Asking prices rise 0.7% in September to £367,440, the first monthly rise since May, as homes for sale hit a 12-year high

Rightmove's September index, published on 21 September, shows the average asking price of a newly listed home rose 0.7% (£2,441) to £367,440, the first monthly rise since May, though prices remain 0.8% below a year earlier. The number of homes for sale is at a 12-year high while buyer enquiries and agreed sales are both 9% lower than a year ago, and the average two-year fix tracked by Rightmove rose to 5.29% from 5.09% in August. For sellers, the autumn uptick is a chance to catch returning buyers, but pricing matters more than usual: 61% of listed homes found a buyer nationally, falling to 42% in London against 91% in Scotland. For buyers, choice remains wide and there is room to negotiate; this is a modest seasonal recovery, not a turning point.