What is currently happening in the UK property market?

In the first part of this week’s UK Property Market Stats Show, Ian White and I take a look at the UK market for the week ending Sunday 12 April 2026.

In the second part, we examine property and letting agent performance in Slough, identifying which companies are delivering the strongest results.

The discussion also highlights how agents can use performance data to demonstrate value, helping them compete on price and avoid losing instructions to competitors who overprice or charge less.

UK property market headlines for week 14 2026

Listing YTD

512k new properties have come on the market YTD.

1.1% lower than 2025 YTD, 7.4% higher than 2024 YTD, and 16.6% higher than the 2017-19 average YTD.

Total residential Sales YTD

342k UK homes sold STC YTD.

7.6% lower than 2025 YTD (370k), 5.6% higher than 2024 YTD (324k), 15.1% higher than 2023 YTD (297k) and 12.9% higher than pre-Covid norms (303k).

Net Res Sales YTD

268k UK net domestic sales YTD (net sales are down gross sales).

5.2% below 2025 (282k), 5.3% ahead of 2024 (254k), 17.4% ahead of 2023 (228k) and 9.8% above the 2017-19 average (244k).

Exchange YTD

190k UK exchanges by 3rd week of March 2026.

9.5% lower than mid-March 2025, when it was 210k.

Comment More exchanges took place in Q1 2025 due to the stamp duty holiday ending in April 2025.

overestimate

47.4% of houses left the books of UK estate agents in March Withdrawn without selling. main reason Blatant overvaluing supported by 20+ week long sole agency agreements.

Detailed description…

important note It was Easter week and historically most metrics fell about 10% to 15% compared to the previous month.

new lists

  • This week (Week 14) 32.2k new properties came on the market, down from 38.4k last week.
  • 2025 weekly average: 30.6k.
  • 10-Year Week 13 Average: 30k.

price cut

  • 20.5k were cut this week, which is less than 20k last week.
  • Sales of residential homes declined 13.2% in March. March 25th 13.4%. 24 March 12.2%.
  • The average for 2025 was 12.8%, while the six-year long-term average was 10.7%.

consent to sale

  • This week 20.5 thousand houses were sold in STC 14, which is less than 24 thousand last week (remember this Easter) look at the graph It’s always Easter week).
  • Week 14 average (for the last ten years including post-pandemic surge): 22.6k.
  • 2026 weekly average: 24.4k.

sell-through rate

  • 15.4% of homes on agents’ books in Feb ’26 moved to SSTC. (Feb ’25 16.1% / Feb ’24 16.7%) March figures will come next month.
  • Pre-Covid average: 15.5%.

Price difference between listing and sale

  • 25.4% difference (the long-term ten-year average is 16% to 17%). (£446k avenue listing and asking price vs £356k sale agreed and asking price).

fall-through

  • 4,613 fall-through last week (pipeline of 453k home STCs).
  • Weekly average of fall-through for 2025: 6.1k and 5.3k in 2026 YTD.
  • Fall-through rate (expressed as a % of gross sales for that week): 22.5%, up from 21% the previous week.
  • Long-term average: 24.2% (post-truce anarchy levels seen above 40%).
  • 5.1% of all sales agreed in estate agents’ sales pipelines failed in March 2026. 2025 average 5.3% and 10 year average 5.8%).

total sales

  • 16 thousand net sales, below 18.5k last week.
  • Ten-year Week 14 average: 17.8k.
  • Weekly average for 2026: 19.1k.
  • Weekly average for all of 2025: 18.8k.

Probability of Selling (% of Exchange vs. Withdrawal)

  • March ’26 stats: 52.6% of homes that exchanged agents’ books were completed in March. (Note that this figure will change throughout the month as more March data comes in.)
  • 57.6% is the seven-year average (which includes the crazy 18 months following the lockdown).

stock levels

  • 717k homes on the market as of 1 Apr 26. (706k 1 April 25).
  • 453k homes in the agent sales pipeline at 1 April 2026, slightly less than 12 months ago at 1 April ’25 (461k).

House prices (£/sq ft)

  • The agreed sales average in March ’26 was £345.64 per square foot. 2% more than 12 months ago (£338.97) and 12.7% more than five years ago (£306.76). The £/sqft agreed upon sale matches the HM Land Registry index with 98% accuracy five months prior. That’s why it’s so important.

UK rental data

  • Average rent in March 2026 £1,740 pcm (£1,747 at 25 March).
  • 312k UK rental stock available to rent in March 2025 (313k in March 2025).

local focus

filth

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