As September draws to a close, the property market across Surrey and Hampshire is entering the traditionally busier autumn period, but this year the picture remains measured.
After a quieter summer, buyers are returning to the market, although affordability pressures and a wider range of available properties mean many are taking more time before committing.
At Bourne Estate Agents, we’re seeing a market where well-presented, appropriately positioned properties continue to attract attention, while buyers remain selective.
A More Active Autumn, But a Measured Market
Rightmove reports that average asking prices for newly listed homes increased by 0.7% in September, the first monthly rise since May. However, prices remain 0.8% lower than a year ago, while buyer enquiries are 9% lower year-on-year.
In the South East, average asking prices are 1.8% lower than a year ago. Meanwhile, Zoopla reports that searches for homes are 7% higher than a year ago, including an 8.9% increase in the South East. However, agreed sales remain 6% below last year.
The picture is therefore one of increased interest, but considered decision-making.
Opportunities for Buyers
While headlines can understandably focus on the challenges, a more measured market can also create valuable opportunities for buyers.
With a wider selection of homes available and less urgency than in recent years, buyers have more time to find the right property.
For those looking to upsize, in particular, changes in relative values between different parts of the market can create opportunities. A move that may have felt out of reach in a faster market can become more achievable when the balance between buying and selling prices shifts.
The key is understanding the market as a whole rather than focusing solely on headline house-price figures.
Pricing and Stock Levels
The number of homes available for sale is currently at a 12-year high for this time of year, according to Rightmove.
Its data also shows that 74% of homes sold so far in 2026 were priced correctly when first listed and did not subsequently require an asking-price reduction.
For sellers, this reinforces the importance of presentation, marketing and an effective launch strategy. For buyers, it means a broader range of homes to consider.
What Does This Mean Across Surrey & Hampshire?
National figures only tell part of the story. Local conditions can vary significantly between towns, neighbourhoods and individual properties.
While national trends provide useful context, our local markets continue to behave differently depending on location, property type and buyer demand.
Across Bourne’s eight offices:
- Farnham – historic character, countryside and a thriving town centre.
- Guildford – excellent connections, culture, shopping and the Surrey Hills.
- Godalming – riverside living and a strong community feel.
- Cobham – sought-after, leafy surroundings with excellent London connections.
- Woking – strong commuter appeal and excellent transport links.
- Ash Vale – a quieter setting with countryside and the Basingstoke Canal nearby.
- Petersfield – South Downs living alongside a popular town centre.
- Alton – traditional market-town living surrounded by Hampshire countryside.
This local variation is why property-specific advice remains so important.
Experience Matters in a Changing Market
Markets change. What remains important is knowing how to respond.
At Bourne Estate Agents, our teams have extensive experience of working through different property market cycles and changing conditions. That experience helps us understand not only what is happening across the market, but what it means for individual buyers, sellers and landlords.
Whether you’re taking advantage of increased buying opportunities, considering an upsizing move or deciding whether now is the right time to sell, good local advice can help identify opportunities within the market.
What Should Sellers Take From the Latest Data?
That local understanding becomes particularly important when assessing what recent market forecasts might mean for individual sellers.
Rightmove has revised its 2026 UK house price forecast and now expects average UK house prices could fall by up to 2% by the end of the year, compared with its original forecast of 2% growth.
This is a national forecast, and Rightmove highlights significant regional differences.
For homeowners considering a move, an up-to-date valuation can provide useful insight into how their property compares within today’s market.
The Rental Market
While sales market conditions continue to evolve, the lettings sector remains an important part of the property landscape across Surrey and Hampshire.
The lettings market continues to offer opportunities for landlords, although local conditions vary by area and property type.
Autumn is a useful time to review:
- Rental pricing
- Property condition & maintenance
- Safety and compliance
- Tenant communication
- Insurance & rent protection
- Overall management
As the regulatory landscape becomes increasingly complex, professional property management can help landlords navigate change with confidence. From compliance to tenant communication and dealing with day-to-day maintenance, a managed service can provide landlords with peace of mind, time saving and the confidence to know their investment is being well protected.
Looking Ahead
The latest data points to an autumn market with more buyer activity than over the summer, but without the urgency seen during stronger market conditions.
While challenges remain, opportunities still exist for buyers who are well prepared, understand their position and are ready to act when the right property comes along.
For sellers, getting the launch strategy right remains crucial. For buyers, increased availability may create opportunities that previously felt out of reach.
Discover What Your Home Could Be Worth
If you’re considering a move, now is a good time to understand where your property stands in today’s market.
At Bourne Estate Agents, our local teams combine in-depth knowledge of the communities we serve with extensive experience of navigating changing property markets.
A complimentary, no-obligation valuation will give you a clear understanding of your property’s value and your options.
Understanding your position is the first step towards making an informed move.#
Alton – Ash Vale – Cobham – Farnham – Godalming – Guildford – Petersfield – Woking
Frequently Asked Questions
Is autumn still a good time to sell?
Autumn traditionally brings increased property activity after the summer. The current market is more measured, however, with buyers having more choice and taking their time before committing.
Are there opportunities for buyers in the current market?
Yes. Increased availability and a less competitive market can give buyers more time to find the right property. Those looking to upsize may also find opportunities created by changing values between different parts of the market.
Are house prices falling in Surrey and Hampshire?
Rightmove reports that average asking prices in the South East are 1.8% lower than a year ago. Individual property values can vary considerably depending on location, type, condition and demand.
Are buyers returning to the market?
Yes, there are signs of renewed interest. Zoopla reports that home searches are 7% higher than a year ago, including an 8.9% increase in the South East. Agreed sales, however, remain below last year’s level.
Why does local experience matter?
Property markets can vary significantly between locations and market cycles. Local knowledge and experience can help buyers and sellers understand how wider market changes may affect their individual circumstances.
Should I get a valuation if I’m not ready to sell?
Yes. A valuation can give you a better understanding of your property’s current market position without committing you to selling.
Is the rental market still worth considering for landlords?
Rental demand remains an important part of the market, but landlords should consider current rental values, maintenance, compliance and their wider investment strategy.
Thinking About Your Next Step?
The autumn market may be more measured than in previous years, but opportunities remain for buyers, sellers and landlords.
Book your complimentary, no-obligation valuation with Bourne Estate Agents and find out what your property could be worth.
