House prices rise in ‘autumn bounce’ as UK sellers face crowded market

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House prices rise in ‘autumn bounce’ as UK sellers face crowded market | The IndependentSkip to contentSwipe for next articleIndependent Bulletin homepageDownload our appAllNewsSportCultureLifestyleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.Subscribe`; document.body.appendChild(modal); modal.addEventListener('click', () => { document.cookie = 'mos-plan-select=; Max-Age=0; path=/; expires=Thu, 01 Jan 1970 00:00:00 UTC;'; }); modal.querySelector('.subscribe-link')?.addEventListener('click', (e) => { e.preventDefault(); document.cookie = 'mos-plan-select=; Max-Age=0; path=/; expires=Thu, 01 Jan 1970 00:00:00 UTC;'; setTimeout(() => { window.location.href = 'https://www.independent.co.uk/subscribe/app'; }, 500); });});]]>Vicky ShawMonday 21 September 2026 06:18 BSTAsking prices have risen for the first time since May (PA) (PA Archive)Average asking prices for homes in Britain rose by 0.7 per cent, or £2,441, in September to reach £367,440, signalling an “autumn bounce” that exceeds the decade-long average September increase of 0.5 per cent.Despite the monthly rebound following a quiet summer, average property prices remain 0.8 per cent lower than at the same point last year and 2.3 per cent below levels recorded at the start of summer.Sellers face a crowded market as the total number of properties available for sale has reached a 12-year high, while prospective buyers continue to contend with stretched affordability and rising fixed mortgage rates.The likelihood of finding a buyer varies significantly across Britain, with Scotland seeing 91 per cent of listed homes find a buyer compared with 71 per cent in the North West, 56 per cent in the South East, and only 42 per cent in London.Property and mortgage experts emphasise that realistic pricing from the outset is vital to securing a sale, noting that 74 per cent of homes sold so far this year were priced correctly first time without requiring a later price reduction.In fullUK house prices jump for first time in months in latest sign of ‘autumn bounce’More bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in