Nationwide Report Suggests UK House Prices Are On The Rise

According to the latest Nationwide House Price Index, UK house prices increased by 0.5% in September, with the annual rate of growth now sitting at 2.2%.

It’s a positive sign that could help boost an already thriving property market. Here at Hannells, we’ve just recorded our second-best month ever for sales, a clear indication that confidence is high, buyer demand is strong, and the market is very much on the move.

🔷 More Activity. More Confidence. More Opportunities.

The Nationwide report points to a combination of greater price stability, improved mortgage conditions, and growing consumer confidence as key factors behind the latest uplift.

Although the 0.5% rise might seem modest on paper, it reinforces what we’re already seeing across Derby. Buyers are active, sellers are motivated, and the appetite for well-presented, realistically priced homes continues to grow.

With borrowing costs gradually easing and many lenders offering more competitive rates, this data could serve as the catalyst for even more movement in the final few months of the year.

🔷 What It Means for Derby Buyers and Sellers

While national headlines often focus on averages, the picture in Derby has been particularly strong.

We are seeing homes across all price ranges attract multiple offers, and in many cases, sales are being agreed within days of hitting the market. For first-time buyers and movers alike, this news from Nationwide may further reinforce the decision to take action now, before competition increases even further.

If you are considering selling, now could be the ideal time to capitalise on rising demand and growing confidence. For buyers, acting quickly remains key in such a fast-paced market.

✨ If you’re thinking of selling in Derby and want to find out how much your property could be worth, get in touch with your local branch of Hannells to book your free, no-obligation and no-pressure valuation with one of our friendly and professional local experts! You can book online HERE or get in touch with our network of Derby branches HERE.

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