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
UK average house price growth
The average UK house price stood at £269,000 in January 2025 (latest figures available) which remains over seven times the average annual gross earnings.
Prospective buyer registrations decreased
The average number of new prospective buyers registered per member branch decreased to 81 in February 2025, down from 87 the previous month.
Residential lettings
Tenant demand jumps year on year
The average number of new prospective tenants registered per member branch indicates market demand with the February 2025 data showing it at 100.
Rental prices continued to show variations
In February 2025, 56% of member agents reported that rents remained generally, static, with 12% reporting an overall fall, and 31% reporting they felt rents had increased.
