Dagenham Property Market Update – August 2025

The Dagenham housing market in August 2025 showed a clear mix of momentum and moderation, with strong sales activity contrasting against tighter supply and more cautious seller behaviour.

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Supply and Demand

Stock levels remain elevated, with 576 properties available for sale, a 26% increase on last year and around 23% higher than the six-year average. However, this is down 11% from July, showing that the surge in supply earlier in the summer is beginning to ease back.

New listings totalled 114 in August, broadly flat compared with last year (-2.6%) but a third lower than July’s 172 and well below the six-year August average of 134. This suggests sellers are starting to hold back, possibly waiting for improved sentiment later in the year or choosing to delay moves until the traditionally busier autumn period.

Demand, on the other hand, looks robust. 132 sales were agreed in August, up 29% compared with last year and slightly above July (+3%). This is also well ahead of the six-year average of 115, underlining that buyers are still motivated when properties are priced and presented correctly.

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Pricing Trends

Pricing data highlights both strength and subtle shifts. The average asking price for new listings was £368,158, up 2.8% on last year and 2.3% higher than July. On a size-adjusted basis, new listings were marketed at £499 per sq ft, up 9% year-on-year and 7.5% higher than July, a notable increase suggesting a greater proportion of higher-value homes entering the market.

For homes where sales were agreed, pricing has stabilised. The average agreed asking price was £365,417, down just 1% on last year and 0.6% lower than July. However, on a per-square-foot basis, agreed deals averaged £499 – up 7.3% year-on-year and 9.2% month-on-month. This points to strong competition for quality stock, even as overall averages remain steady.

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Market Behaviour

Seller behaviour reflected a more dynamic market. Price changes rose 40% year-on-year, but were down slightly from July, suggesting some fine-tuning of expectations as sellers adjust to demand levels.

Withdrawn listings increased modestly on last year (+6%), but fell sharply compared with July (-35%). This indicates that fewer sellers are abandoning their sales efforts, potentially due to stronger buyer activity and a more realistic alignment on pricing.

Perhaps most strikingly, fall-throughs dropped by almost half compared with both last year and July, signalling that once deals are struck, they are now far more likely to complete, a strong sign of stability in the local market.

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Dagenham Property Market

The Dagenham property market enters autumn in a healthier position than a year ago. Buyer demand remains strong, transactions are more stable, and both £ per sq ft measures suggest appetite for higher-quality homes. However, with new listings running below average and stock levels beginning to edge down from their summer highs, competition for the right homes could intensify in the coming months.

For sellers, realistic pricing remains key to attracting committed buyers. For buyers, the current market provides both choice and value, though the most desirable properties are still commanding a premium.