NESTIQ
Market Analytics

UK Property Market Intelligence

Real-time transaction data, regional price trends, and institutional insights powered by Nestiq's proprietary data engine.

UK Average Asking Price

£285,472

↑ 0.4% this month

Properties on Market

318,000

↑ 12% vs last year

Average Days to Sell

52 days

↓ 3 days vs last month

Average Rental Yield

5.4%

Stable

UK Average Asking Price

12 Month Trend | Jun 2025 — May 2026

Source: Nestiq Market Intelligence | Updated May 2026

Regional Market Velocity

Comparative regional analysis — May 2026

RegionAvg PriceMonthlyYoYDays on MarketAvg Yield
London£534,211-1.2%+2.1%61 days4.1%
South East£385,120+0.8%+3.2%48 days4.6%
South West£318,500+1.1%+4.8%45 days4.9%
East of England£342,000+0.6%+3.1%50 days4.5%
East Midlands£248,300+1.8%+5.2%42 days5.8%
West Midlands£242,100+1.2%+4.6%44 days5.6%
Yorkshire£212,500+2.1%+6.1%38 days6.2%
North West£215,400+3.4%+7.2%35 days6.8%
North East£162,000+2.8%+5.9%33 days7.1%
Wales£198,000+1.5%+4.3%40 days5.7%
Scotland£192,300+1.5%+3.8%39 days5.5%

Supply vs Demand

New Instructions vs Sales Agreed

Mortgage Rate Outlook

Average 2-year Fixed Rate Trend

Rental Market Overview

Regional Rental Averages — May 2026

Avg UK Rent

£1,289/mo

Highest Yield

7.1% (NE)

Avg Void

18 days

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May 2026 Market Commentary

The UK housing market continued its gradual recovery in May, with average asking prices rising 0.4% month-on-month to £285,472.

The North West posted the strongest regional growth at 3.4%, driven by sustained demand in Manchester and Salford. This outperformance contrasts with a more tempered 1.2% decline in London, as buyers in the capital increasingly shift focus towards high-spec developments in secondary commuter zones.

Mortgage stability remains the primary catalyst for market confidence. With the average 2-year fixed rate settling at 4.82%, the highest volume of sales agreed since late 2024 has been recorded. This improved liquidity is also reflected in the 'Days to Sell' metric, which has dropped to an average of 52 days nationwide.

In the rental sector, supply constraints continue to apply upward pressure on prices, with average rents for 2-bed properties rising 8.2% year-on-year. The North East remains a focal point for yield-seeking investors, offering an average gross yield of 7.1%, significantly outpacing the national average of 5.4%.

NI

Nestiq Intelligence Team

Data Analyst Division

Ref: MKT-INT-2026-05