46% of UK properties have been down valued since before Covid-19

46% of UK properties have been down valued since before Covid-19

Nearly half (46%) of buyers saw their prospective properties down valued by their mortgage lender, Bankrate UK research has found.

Buyers looking to purchase properties in Wales had the highest percentage of down valuations at 63%.
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Source: Property Wire



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Welcome back to the latest insight into Attleborough’s property market. This month’s £ per square foot snapshot offers a fresh look at the market’s underlying rhythm. It reflects the mix of homes currently for sale rather than headline price swings. Curious how your property fits the picture? Let’s arrange a relaxed, no obligation chat.

Average house prices grab the headlines, yet they only tell part of the story. Looking at price per square foot reveals what buyers are truly paying for space. The 2025 figures show sharp regional contrasts, highlighting how the same budget can deliver vastly different lifestyles depending on where you buy.

In early 2023, forecasters warned of a steep UK housing slump, predicting falls of up to 15% after rising rates and political turmoil. Three years on, the data tells a calmer story. HM Land Registry shows prices nearly 4% higher nationally, with Attleborough steady. As 2026 begins, is crash talk fact or just headlines?

January 2026 showed a market regaining momentum. Across much of the UK, sales agreed are running ahead of two years ago, led by the Midlands and East. Scotland and Wales are also strengthening. London remains mixed, and Northern Ireland softer. This is not a boom, but a steady, broad based rebuild driven by realistic pricing.