Local Property Market Update – Spring 2025
Thu 24 Apr 2025
Katie Johnson MARLA, Associate Residential Lettings
Local Property Market Update – Spring 2025
Your expert insight from Scriven & Co, proudly serving Quinton, Halesowen, Oldbury & surrounding areas
As we head further into 2025, the UK property market continues to present a mixed but largely positive picture—especially for landlords and investors operating in Quinton and the wider West Midlands. Here's what the latest national data means for you locally.
House Prices – A Pause, Not a Plunge
According to the Office for National Statistics, UK house prices rose by 5.4% year-on-year as of February 2025, bringing the national average to £268,000. That said, March saw a 0.5% month-on-month dip—the steepest fall in a year—largely due to a post-budget slowdown after many buyers rushed to complete purchases before stamp duty changes took effect.
What does this mean for sellers in Quinton and Halesowen?
While national trends are useful, local resilience is more important. We’re still seeing strong interest in good quality family homes and well-presented properties, particularly those close to good schools and transport links. Sellers should be realistic on pricing, but correctly marketed homes are still generating enquiries and offers.
Rental Market – Demand Driving Growth
Private rents across the UK are up by 7.7% year-on-year, with the North East leading at a 9.4% rise. The West Midlands isn't far behind, and here in Quinton and Halesowen, we’re seeing this reflected in ongoing tenant demand and low void periods.
Advice for our landlords:
This is a great time to review your rents. If you haven’t increased your rent in the past 12-18 months, now might be the time to reassess—particularly for 2-3 bed homes and flats, which remain the most sought-after. Our lettings team can help ensure you’re in line with the current market while maintaining compliance and fairness for your tenants.
Investment Shifts – London Slows, Midlands Steadies
Notably, prime central London has seen price declines since the Labour government came into power, making it one of only two UK regions to post negative growth. Investor focus is shifting—many are now exploring regional areas for stronger yields and better value.
Why Quinton remains a smart investment:
With relatively affordable entry prices, strong rental demand, and ongoing infrastructure investment in the region, Quinton and the Black Country continue to offer solid returns. Whether you're adding to a portfolio or considering your first buy-to-let, it’s an ideal time to look locally rather than nationally.
How Scriven & Co Can Help
At Scriven & Co, we’ve been advising landlords, investors, and homeowners in Quinton, Halesowen, Oldbury and beyond for over 80 years. Whether you're considering selling, reviewing your rental income, or simply want a no-obligation chat about the market—we’re here to help.
Call us today on 0121 422 4011
Or email quinton@scriven.co.uk to speak with one of our friendly, experienced agents.