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The typical price ticket on a house has recorded its largest enhance since June 2015, leaping by 2.8 per cent in January, based on Rightmove.
The property web site mentioned the common asking worth rose £9,893 to £368,031 in January, the most important for the month in its 25 years of home worth research.
January’s restoration brings common asking costs near the place they had been in August 2025, as market sentiment rebounds from uncertainty main as much as the autumn finances, Rightmove mentioned.
However the web site mentioned sellers shouldn’t get carried away with new yr enthusiasm, including that the variety of obtainable houses available on the market – and the variety of different sellers to compete with – is at its highest stage for this time of yr since 2014.
Colleen Babcock, a property professional at Rightmove, mentioned: “It’s an encouraging begin to the yr to see sellers assured sufficient to checklist their houses at increased costs after a number of months of muted worth development final yr, coinciding with extra potential consumers returning to the market.
“Some consumers, notably first-time consumers, received’t need to see costs rising too rapidly. Nevertheless, asking costs are solely again to the place they had been in the summertime of 2025 earlier than the finances rumours started surfacing, which unsettled the market and dented confidence.
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“This new yr vendor confidence is an effective signal however sellers would do properly to hearken to the steerage of their agent when setting their asking worth and keep away from being over-optimistic. There’s a 12-year excessive variety of houses on the market for this time of yr, so consumers have a lot of selection, and a 3rd of properties that had been already available on the market on the market have had a worth discount.
“Which means sellers must be real looking and steadiness the value they need to obtain with the chance of having the ability to discover a purchaser of their native market at that worth.”
She added: “A file variety of visits to Rightmove on Boxing Day and a giant bounce in exercise following a quieter festive interval have set the tone for a optimistic begin to the yr.
“Many consumers have seen their affordability enhance with common wage rises outstripping common property costs.”
Many mortgage lenders have reduce their charges in current weeks, in a lift to residence consumers.
Matt Smith, a mortgage professional at Rightmove, mentioned mortgage charges are “prone to be regular for the following few months, with solely minor adjustments up or down”.
He added: “Those that have been ready for cheaper mortgage charges earlier than performing may at present be seeing a number of the finest offers that might be round for some time.”
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Myles Moloney, director at Chase Buchanan Property Brokers in London, mentioned: “Properties which can be properly offered, priced sensibly, and arrange for contemporary household residing are those slicing by way of and attracting the best ranges of consideration.”
In the meantime, a separate report from property agency Hamptons discovered that newly agreed rents dipped by 0.7 per cent on common throughout Britain in 2025, marking the primary time rents fell over a full calendar yr since its data began in 2011.
Hamptons mentioned the common tenant transferring right into a property paid £1,371 per thirty days – £10 a month lower than the earlier yr.
Delving deeper into the general common determine, some elements of Britain recorded annual falls in new let costs, whereas some noticed will increase.
Aneisha Beveridge, head of analysis at Hamptons, mentioned: “On paper, 2025 regarded like yr for tenants.
“Rents on new lets ended 2025 decrease than they began and tenants had extra selection than earlier than. Nevertheless, falling rents had been pushed extra by sturdy first-time purchaser numbers and wider financial weak spot than by improved tenant affordability.
“Fewer tenants are taking their first step into the rental market, with many staying at residence longer and being reluctant to decide to the price of renting a spot of their very own.”
Common month-to-month hire in December 2025
The Hamptons lettings index makes use of information from the Connells Group to trace adjustments to the price of renting and is predicated on achieved fairly than marketed rents.
Right here is the common month-to-month hire for a brand new let in December 2025 and the annual change, based on Hamptons:
