The 2026 London Sales Market: monthly trends and insights from Foxtons

The 2026 London Sales Market: monthly trends and insights from Foxtons

By Sophia Wood-Burgess

By

Expert insight from Foxtons Sales, drawing on 45 years at the heart of the London property market.

📊
Bank of England Base Rate
3.75%
↓ 0.25% in December
Source: Bank of England
🏡
Average London House Price - December 2025
£661k
0.0% vs December 2024
Source: Rightmove House Price Index
💷
Affordability
Rising
Wider range of mortgage products in relation to base rate cut
Foxtons Market Analysis
📈
Market Sentiment
Rising
Post-Budget clarity and rate cuts improving confidence
Foxtons Market Analysis
Market Activity
Rising
January surge in new applicants and listings
Foxtons Market Analysis

What do these numbers mean for your property?
Book a Foxtons valuation, and one of our experts will discuss them with you

Book a valuation


Each month, Foxtons leading sales experts share clear, practical insight into the London sales market. This is your single, up-to-date destination for expert opinion, refreshed monthly so you always know where the market stands.

With decades of experience across London’s property market, Foxtons Sales has the depth of knowledge to answer the questions buyers and sellers are asking right now. Whether you are deciding if it is the right time to buy or sell, or trying to understand how wider news is shaping the London market, this is where to start:


January 2026: Pent-Up Demand Fuels a Strong Start

London residential property

Now, your sale takes you further.
Instruct Foxtons as your sole agent by 31 March 2026, and when we sell your property, collect 20,000 Avios.*
Start your journey here.

Pent-up demand is driving activity. The Autumn Budget caused buyers to pause their decisions at the end of 2025. This created strong demand heading into January, which is already a seasonally busy month.

More buyers can enter the market. We've likely seen the peak of inflation, so the Bank of England made their second cut to the base rate in 2025 in December. Lenders responded with more mortgage options, including higher LTV products that require lower deposits (crucial for first-time buyers). Meanwhile, London wage growth is outpacing house price growth.

Sellers: accurate pricing is critical. The number of property listings is increasing as more sellers find their moment. With more choice available, buyers can easily compare value across their search area. Getting an updated valuation with pricing that matches current demand is essential to start your sale successfully.

February 2026: Market Update

February market update: 9 February 2026.

Should I sell?
Book a Foxtons valuation for an in-person discussion with an expert. They'll share real-time data and their local experience to give you the fullest picture of the market for your property, whether it's down the street, across London and around the globe.
Book a valuation
Should I buy?
Sign up to My Foxtons and we'll discuss your goals, timeline and search criteria with you...or if you're still mulling it all over, read what to consider when you're thinking of buying.
Share your search criteria

*Terms and Conditions apply.



Source: This article is compiled and updated monthly using insight from Foxtons Sales leadership and Senior Sales Managers across London. It draws on real‑time buyer and seller activity, internal data and on‑the‑ground market intelligence from Foxtons offices throughout the capital.
Market commentary and analysis are overseen by Foxtons Managing Director - Sales, James Stevenson, and informed by our many years of leadership in the London property market.

If you have any questions on this article, please email us to ask a Foxtons expert.

How much is your property worth?

Get your property valued by a local expert

How much is your property worth?

Get your property valued by a local expert