 £113,724 £227,448 January 2016 £175,450 £114,426 £228,852 December 2015 £173,994 £113,958 £227,916 November 2015 £172,869 £113,256 £226,512 October 2015 £173,436 £113,256 £226,512 September 2015 £170,879 £113,022 £226,044 August 2015 £170,647 £113,256 £226,512 July 2015 £169,215 £113,256 £226,512 Show all rows Past reports 2026AprilMarchFebruaryJanuary2025DecemberNovemberOctoberSeptember
Key Takeaways from This Analysis
- July asking prices -1.2% MoM
- Forecast revised to +1% for 2025 (from +4%)
What This Means for the West Midlands
These findings reinforce the West Midlands’ position as a region of growing importance for UK property. Compared to London and the South East, where affordability remains a significant barrier for many, the West Midlands continues to offer better value while still delivering strong growth potential. Birmingham, in particular, benefits from ongoing regeneration projects, improved transport links, and a vibrant cultural scene that attracts young professionals, students, and families alike.
For investors, the combination of competitive entry prices and healthy rental yields makes the West Midlands an attractive choice. Meanwhile, first-time buyers and those looking to move up the ladder can find more space and better value compared to many other parts of the country. With major infrastructure projects continuing to shape the region, the long-term outlook remains positive for both homeowners and landlords.
How Kunda House Can Help
At Kunda House, we specialise in connecting people with quality accommodation across the West Midlands. Whether you’re looking for a flexible short stay, a comfortable long-term rental, or expert guidance on local property investment, our team is here to support you every step of the way. We combine local market expertise with a commitment to outstanding service, ensuring our residents, guests, and partners have the best possible experience.
Our properties are carefully selected and maintained to the highest standards, offering modern amenities and prime locations across Birmingham and the surrounding area. We also keep a close eye on market trends like those highlighted in this analysis, ensuring our offerings remain competitive and aligned with what our community needs.
Looking Ahead
As we move further into 2026, the West Midlands property market is expected to continue its steady evolution. While some fluctuations are inevitable, the underlying drivers of growth—including regeneration, infrastructure investment, and strong demand for quality rental accommodation—remain firmly in place. By staying informed and working with trusted local partners, you can navigate the market with confidence and make the most of the opportunities available.
If you’d like to learn more about the West Midlands property market, explore our available properties, or discuss your accommodation needs, don’t hesitate to get in touch with the Kunda House team today.
