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Where are house prices in your area headed?

ended 24. September 2025

Where do you think house prices in your area (town/city/region) are headed for the rest of 2025 and into 2026 — and why? What trends are you seeing? Are activity levels and demand strong or weak? Is it a buyers' or a sellers' market where you are? Juxtapose these Qs against a backdrop of the forthcoming ‘Doom Budget’ potentially hitting confidence and wallets, stubbornly high inflation (3.8%, almost double the target), recent hikes in mortgage rates and the Bank of England highly unlikely to cut rates again in 2025. We'll be publishing your responses in local and national news media throughout the week. PLEASE ensure you have a location on your Newspage or we can't use your response (town/city fine).

4 responses from the Newspage community

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Editor
Tony Redondo
Founder at Cosmos Currency Exchange
Newquay's housing market shows stronger resilience than the broader Cornwall, with prices up 5.67% vs flat Truro and 2.7% Cornwall average. As Cornwall's premier seaside resort, it benefits from lifestyle buyer demand, tourism investment, and limited coastal development. However, economic headwinds will impact holiday home buyers through higher mortgage costs and stamp duty changes, hitting the £338k-£395k average price range. Expect 5.67% growth to moderate to 0-2% by late 2025. For 2026, Newquay may outperform Cornwall due to its unique appeal, but growth will remain subdued at 1-3% annually versus recent strong performance.
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Editor
Kate Allen
Owner at Finest Stays
Property prices for second homes in Salcombe are slipping, much like ice cream melting on a hot day. Consumer confidence is receding with the tide, weighed down by economic uncertainty, stubbornly high mortgage rates, and the added burden of double council tax.
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Editor
Samuel Mather-Holgate
Managing Director & IFA at Mather and Murray Financial
Whilst the housing market seems stagnant across the country, we have been speaking with estate agents and buyers in Swindon and the market here seems buoyant. Anecdotally only yesterday a young couple went to view a property without having theirs on the market; later that day they had their offer accepted and one accepted on their place. It seems like if you’ve got the right property there are buyers out there, and Swindon has plenty of right properties.
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Kundan Bhaduri
Entrepreneur, Investor and Landlord at The Kushman Group
Properties that attracted bidding wars eighteen months ago now sit on Rightmove like museum exhibits, with sellers quietly accepting offers 8-12% below peak asking prices. Canterbury's traditional appeal to London commuters has evaporated as mortgage rates above 5% make the economics impossible for most buyers, while local wages cannot support current property valuations without cheap financing.

The fundamentals point to further declines through 2026 as reality collides with wishful thinking. Young professionals earning decent salaries cannot afford three bedroom family homes priced at seven times average income, while existing homeowners delay moves to avoid transaction costs in a falling market.

Meanwhile, Rachel Reeves' impending budget assault on property wealth has landlords quietly liquidating portfolios ahead of capital gains raids.