Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Average price tag on a home falls by £12 in February after record January jump

Average UK asking price in February remained flat at £368,019 after January’s record £9,893 rise, marking the strongest start to a year since 2020, Rightmove said.

  • In February, Rightmove reported the average asking price in Britain was 368,019, down from 368,031 in January, a 12-pound month-on-month dip.
  • Confidence rebounded after autumn budget uncertainty, prompting sellers who delayed listing to enter early 2026, which helped drive January's bumper rise while sellers held gains in February.
  • Research from Savills indicates the UK housing stock value at £9.18 trillion, with the North and devolved nations contributing 60% of growth since 2022, despite only 27% of the total value.
  • For buyers, conditions are improving, as mortgage rates trend down and lenders grow more competitive while average wages are up 17% and products help first-time buyers borrow more.
  • For those ready to move soon, February could offer a useful window to act before the peak spring selling season, with newly listed properties 11% higher than two years ago and sales agreed 9% higher than this time in 2024.
Insights by Ground AI

22 Articles

Plymouth HeraldPlymouth Herald
Reposted by
Chronicle LiveChronicle Live
Center

£12 change in February for anyone who owns a home

The number of newly listed properties for sale is 11% higher than two years ago

·Plymouth, United Kingdom
Read Full Article
Evening StandardEvening Standard
Reposted by
Rother Radio - Rotherham & Sheffield's Best Variety of Hits!Rother Radio - Rotherham & Sheffield's Best Variety of Hits!
Center

Average price tag on a home falls by £12 in February after record January jump

Early year price growth was front-loaded into January, Rightmove said.

·London, United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 78% of the sources are Center
78% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Reuters broke the news in United Kingdom on Monday, February 16, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal