On this week’s UK Property Market Stats Show, we’re joined by Steph Wass to break down the latest developments in the UK housing market for the week ending Sunday 26 April 2026 (Week 16).
In the second half, we turn our focus to Cambridge, analyzing which properties and letting agents are really delivering the best results.
Even if you don’t live in Cambridge, the insights apply widely. If you are facing pressure from competitors to overvalue properties or cut fees, we will take a practical analytical approach that you can use to demonstrate your value, win more instructions and justify stronger fee levels.
UK property market weekly update for week 16 2026
🟩 Listing YTD
593k new properties have come on the market YTD
0.9% lower than 2025 YTD, 7.1% higher than 2024 YTD, and 16.9% higher than the 2017-19 average YTD
🟧 Gross Residential Sales YTD
394k UK homes sold STC YTD
Down 5.5% from 2025 YTD (417k) , Up 4.5% from 2024 YTD (377k), Up 15.3% from 2023 YTD (342k) And 12.3% more than pre-Covid norms (351k).
🟩 Net Res Sales YTD
308k UK net domestic sales YTD (net sales are gross sales minus fall throughs).
3.2% below 2025 (319k), 4.7% ahead of 2024 (275k), 18.2% ahead of 2023 (243k) and 8.9% above the 2017-19 average (264k).
🟥 Exchange YTD
214k UK exchanges by end March 2026
13% lower than mid-March 2025, when it stood at 246k.
Note – More exchanges took place in Q1 2025 due to the stamp duty holiday ending in April 2025.
🟥 overestimate
46.6% of homes left on the books of UK estate agents in March were repossessed. Main reason – blatant overvaluing supported by 20+ week long sole agency agreements.
Detailed description…
✅ new lists
• This week (week 16) 40.2 thousand new properties came on the market, down from 41 thousand last week.
• 2025 weekly average: 30.6k.
• YCannes Week 14 Average: 31.7k
✅ price cut
• This week there was a cut of 25.6 thousand, which is more than 25.5 thousand last week.
• Sales of residential homes decreased by 13.2% in March. March 25 – 13.4%. March 24 – 12.2%
• The 2025 average was 12.8%, while the 6-year long-term average was 10.7%.
✅ consent to sale
• 16.4 thousand STC houses were sold this week, which is more than 26.1 thousand last week.
• Week 16 average (for the last 10 years including post-pandemic surge): 23.2K
• 2026 weekly average: 24.4k.
✅ Price difference between listing and sale
• 25.2% difference (long-term 10-year average is 16% to 17%). (£455k Ave. listing asking price vs. £363k sale agreed Ave. asking price).
✅ sell-through rate
• 15.5% of homes on agents’ books moved to SSTC in March ’26. (Mar ’25 – 16.3% / Mar ’24 – 17.2%)
• Pre-Covid average: 15.5%.
✅ fall-through
• 5,793 fall-through last week (STC’s pipeline of 453k homes sold).
• Weekly average of decline through 2025: 6.1k and 5.3k in 2026 YTD
• Fall-through rate (fall-through expressed as a % of gross sales for that week): 25.8%, up from 22.5% the previous week.
• Long term average: 24.5% (post-truce anarchy levels seen above 40%).
• Estate agent sales pipelines fell by 5.1% of all sales agreed in March 2026. 2025 average – 5.3% and 10 year average – 5.8%).
✅ total sales
• 20.6k net sales, up from 20.2k last week
• Ten-year Week 16 average: 18.1k.
• Weekly average for 2026: 19.3k.
• Weekly average for all of 2025: 18.8k.
✅ Probability of Selling (% of Exchange vs. Withdrawal)
• March ’26 stats: 53.4% ​​of homes that exchanged agents’ books were completed in March. (Note that this figure will change throughout the month as more March data becomes available).
• 57.6% is a 7-year average (which includes the crazy 18 months following the lockdown).
✅ House prices (£/sq ft)
• Agreed sales in March ’26 averaged £345.64 per square foot. Up 2% from 12 months ago (£338.97) and 12.7% up from 5 years ago (£306.76). Sale agreed £/sqft, matches HM Land Registry index with 98% accuracy 5 months ago. That’s why it’s so important.
✅ stock levels
• 717k homes on the market as of April 1, 26. (706k – 1 Apr 25)
• 453k homes in the agent sales pipeline at 1 April 2026, slightly less than 12 months ago (461k) at 1 April 2025.
✅ UK rental data
• Average rent in March 2026 – £1,740 pcm (£1,747 in March 25)
• 312k of UK rental stock available to rent in March 26 (vs 313k in March 2025).
✅ local focus
Cambridge