UK HPI – Prices jump 2.2% as market regains momentum

Director of lettings and estate agent Benham and Reeves, Marc von Grundherr, commented:

“Promising signs from a battle-weary property market with a notable lift in the rate of house price growth both on a monthly and annual basis, and while the recovery continues to be slow but steady, we are in a far better place than we found ourselves the previous year.

The ‘Boris bounce’ has already brought a rejuvenated level of market confidence and a potential cut to interest rates in the near future should also stimulate buyer sentiment as the cost of borrowing remains favourable for those looking to climb the ladder.

This heightened market activity will go a long way in jump starting the market and the rate of house price growth, which may have been coasting until now, but should soon move through the gears with ease.” 

Founder and CEO of Stone Real Estate, Michael Stone, commented:

“The latest figures demonstrate a property market that continues to defy the wider economic landscape and rebuild on the form of more buoyant years gone by.

This growth continues to be led by the new build sector, with buyers opting for new builds less wary of future price decline due to the better quality of these developments. This continued optimism is seeing new build price growth far outstrip that of the regular market and this is a trend that will no doubt continue.

Perhaps the leading indicator of overall market health is the performance of the London market and it would seem as though the tide is certainly starting to turn. While London price growth remains muted, the capital has shifted from the bottom of the table and should continue to climb the ranks as the year progresses.”

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

Breaking Property News 22/10/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why software audits matter for Proptechs In today’s hyper-competitive real estate technology landscape, scaling too quickly, or operating with outdated or inefficient systems can expose firms to risks far beyond lost opportunities. That’s why an increasing number of organisations are turning to a specialised…
Read More
Estate Agent Talk

Demand for project properties soars versus general market

New research from The Property DriveBuy reveals that demand for fixer-upper properties is easily eclipsing overall market demand as homebuyers demonstrate a strong appetite for renovation projects amidst ongoing affordability restrictions due to stubbornly higher mortgage rates and slow but steady house price growth. Across England, there are currently an estimated 601,525 homes listed for…
Read More
Estate Agent Talk

5,600 sellers slash asking price within first 30 days

5,600 home sellers slash asking price within first 30 days of hitting the market, as market stagnates ahead of Autumn Budget The latest research from nationwide cash buying company and quick sale specialists, Springbok Properties, has revealed that as many as 5,559 home sellers have slashed their asking prices within 30 days of entering the…
Read More
Estate Agent Talk

How to Protect Your Property Investment Before You Buy or Sell

Buying or selling property can be one of the biggest financial moves you’ll ever make, which is why protecting that investment should come before anything else. Taking the time to do the right checks and work with the right experts saves you from expensive surprises in the future. Preparation gives you power when it comes…
Read More
Rightmove logo
Breaking News

Market remains resilient, but not strong enough to drive usual Autumn bounce

The average price of property coming to the market for sale rises by 0.3% (+£1,165) this month to £371,422. This is below the ten-year average October bounce of +1.1%, as the decade-high level of property for sale limits seller pricing power The month of September saw a softening of activity year-on-year compared with a strong…
Read More
Breaking News

House prices post second consecutive quarter of growth this year

The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that the property market has continued to demonstrate resilience in 2025, with house prices increasing for a second consecutive quarter in Q2, following four consecutive quarterly increases seen in 2024. The Benham and Reeves Property Market Index Review*…
Read More