Record rises for house prices

Average price tag on a home jumps by nearly £10,000 in January

- Colleen Babcock

The average price tag on a home jumped by 2.8% or nearly £10,000 in January, marking the biggest increase since June 2015, according to a property website.

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.

Across Britain, the average price tagonahome in January is £368,031.

January's recovery brings average asking prices close to where they were in August 2025, as market sentiment rebounds from uncertainty leading up to the autumn budget, Rightmove said.

But the website said sellers should not get carried away with new year enthusiasm, adding that the number of available homes on the market - and the number of other sellers to compete with - is at its highest level for this time of year since 2014.