US EditionHMRC Data Shows House Sales 8 per Cent up as Average House Prices Increase by £10k
UK home sales rose 8% in November with average asking prices increasing nearly £10,000 in January, the largest January rise in Rightmove’s 25-year records.
- HMRC data show UK home sales in November last year rose 8% year-on-year, while the average price jumped 2.8% or nearly £10,000 in January.
- Price stabilisation and improved sentiment helped buyers and sellers return as asking prices recovered close to August 2025 levels, easing pressures alongside recent base interest rate reductions.
- Rightmove data shows a £9,893 rise in average January asking prices, its biggest January increase in 25 years, while the number of available homes is highest since 2014 and a third had price reductions.
- Average rents fell, with newly agreed rents dipping 0.7% in 2025 and the average tenant paying £1,371 monthly, £10 less than last year, according to Hamptons.
- Many mortgage lenders have cut some rates in recent weeks, easing borrowing costs while Matt Smith, mortgage expert at Rightmove, said rates are likely to stay steady as wages rise faster than property prices.
37 Articles
37 Articles
The Herald Scotland
HMRC data shows house sales 8 per cent up as average house prices increase by £10k
Rightmove said the £9,893 average asking price increase is the biggest for the month of January in its 25 years of house price studies as the…
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New research from Rightmove shows UK house prices have risen by the largest monthly amount in over a decade. According to the findings, which were published on Monday (19th January), almost £10,000 was added to the average price of a home in the space of five weeks. Rightmove’s data highlighted the average new seller asking price rose by 2.8% month on month, taking the typical figure to £368,031. This is the largest increase seen in January fo…
Property industry reacts to new Rightmove House Price Index
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