Average asking prices for newly listed homes increased by 0.7% in September 2026 to £367,440, the first monthly increase since May 2026, according to Rightmove.

The £2,441 monthly rise was slightly stronger than the ten-year average September increase of 0.5%, although asking prices remain 0.8% below a year ago and 2.3% lower than at the start of the summer.

Sellers continue to face challenging conditions, with the number of properties available for sale at a 12-year high for the time of year and buyer enquiries 9% below September 2025.

Colleen Babcock, property expert at Rightmove, said: “September’s above-average price rise is a welcome sign of confidence after a particularly subdued summer.”

Pricing remains particularly important, with 74% of homes sold so far in 2026 having found a buyer without requiring an asking-price reduction.

Regional differences remain substantial. In Scotland, 91% of properties coming to market are finding buyers, compared with 71% in the North West, 56% in the South East and just 42% in London. Scottish asking prices increased 4.2% annually to £207,426, while the South East fell 1.8% to £471,138.

Borrowing costs have also moved higher. The average two-year fixed mortgage rate reached 5.29%, up from 5.09% in August and 4.25% earlier in 2026. Rightmove estimates that monthly repayments on a new mortgage are now around £180 higher than before rates began rising earlier this year.