Housing Insight Report: September 2025

Buyer and tenant demand continued to climb in September 2025, but limited supply and affordability pressures are keeping the UK housing market finely balanced. With the Bank of England base rate steady at 4% and inflation still above target, Propertymark’s latest Housing Insight Report unpacks the key data, regional shifts, and expert perspectives shaping what’s next for sales and lettings.

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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

Using the most recent data available, comparing year-on-year up to August 2025, the average house price demonstrated that Northern Ireland only progressed when compared to the previous twelve months. 

Demand

The average number of new prospective buyers registered per member branch increased to 73 in September. 

Fewer properties achieving asking price

In September 2025, only 1% of properties sold for more than the asking price, while 93% were sold for less. 

Residential lettings

Tenant demand 

The average number of new prospective tenants registered per member branch indicates market demand. The average number of registrations per member branch jumped to 111 in September 2025.

Rents see marginal climb

In August 2025, the average rent was £1,410 in England, £1,004 in Scotland, and £815 in Wales.

Download the full report