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Surrey and Hampshire Property Market Update

As we move through January and look ahead to the rest of 2026, the property market across Surrey and Hampshire is showing encouraging signs of confidence and stability. Buyer activity has picked up after the festive slowdown, rental demand remains strong, and both homeowners and landlords are entering the year with renewed optimism.

Sales Market Update — A Confident Start to the Year

The sales market has begun 2026 on a positive footing, particularly in the South East.

According to the latest Rightmove House Price Index, the average UK asking price rose by 2.8% in January, bringing the national average to around Â£368,000. This marks the strongest January price increase on record, reflecting renewed confidence from sellers and healthy demand from buyers returning to the market after Christmas.

Year-on-year, prices remain modestly higher, showing that the market has stabilised after recent fluctuations. Rightmove also forecasts that average asking prices could rise by around 2% over the course of 2026, supported by improving affordability and increased buyer choice.

Here in Surrey and Hampshire, demand remains particularly robust for:

  • Family homes
  • Properties with gardens or flexible living space
  • Homes within easy reach of commuter routes and local amenities

Well-priced properties are continuing to attract strong interest, especially when marketed effectively from the outset.

Lettings Market Update — Demand Remains Strong

The lettings market across Surrey and Hampshire continues to perform well, underpinned by consistent tenant demand.

National figures from sources including Zoopla and the Office for National Statistics show that average UK private rents are around 4% higher than this time last year, with growth now returning to a more sustainable pace after the sharp increases seen in recent years.

Locally, demand remains high from:

  • Professional tenants
  • Families relocating for lifestyle and schooling
  • Renters seeking more space outside major cities

Well-presented, energy-efficient homes are letting quickly, often with minimal void periods. This is particularly good news for landlords looking for long-term stability rather than short-term volatility.

What This Means for You

For Sellers

  • Early-year momentum and rising asking prices make now a great time to consider selling.
  • Accurate pricing and strong presentation remain key to achieving the best outcome.

For Buyers

  • Increased activity means more choice and renewed confidence.
  • Mortgage competition is helping to gradually improve affordability.

For Landlords

  • Strong tenant demand continues to support rental values.
  • High-quality, well-maintained properties are achieving the best returns.

Looking Ahead

The outlook for 2026 is positive, with the market expected to favour steady, sustainable growthrather than dramatic swings. Surrey and Hampshire continue to be highly desirable locations, offering an excellent balance of lifestyle, connectivity and long-term value.

Thinking of Moving or Letting in 2026?

Whether you’re considering selling, buying, letting or reviewing your current property’s value, our team is here to help.

Contact us today for a FREE, no-obligation valuation or a personalised local market update, tailored specifically to your town, village and street.

Let’s make 2026 a successful year for your property plans.

Alton – Ash Vale – Cobham – Farnham – Godalming – Guildford – Petersfield – Woking

Bourne Estate Agents

We are a refreshing, fully independent business that has quickly built up an enviable network of branches across Surrey and Hampshire. Two thirds of our business comes via recommendations, demonstrating that we are totally committed to providing our clients with a proactive and dynamic approach to moving, from start to finish.

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