🏡 UK Property Market Update: A Mixed Start to the Year Across the Property Market
The latest Rightmove House Price Index shows prices are now 0.5% higher than this time last year, marking a clear shift from the seasonal pause of December to a more confident start to 2026.
This January, we're seeing sellers who delayed launching over Christmas now coming to market with fresh expectations, while buyers, particularly those who paused their search in late 2025, are re-engaging decisively.
Mortgage conditions are also playing their part, with the average two-year fixed rate now at 4.29%, the lowest since the 2022 mini-Budget. That stability is helping buyers plan with greater certainty.
How Different Buyers Are Behaving
Growth has been broad-based across England (excluding inner London):
- First-time buyer homes: +1.6%
- Second-steppers: +2.0%
- Top-of-the-ladder properties: +2.6%
Larger homes have led the charge this month, suggesting that discretionary movers are returning to the market earlier than in recent years.
North Yorkshire Focus: DL7–DL11
Across DL7–DL11, headline figures suggest modest price growth, but activity on the ground tells a quieter story. New listings and sales agreed have been below typical levels, and with average selling times remaining stretched, the market has yet to find its rhythm in early 2026.
- Average asking price: £248,821
- Monthly change: +1.5%
- Annual change: +1.3%
- Average time to find a buyer: 75 days
In villages and market towns, properly launched homes are attracting strong early interest, while those pushing beyond market expectations are facing longer decision cycles.
Final Thoughts
January’s rise is encouraging, but it’s best looked at as a return to balance rather than a housing surge.
With improving mortgage conditions, steady annual growth, and renewed buyer engagement, the foundations for 2026 look sound. With lots of sellers waiting until Spring, now is a better time to list, so you aren't getting mixed in with a flood of homes in March/April.
If you're thinking of a move in the near future, get in touch with our Sales Team for any advice- 01748 834373