Letting & Estate Agent Podcast

UK Property Market Stats Show - Week 4 2026 - Ep.2469

Feb 6, 2026
Ian McKenzie, leader of the Guild of Property Professionals and seasoned estate agency expert, breaks down week 4 of the 2026 UK housing market. Listings and gross sales are strong. Discussion focuses on high withdrawal rates from overvaluing, price reductions, net sales trends, and a detailed Walthamstow market deep dive with agency comparisons.
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INSIGHT

Asking Vs Sale Price Gap Is Predictable

  • The average asking vs sale price gap sits around 16–17% historically and remains similar now.
  • Use a simple percentage adjustment on comparable asking prices to estimate likely sale prices reliably.
ANECDOTE

Free Scripts To Win Negotiations

  • Christopher offers free scripts to get price reductions and beat cheap fees by texting a number.
  • He adapted American scripts into British language and his clients see improved results.
INSIGHT

High Withdrawals Signal Overvaluing Problem

  • Nearly half of properties leaving agents' books in January were withdrawn unsold, driven largely by overvaluing.
  • Long sole-agency agreements and slow price reductions reduce the probability of exchange.
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