ZOOPLA HOUSE PRICE INDEX – JANUARY 2026

Executive summary

• UK house prices increased 1.2% over 2025 (1.9% in 2024)
• Confidence returns after 2025 Autumn Budget uncertainty
• Buyer demand rebounds as 2026 gets underway – tracking in line with 2024 levels and 9% down on 2025’s strong start
• Housing supply rises, giving buyers more choice
• City-level house price inflation varies from -2.6% to +5.5%, highlighting wide variations in local market conditions
• Average mortgage rates reach lowest level since 2022
• Higher stock levels put pricing discipline front and centre for sellers, especially in southern England.