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
Activity
Sales volume data is a lagging measure that reflects the UK residential sales transactions completed in the month. Provisional data for August 2025 non-seasonally adjusted sales volume shows a slight decline compared to a year earlier in August 2024 (103,610 vs 105,050).
Asking prices
The overall number of properties achieving the asking price in August 2025 stood at 6%, while the number of properties achieving above the asking price sat at 4%.
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 an average of 109 in August 2025.
Demand also continues to outstrip supply, with the average number of applicants per member branch sitting at just over eight people for each available property in August 2025.
Rental prices
Official data shows rents remained static in August overall with an increase of just 0.4% compared July 2025. This was similar across the UK where the average rent was £1,403 in England, £1,002 in Scotland, and £811 in Wales.
