Mass-market prices hit new record as upper end cools

Mass-market prices hit new record as upper end cools

The Rightmove Price Index was released this morning and gives a national picture of house prices and activity over the past few weeks.

  • New record highs in price of property coming to market in the mass-market sectors, made up of first-time buyer properties, up by £1,328 (+0.6%) in the month, and second-stepper properties, up by £975 (+0.3%) in the month
  • Cooling of the upper-end four-bedroom-plus sector, down by £4,699 (-0.8%) in the month, with buyers no longer making larger stamp duty savings
  • Overall result is that the national average falls £1,076 (-0.3%) this month, the first price drop recorded in 2021
Buyer demand remains strong, suggesting an Autumn bounce in prices and seller activity:
  • Demand stats for the first week in August are up 56% on the same period in 2019, and down just 17% on frenzied post-lockdown 2020
With homes selling faster than ever, there’s a strong incentive for owners to come to market with “sell before you buy” proving the best tactic for many to secure their next home in this fast-moving market.
To read the full Rightmove House Price Index, please click here


Get in touch with us

In 2025, £344bn was spent on property across Great Britain and Northern Ireland. Follow the money and the market’s geography becomes clear. Some regions dominate, others quietly punch above their weight. It’s a powerful reminder that the UK property market isn’t one story, but many regional economies moving at different speeds.

Global events can ripple into the property market in surprising ways. Recent tensions involving Iran have nudged oil prices, inflation expectations and mortgage funding costs. But what does that really mean for UK home buyers and sellers? This article looks at the link between geopolitics, interest rates and property prices.

Discover this exceptional 5-bedroom Grade II Listed detached character cottage in Norfolk, set on approximately one acre. Featuring a main house with 4 bedrooms, 2 reception rooms, and a stylish kitchen, plus a self-contained 1-bedroom cottage/annexe, extensive gardens, and a gated driveway.

April is a good time for buyers to focus on readiness rather than guesswork. In a market where choice has improved but confidence remains mixed, being organised can make all the difference when the right home comes along.