This report is based on responses to a monthly survey of Propertymark member agents. The analysis is based on data provided by around 100 sales and 100 letting agents across the UK.
Residential sales
House prices see month-on-month uplift
The average UK house price stood at £271,000 in March 2025 (latest figures available). This highlights changes in the average house price year on year to March 2025 for each constituent part of the UK, with Northern Ireland continuing to see the largest growth during this period.
Sales volumes within the UK
Sales volume data is a lagging measure which reflects the UK residential sales transactions completed in the month. The latest provisional data for April 2025 shows non-seasonally adjusted sales volume has dipped compared to a year earlier.
This figure will have been firmly driven by a rush to complete on properties on the lead up to Stamp Duty threshold changes for those in England and Northern Ireland at the start of April and demonstrate the after-affect to the market.
Residential lettings
Tenant demand
The number of new prospective tenants registered indicates market demand. Average number of registrations per member branch sat at an average of 93 in April 2025.
Tenancies agreed broadly the same when compared to the month before
The average number of new tenancies agreed per member branch sits at an average of 8.76 in April 2025 (Figure 24). This figure remains broadly static month
on month.
