By Lee Madigan White & Guard – Bishops Waltham
The housing market across the South Coast is showing encouraging signs of strength and stability as we move further into 2025.
With UK average house prices hitting a record £298,083 (up 4.8% year-on-year), we’re seeing steady demand here in Bishops Waltham and surrounding areas—particularly from lifestyle-focused movers and those looking to relocate from more urban centres. Lower mortgage rates, following the Bank of England’s recent cut to 4.25%, have re-energised buyers, with some fixed-rate deals now available below 4%.
At White & Guard, we’re experiencing high levels of interest in character homes, countryside properties, and well-located family houses. The South Coast remains incredibly desirable—offering a strong balance between coastal living, green space, and connectivity to Southampton, Portsmouth, and even London.
First-time buyers are also re-entering the market with confidence, now accounting for 31% of new mortgages. That said, the reduction in the stamp duty threshold from £425,000 to £300,000 may pose challenges in areas like ours where average prices often exceed that level.
Looking ahead, the market is expected to grow modestly—up to 3% by the end of the year. Well-presented homes, priced correctly, continue to perform strongly, with motivated buyers ready to act.
Key Market Insights – South Coast:
• Interest rates now at 4.25%, driving buyer activity
• Regional demand steady for lifestyle-led purchases
• First-time buyers on the rise despite affordability pressures
• Strong performance in and around Bishops Waltham
• Forecasted house price growth: up to 3% in 2025
If you’re considering selling or just curious about your property’s current market value, our team at White & Guard, Bishops Waltham would be delighted to assist.
