The UK housing market continues to show resilience through autumn, though not enough momentum to deliver the traditional seasonal price bounce.
The UK housing market continues to show resilience through autumn, though not enough momentum to deliver the traditional seasonal price bounce.
The average asking price of homes coming to market in October rose by 0.3% (+£1,165) to £371,422. While this is an increase, it is notably below the ten-year October average rise of 1.1%, reflecting a market where buyers have greater choice and sellers face more pricing competition.
A key factor limiting price growth is the decade-high level of available property for sale, which is reducing sellers' pricing power.
September activity was also lower year-on-year when compared with a particularly strong September 2024, which benefited from:
Despite this, when viewed across 2025 as a whole, the market remains on stable footing.
Looking at the year to date:
However, in September alone:
This highlights a market that is functioning well overall, but where individual months can fluctuate as buyers and sellers react to economic and political signals.
The slight annual price dip of -0.1% nationally is being driven by London and the south of England, while:
Southern England is facing several combined pressures:
These factors are encouraging a more wait-and-see approach, particularly among higher-value movers.
Across Diss, Norwich and Attleborough, the picture remains broadly positive:
These local markets are benefiting from affordability relative to the south-east and from continued interest from both local movers and buyers relocating into Norfolk.
This shows that while entry-level and mid-market prices have softened slightly, higher-value homes nationally have seen modest monthly growth, albeit with greater sensitivity to wider economic factors.
Rightmove continues to support policy changes that would improve mobility and simplify the buying and selling process, including long-term reform of stamp duty. Increased certainty following the Autumn Budget will be important in restoring confidence, particularly in higher-value southern markets.
As noted by Colleen Babcock, the market remains robust, but sustained price growth will depend on clearer policy direction and continued improvements in affordability.
If you're considering selling or buying in Diss, Norwich or Attleborough, Leonard James Property offers practical, local advice based on current market conditions — helping you move forward with confidence, even in a more cautious market.