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UK house prices tick modestly higher - Rightmove
By Abigail Townsend
Date: Monday 15 Sep 2025
(Sharecast News) - House prices ticked modestly higher in September, industry research showed on Monday, on the back of improved affordability.
According to the latest house price index from Rightmove, the national average asking price rose 0.4% on the month to £370,257.
It was the first monthly increase since May and a notable improvement on August's 1.3% decline.
Rightmove said the market was being supported by improved buyer affordability, sensible pricing and a high choice of property.
However, year-on-year and prices softened by 0.1%, driven by London and the south. The number of homes for sale in the south of England jumped 9% in September, compared to a more moderate 2% rise elsewhere.
The number of sales agreed was up 4% year-on-year.
Rightmove's Colleen Babcock said: "We expect to see a slight uptick in new seller asking prices in September, with the traditionally back-to-school season boosting activity heading into autumn.
"This year's price rise is a little lower than the average of 0.6% for this time of year...after a summer of competitive pricing by sellers. It's the south which is driving this small dip.
"Static house prices, rising wages and lower mortgage rates all assist buyer affordability, which has led to an increase in the number of sales agreed compared to a year ago."
The Bank of England will meet later this week to discuss interest rates, which currently stand at 4% following three cuts so far this year.
However, most analysts expect the cost of borrowing to be left on hold - despite sluggish economic growth - as the Monetary Policy Committee continues to focus instead on sticky inflation.
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