Northamptonshire Property Market Update – September 2025
Rightmove has just released its latest House Price Index, giving us a snapshot of how the housing market is performing across the country. Here’s what you need to know – and what it means for homeowners and buyers here in Northamptonshire.
The Big Picture
The average asking price of a UK home is now £370,257 - Up slightly (+0.4% / £1,517) this month.
However, prices are 0.1% lower than this time last year The first annual fall since early 2024
The decline is mainly being driven by London and the south of England. The Midlands and the North are performing much more strongly.
The number of sales being agreed nationally is 4% higher than last year showing that buyers are still active, especially when homes are sensibly priced.
What’s Happening In The East Midlands?
For us in Northamptonshire, the news is more positive than in the south:
Unlike London and the South West, the Midlands have held steady with no sharp drops in asking prices
With fewer properties priced above £500,000 compared to the south our local market is less exposed to the rumoured tax changes (a potential replacement for stamp duty and a “mansion tax”).
Homes here are still selling well when priced competitively and buyers continue to be attracted by the balance of affordability, good transport links, and village lifestyle.
Mortgage Rates And Buyer Affordability
Mortgage costs are easing
The average two-year fixed rate has fallen from 5.03% to 4.52% over the past year.
- For someone buying at today’s average asking price with a 20% deposit, that’s nearly £100 less on monthly repaymentscompared to a year ago
- This makes moving more affordable for many buyers, especially first-time buyers in our county.
What This Means For Sellers In Northamptonshire
Price realistically
- Buyers are out there, but they are price-sensitive. Homes that are sensibly marketed are the ones achieving strong interest.
- Competition in the south of England is fiercer, but here in the East Midlands, stock levels are more balanced – giving Northamptonshire sellers a better chance to stand out without heavy discounting.
- If the Government introduces new property taxes in November’s Budget, they’re likely to affect London and the south more than our region.
What This Means For Buyers In Northamptonshire
A Good Window of Opportunity
With mortgage rates easing and more choice on the market, this is a good window of opportunity.
- Prices in Northamptonshire remain steady compared to the national picture, so buyers can feel confident they’re purchasing in a stable market.
- Acting before the Budget may help avoid any knock-on effects if tax changes create uncertainty.
In Summary
The housing market in Northamptonshire is holding up well, despite headlines of falling prices elsewhere. Sellers here should focus on competitive, realistic pricing to attract committed buyers. For buyers, improving affordability and a good selection of homes means there are opportunities to move with confidence this autumn.
You can view the Rightmove House Price Index Here: CLICK HERE or view the PDF Report here: CLICK HERE