UK Residential Market Survey, January 2026 (published 12th February 2026).
Despite subdued activity, tentative signs are emerging that the market may be turning a corner
Several indicators have become consistently less downbeat in recent months
House prices appear to have stabilised at a national level, although regional disparities are widening
Sentiment regarding the twelve-month sales outlook points towards a recovery
The January 2026 RICS Residential Market Survey suggests market conditions may be starting to turn a corner, with several activity-related indicators recording their least negative readings for several months. Furthermore, while near-term expectations remain relatively cautious, there is growing conviction among respondents that a recovery in sales volumes will gather momentum over the year ahead.
What is the UK Residential Market Survey?
The UK Residential Market Survey is used by the government, the Bank of England and other key institutions, including the IMF, as an indicator of current and future conditions in UK residential sales and lettings. It is covered extensively in the media and is the leading source of market intelligence, highly regarded both by investors and across the industry.
Navah Consulting’s view
Across Hertfordshire, Essex and Cambridgeshire, we are beginning to see early signs of market stabilisation following a prolonged period of subdued activity. While transaction levels remain below historic norms, confidence is gradually improving and pricing appears to be finding a more consistent footing.
In this environment, accuracy and realism remain critical. Buyers are measured in their approach, and properties that are well-presented and sensibly priced continue to perform best. Conversely, over-ambitious pricing is still being challenged, often leading to extended marketing periods or price adjustments.
We are continuing to see strong demand for RICS Home Surveys (Level 2 and Level 3), particularly for older or altered properties, as purchasers seek clarity around condition and potential liabilities before committing. Early identification of risk remains a key factor in supporting negotiations and protecting value.
Independent RICS Valuations also remain important in a stabilising but regionally varied market. Evidence-based advice is essential where lenders, legal advisers and private clients require defensible and well-supported figures.
Overall, while the outlook for 2026 appears more constructive, recovery is expected to be gradual. Clear, informed advice remains central to achieving successful outcomes in a market that is steadying, but still selective.
At Navah Consulting, we continue to support buyers, sellers and investors with clear, independent advice through:
• RICS Home Survey Level 2 & Level 3
• RICS Red Book Valuations (sale, purchase, probate, shared ownership, Help to Buy)
• Reinstatement Cost Assessments
As RICS-qualified surveyors based in Bishop’s Stortford, we are well placed to assist clients across Hertfordshire, Essex, Cambridgeshire, London and the surrounding areas. Key areas include Bishop’s Stortford, Stansted Mountfitchet, Cambridge, Hertford, Harlow, Sawbridgeworth, Chelmsford and Saffron Walden.
If you are considering buying, selling or simply require professional guidance, please feel free to get in touch, our team will be happy to help.
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