Marlborough
Residential market update
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020 7529 1538
Leslie Schroeder
Head of Residential Research
Email
01672 51461
Email
Fred Ponsonby
Partner, Residential Sales
AUTUMN 2025
Residential market activity is slowly beginning to bounce back toward normal levels following the April 1st stamp duty changes. However, two factors: general economic uncertainty and global geopolitical concerns, are slightly dampening the market and restraining growth. The primary constraint is stretched affordability, as wage growth has lagged behind house price increases over the last 5-10 years. Nevertheless, buyer demand remains resilient. Given the expectation of at least one more interest rate cut in the next 6-12 months, we forecast consistent sales and price growth at a more sustainable rate of 1.5-2.5% in 2026.
The average property price in Marlborough currently stands at just over £407,000. While a 6.5% decline in average pricing may appear significant, it's important to recognise that the area is characterised by strong price volatility. This means that the sale of a few unique, high-value (or lower-value) properties can disproportionately influence the average, masking the underlying stability and positive demand in the market.
When looking at Wiltshire as a whole property prices here have grown by nearly 2% over the year, with an average price of £323,065.
The strong property price increase in Wiltshire that followed the pandemic has now eased. Prices in the area grew by nearly 25% between 2020 and October 2022. Since reaching that October peak, however, prices have adjusted and are currently 3% lower.
Average property price
Annualgrowth
MARLBOROUGH:
WILTSHIRE:
£407,375
£323,065
-6.5%
1.9 %
Average rental
price
Anualgrowth
Key indicators
SALES
LETTINGS
£1,526
£1,348
MARLBOROUGH:
UK:
7.9%
5.7%
MARLBOROUGH:
UK:
6.5%
2%
3%
Data dashboard
SALES market
rental market
Average sales
price
12 months ago
curreNT
£429,399
£407,375
125
101
Properties available monthly
13
10
Properties sold
monthly
2.43%
2.72%
Average discount on initial asking price
89
75
Average days on the market
curreNT
12 months ago
£1,386
£1,526
Average rental price (pcm)
63
79
Properties available monthly
38
37
Average days on the market
01672 51461
Email
Fred Ponsonby
Partner, Residential Sales
Average monthly mortgage repayment**
(assume average house price of £407,375)
2.50%
2.90%
3.67%
2026
2028
2030
Interest rate forecasts
£1,911
£1,734
£1,553
4.43%*
3.5%
£1,866
4.2%
£1,642
3.0%
2.5%
6.2%
5.3%
2.3%
2026
2028
2030
UK
house price growth
5.2%
4.5%
1.5%
2026
2028
2030
South West house price growth
5.2%
4.4%
1.5%
2026
2028
2030
Wiltshire house
price growth
Forecasts
MARLBOROUGH:
WILTSHIRE:
Example mortgage rate
Sources used: Carter Jonas Research, HM Land Registry, ONS Price Index of Private Rents, Oxford Economics (forecasts), REalyse (data dashboard, 12-month rolling averages)
* Average rate at early October 2025
**Average monthly mortgage repayments: 25 year period, 15% deposit. Mortgage rates are not forecasts but examples and are for illustrative purposes only.
We’re looking at what’s driving the property market right now and how it’s playing out in your area. Read our Autumn/Winter 2025 local market report for the latest property data and insight.