October 2025 | Rightmove House Price Index
As we move through October, the housing market shows steady resilience. Asking prices have nudged up slightly, buyer demand remains strong, and sales are ahead of last year. With more homes on the market and mortgage rates easing, both buyers and sellers are finding opportunities this autumn.
As we move through October, the housing market continues to hold its ground. According to Rightmove’s latest House Price Index, asking prices have inched up again this month, while sales and buyer demand remain ahead of where they were this time last year.
After a slightly quieter September compared with a strong 2024, the market has settled into a steady rhythm. There’s more choice for buyers, and despite some early caution ahead of next year’s stamp duty changes, confidence remains strong.
Asking Prices Edge Up, But Growth Stays Steady
The average asking price has risen by 0.3% this month (+£1,165), bringing it to £371,422. It’s a smaller rise than the ten-year October average of +1.1%, but given the higher number of homes now for sale, that’s not surprising.
With more properties on the market, sellers don’t have as much room to push prices higher. Still, the modest increase shows that buyers remain active and willing to move, particularly as mortgage rates continue to ease.
Activity Calms, But Momentum Holds
September saw a slight dip in activity compared with last year, when the first Bank Rate cut in four years gave the market a noticeable boost. This time, things are more balanced. Some buyers and sellers are getting ahead of the April 2025 stamp duty rise, adding to the early autumn activity.
Looking at the year so far, the numbers remain encouraging:
- Buyer demand is up 2% compared with 2024.
- New listings are up 5%.
- And sales agreed are also up 5% year-to-date.
These figures show that, while the market has lost a little of its 2024 pace, it’s still performing solidly as we head into the final months of the year.
Regional Picture: The South Slows, Other Areas Strengthen
Across the country, asking prices are now just 0.1% lower than a year ago. The small annual dip is largely due to London and the South, where higher stock levels, stamp duty costs, and buyer caution are taking their toll.
Elsewhere, things look brighter. Scotland, Wales and the rest of England have all seen annual price growth of 1% or more, suggesting steady regional strength outside the southern markets.
For southern sellers, being realistic on pricing is key right now. Buyers have more options and are taking their time.
Looking Ahead: Encouraging Signs for a Stable Market
Rightmove continues to support new government measures aimed at making moving home simpler and more efficient changes that could help keep the market moving as we head into 2026.
Overall, the market feels steady and balanced. Prices are holding, demand is consistent, and there’s plenty of activity from serious buyers who are keen to move before next spring’s tax changes.
What This Means for You
For Sellers:
Realistic pricing and good presentation are essential. The right strategy can still achieve a strong sale in today’s more balanced market.
For Buyers:
With more homes available and borrowing costs easing, there’s a healthy window of opportunity to make your move before next year’s changes take effect.
All the information in this update comes from Rightmove’s House Price Index. Click here to read the full report.
Don’t forget to follow our Instagram and Facebook for live mortgage updates, the latest property news, and behind-the-scenes footage]. Stay up to date with everything happening in the property world!
Looking for more expert tips and insights? Head over to our Advice Hub for everything you need to know about buying, selling, and more: Visit Our Advice Hub
Thinking of moving? Let’s chat! Book a FREE valuation with one of our local experts and find out exactly what your property is worth: Book Your Free Valuation