Market Trends
Real estate market analysis and insights
United Kingdom • Real-time Updates
detached
£444k
semi Detached
£279k
terraced
£233k
flat
£0k
BoE Base Rate
4%
Inflation (CPI)
3.7%
Unemployment
0%
Consumer Confidence
-24
Autumn Budget 2026
Provided support for new build sales but market remains constrained by affordability and high mortgage rates.
Savills Residential Forecast Update
Forecasts further price declines through remainder of 2026 and 2027 due to prolonged geopolitical conflict and high mortgage rates.
The market is expected to remain subdued with downward price pressure through 2027, with a recovery not anticipated until 2028 as mortgage affordability improves.
Total Properties
3849
Average Price
£248,066
Avg Unemployment
5.0%
- 3 bed42%1609
- 2 bed35%1351
- 0 bed12%447
- 1 bed5%176
- 4 bed3%126
- Unspecified2%84
- 5 bed1%23
- 104 bed0%17
- 7 bed0%13
- 6 bed0%3
Portfolio value indexed to 100 at 2016, against annual UK CPI inflation and the Bank of England base rate.
- Valuation index
- CPI inflation
- BoE base rate
Years without recorded sale history are back-cast using UK House Price Index growth. Rates are annual averages.