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The Independent UK
The Independent UK
Vicky Shaw

Average house price falls in February after January’s huge surge

The average asking price for a home in Britain saw a marginal dip of £12 in February, following a substantial surge of nearly £10,000 in January, according to new data from property website Rightmove. This slight decrease brings the average asking price across the country to £368,019, down from £368,031 the previous month.

The January increase, which saw prices jump by £9,893, marked the largest rise for that month in Rightmove’s 25 years of house price analysis. Despite February’s near-stagnation, the robust start to the year means 2026 has recorded the strongest opening for asking prices since 2020, with a 2.8 per cent increase since December. Rightmove attributes this early year growth to a rebound in confidence after a prolonged period of uncertainty surrounding the autumn budget.

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