October 2025 Rightmove House Price Index
As we move deeper into the autumn property season, the latest data from the Rightmove House Price Index offers a telling snapshot of a UK housing market that's holding firm but one that’s also showing signs of seasonal and economic caution.
As we move deeper into the autumn property season, the latest data from the Rightmove House Price Index offers a telling snapshot of a UK housing market that's holding firm but one that’s also showing signs of seasonal and economic caution.
The property landscape is changing, and as we await the upcoming Autumn Budget Statement, homeowners and buyers alike are watching closely to see how the government may act on tax thresholds, interest rate responses, or affordability schemes.
So, what does the data tell us this month and how should it shape your next move?
Rightmove House Price Index – October 2025 Highlights
According to Rightmove's latest national housing report:
· 🏡 The average asking price for newly listed UK homes now stands at £371,422, a modest +0.3% monthly increase.
· 📉 Year-on-year change sits at –0.1%, reflecting a broadly flat housing market over the past 12 months.
· 📈 Sales agreed are +5% higher than this time in 2024, suggesting underlying buyer demand remains healthy.
· 📍 London saw a –1.4% annual drop, while Scotland, the North and Wales posted gains of +1–2% year-on-year.
· 📉 New instructions and buyer enquiries both fell –5% month-on-month, highlighting a more cautious sentiment from both sides of the market.
· 🧮 The usual October price bounce (10-year average +1.1%) underperformed, with this year’s rise of +0.3% being the smallest since 2008.
How Sellers Should Respond to Today’s Market
In today’s market, pricing and preparation are everything. If your home is coming to market this autumn:
· Don’t chase last year’s highs. With price growth flat year-on-year, overpricing will only delay your move.
· Less competition means more visibility. With –5% fewer new listings, a well‑presented home stands out.
· Motivated buyers are still active. A +5% rise in sales agreed proves the market is not stagnant but buyers are being selective.
💡 The Avenue Tip: Launching now gives you a first-mover advantage ahead of the end-of-year slowdown and lets you benefit from any post-Budget bounce if demand rises again.
What Buyers Should Know Before the Budget
For buyers, the current landscape brings both opportunity and uncertainty:
· Fewer new listings may limit choice but competition is slightly lower.
· Annual pricing is stable, meaning there’s less pressure to “chase” fast-rising prices.
· With the Autumn Budget Statement potentially impacting stamp duty, mortgage schemes or housing incentives, acting now allows you to lock in terms before any policy shifts.
The Avenue Tip: Make sure you’re financially ready to act. Sellers are favouring buyers who come prepared with a mortgage in principle and offer flexibility on dates.
What We’re Watching: The Autumn Budget Statement 2025
Scheduled for release next month, the Autumn Statement will be pivotal in shaping Q4 activity in the property market. Some of the areas The Avenue team are closely watching include:
· Stamp Duty reforms: could relief be extended or restructured?
· New buyer incentives: any Help to Buy or first-time schemes reintroduced?
· Mortgage market support: will the government intervene to ease affordability?
The market is holding its breath but those who act before the announcement may benefit from certainty and speed rather than being caught in the post‑Budget rush.
🧠 Want to get ahead? Download our 11-Step Seller Guide for a strategic, stress-free plan of action.
✅ Final Takeaways from October’s Data
· Property prices remain stable, with only a minor monthly rise and flat year-on-year performance.
· Buyer activity is increasing, with sales agreed up +5% compared to 2024.
· The market is steady, not falling and slower price growth means more balanced conditions for both parties.
· Fewer listings and quieter autumn competition create an ideal window for motivated sellers.
· All eyes are on the Autumn Budget, which could trigger notable shifts — don’t wait to get your strategy in place.
Have questions? We're here to guide you through every step, from pricing to policy changes with expert insight and a personal touch.