England & Wales market intelligence

State of the Property Market

Track sold prices, sales depth, regional winners and losers, property-type performance, leasehold/freehold trends, new-build premiums and the real monthly cost of buying with a mortgage.

Market commentary

Plain-English summary

Apr 2026
The England & Wales market is currently showing a weak / thin market signal. Average completed prices are down 9.6% over the latest 12-month comparison, while completed sales volumes are down 22.6%.

North East is currently the strongest broad region in the report, while London is the weakest on the same 12-month measure.

Property mix

Detached property is showing the strongest property-type movement, while Other property is the weakest.

Affordability

Affordability remains a separate signal from sale prices: the same average price can produce very different monthly costs at 2%, 5% or 6% mortgage rates.

Latest snapshot

What is happening now?

Apr 2026
Latest average sold price£321,527Latest month in the database
12-month price movement-9.6%Latest 12 months vs previous 12 months
12-month sales volume696,229-22.6% vs prior year
Latest monthly sales26,379Late registrations may revise upwards
Strongest regionNorth East-2.3% over 12 months
Weakest regionLondon-8.4% over 12 months
Top local riserBridgend, Mid Glamorgan+59.5% · Mix/volume caution
Top local fallerLuton, Bedfordshire-67.0% · Mix/volume caution
Buyer view

What this means for buyers

  • Prices are lower on the latest 12-month comparison, which may improve negotiating power.
  • Sales volumes are thinner than last year, so local averages may be more volatile.
  • Use the heat map and local lookup to compare nearby markets before relying on one postcode.
Seller view

What this means for sellers

  • The price signal is not strongly positive, so realistic pricing and comparable evidence are important.
  • Sales activity is weaker than the prior year, so overpricing risk is higher.
  • Check your local market score before using national figures to guide an asking price.
Local market lookup

Check your local market

Town or area
National trend

Prices and sales volume

Default view uses the last five years to show the recent market cycle without hiding the current direction.

True cost

Mortgage-cost view

Illustrative monthly repayment based on 20% deposit and 25-year repayment mortgage.

Property types

Houses vs flats

Latest 12 months
Tenure split

Freehold vs leasehold

Latest 12 months

Useful for spotting whether flat-heavy leasehold markets are moving differently from freehold houses.

Build status

New build vs resale

Latest 12 months

Shows the new-build premium/discount and how much of the latest market is resale stock.

Local winners and losers

Local market movement

Median-first · minimum 50 sales in each period
Local authority and town rankings

Sortable market table

All eligible areas · ONS basis where available

Phase 4 makes this table more defensible: it uses median movement where available, shows the average separately, flags property-type mix changes, and sorts the full eligible local dataset rather than a pre-selected top-75 list.

AreaMedian priceAvg price12m growthSalesVolumeScoreMix shiftConfidence
National heat-map layers

See where the market is hot, cooling or thin

Use the heat map alongside this report to compare growth, activity and £/m² visually. A future stage can embed the map directly; this phase gives users direct layer entry points without disturbing the existing heat-map page.

Data confidence

How reliable is each signal?

Strong data

High transaction depth. Usually the best signal for national and regional comparisons.

Useful signal

Enough sales to be useful, but still worth checking the local sold-price evidence.

Mix/volume caution

Meets the threshold, but the sales volume or mix of property types has changed enough to treat the movement carefully.

Low confidence

Not enough evidence for a reliable trend. Use individual comparables instead.

Methodology

How this report is calculated

Price Basis

National/regional cards retain average completed sold price. The local ranking table now uses median price movement by default where enough price observations are available, with average price shown as a secondary measure.

Volume Basis

Completed sale count by sale date. Late registrations mean recent months can be revised by future imports.

Region Basis

County/table level sales grouped into broad England & Wales regions for market comparison.

Local Market Basis

Local winners and losers use ONSPD local authority names where the enriched geography columns are available, otherwise the report falls back to town/county labels. Areas must have enough sales in both 12-month comparison periods.

Tenure And New Build

Freehold/leasehold and new-build/resale are calculated from the Price Paid tenure and new-build flags where present.

Affordability Basis

Illustrative capital-and-interest repayment, 20% deposit, 25-year term. It excludes stamp duty, fees, service charge and insurance.

Confidence Basis

Confidence badges are based on sales depth, median availability and property-type mix stability. A large change in the mix of detached/semi/terraced/flats is flagged because it can distort price movement.

Local Lookup Basis

The local lookup uses town/county labels already present in the sold-price tables and links users back into the main sold-price search.