Asking prices fall 1.2% in July, the steepest on record. Sales agreed hit their best July since 2021.

Rightmove's July 2026 House Price Index puts the average asking price for a new listing at £373,709, down 1.2% (£4,531) this month. It is the steepest July price fall Rightmove has recorded in more than twenty years of data. The same report shows more sales being agreed than in any July since 2021, with estate agents fielding 6% more buyer enquiries than a year ago.

The practical signal for sellers across the patch is that pricing has become the deciding factor in whether a listing moves. Homes for sale remain near a decade-high level nationally, buyers have plenty to choose from, and the properties attracting offers are the ones priced for today's market rather than last year's.

What does Rightmove's July 2026 data actually show?

Average asking prices nationally are now just 0.1% higher than a year ago, while average earnings have risen by more than 5% over the same period. That gap is doing more for affordability than any single rate cut could. London is driving most of the national fall, down 1.5% this month and 2.1% in Inner London, as sellers there compete hardest for a thinner pool of buyers.

Why are more sales being agreed even as prices fall?

The answer sits mostly in the mortgage market. The average two-year fixed rate has fallen to 4.53%, down from 5.34% a year ago, a saving of close to £150 a month on a typical new mortgage. Combine that with wages outpacing price growth, and buyers who sat out 2025 are finding the sums work again. Sales agreed nationally are running 5% ahead of last July, the strongest for this time of year since 2021.

What does this mean for Huntingdon, Brampton and Godmanchester?

The patch does not move like London. Buyers across the Huntingdon, Brampton and Godmanchester corridor are typically driven by commuting distance to Cambridge and value for money, not by the speculative price growth that is unwinding fastest in London. That does not mean sellers here are exempt from the wider pattern: with stock still plentiful, a realistically priced Huntingdonshire home is competing against more choice than buyers have had in years.

What should sellers in the patch do this summer?

Price realistically from day one. In a market with this much stock, a home listed at or slightly below comparable local sales draws viewings quickly; one carried at last year's price and reduced a fortnight later loses the momentum that gets an offer. Our estate agents in Huntingdon cover Brampton, Godmanchester and the wider patch, and can talk you through pricing for this specific market. A free valuation gives you a live starting point before you commit to a figure.

What does this mean if you're buying now?

Buyers are better placed than at almost any point in the past two years. Falling mortgage rates plus flat annual price growth mean affordability has genuinely improved, not just on paper. Run your numbers through the stamp duty calculator first, then talk to your broker about locking in a fix while rates are this favourable. We covered the mortgage side in more detail earlier this month, when Nationwide, HSBC and Santander all cut fixed rates again.