Number of homes for sale at 11-year high, over-pricing punished quickly 🚫
#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk
Rightmove House Price Index – February 2026: Key Market Insights (with a Nottingham lens) 🔍
🔸 The average asking price of newly listed homes is virtually flat in February, down by just £12 to £368,019, which represents 0.0% month-on-month and 0.0% year-on-year.
🔸 January did the heavy lifting. Prices are still up 2.8% since December, making it the strongest start to a year for asking prices since 2020.
🔸 Why the pause? Choice is high, buyers are steady, and pricing is sensitive
🔸 Early-year momentum was front-loaded into January as confidence returned after Budget uncertainty.
🔸 In February, a high level of available stock combined with steady buyer activity has kept prices from rising further.
Sellers have competition, over-pricing is punished quickly 🚫
🔸 There are several positive factors supporting affordability:
🔸 Average earnings are up 4.7% year-on-year, outpacing recent property price growth.
🔸 Mortgage rates remain close to their lowest level since September 2022, with the average two-year fixed rate at 4.28%, down from 4.96% a year ago.
🔸 The number of homes for sale is at an 11-year high for this time of year, giving buyers more negotiating power.
Good news for buyers and for correctly priced homes in Nottingham 🗞️
This is the kind of market where a well-presented and well-priced Nottingham home can stand out and still achieve a strong result, while optimistic pricing risks going stale.
East Midlands snapshot relevant for Nottingham movers 📸
🔸 Average asking price: £286,666
🔸 Monthly change: +2.2%
🔸 Annual change: +0.4%
🔸 Average days to find a buyer: 86
While the national average is flat, the East Midlands is showing upward movement, and timing remains important as we move towards the spring selling season.
What this means if you are selling in Nottingham 🏘️
🔹 Price to the market, not to the mood. Buyers have choice and will compare carefully.
🔹 Presentation is profit. Photography, launch timing and marketing reach make a bigger difference when competition is high.
🔹 Be guided by real demand, not just headlines. Even in a flat month, the right home can sell quickly with the right strategy.
If you would like to know what your Nottingham home is worth right now, contact Head Valuer Lisa (lisa.dahl-parsisson@cavendishproperty.co.uk) for an up-to-date valuation and a clear plan to get you sold 🤝
📸 Lisa Dahl-Parsisson, Head Valuer and Asset Manager at Cavendish Residential 📸
☎📧🗨
🌟 Instant online valuation (immediate response, 60-70% accurate)... Click here 🌟
🌟 Remote consultant valuation (24-hour response, 80-90% accurate)... Click here 🌟
🌟 Face-to-face visit (time to suit you, 100% accurate)... Email expert valuer lisa.dahl-parsisson@cavendishproperty.co.uk to get started 🌟
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#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk