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UK Property Sales Down 7.5% Year-on-Year, Rents Rise to £1,834 pcm

UK home sales are 7.5% lower year-to-date compared to 2025, while average rents in November 2026 reached £1,834 per calendar month.

  • 1.053 million UK homes have sold subject to contract year-to-date in 2026, a 7.5% decrease from 2025.
  • The average rent in November 2026 is £1,834 pcm, up from £1,769 pcm in November 2025.
  • The average price per square foot for agreed sales in September 2026 was £339.07, a 0.8% decrease from 12 months prior.

UK gross residential sales for 2026 year-to-date stand at 1.053 million homes sold subject to contract. This figure is 7.5% lower than the 1.139 million sales recorded by this point in 2025.

New property listings for the year-to-date reached 1.557 million, which is 0.1% below 2025 figures but 8.8% higher than the 2017-2019 average. In the latest week (week 44), 28,700 new listings were added.

The average rent in November 2026 is £1,834 per calendar month. This represents an increase from £1,769 pcm in November 2025 and £1,449 pcm in November 2021. There are 320,000 UK rental properties available as of November 1, 2026.

For homes that went sold subject to contract, the average price per square foot in September 2026 was £339.07. This is 0.8% lower than 12 months ago but 12.5% higher than six years ago.

What this means for you: If you are a prospective buyer, the number of homes sold is lower than last year. If you are a renter, average rents have increased compared to last year.

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