Paul Petticrew - The Property Experts

17/06/2026

💷 📐 Welcome back to news of Rugbys property market, where each week I bring you different local property market stats and trends. This week I am back again with the June’s £/sq.ft statistics.

The average property presently in Rugby is on the market for £279 per square foot, a figure representing the current heartbeat of our local property market.

Last month it was £286 per square foot.

That doesn’t mean Rugbyhouse prices have changed by that percentage, just the mix of properties for sale, thus changing the £/sq.ft figure. This snapshot is crucial for Rugbys homeowners; it's not just a number but a story of our community's property market.

Each month, I will revisit that figure and use it to gauge the health of our local property market.

Are you keen to know how your home aligns with these trends?

Stay informed, stay ahead, and stay connected with Rugbys property market beat.

12/06/2026

🔔 UK Property Market Week 22 2026: The Bounce Back Came, But Buyers Still Hold the Cards

Week 22 delivered the expected post Bank Holiday bounce.

25,637 UK homes sold STC this week, up from 22,100 the previous week. That is exactly what you would expect after the late May Bank Holiday dip. Strip out the noise, and the market is still functioning.

Not flying. Not collapsing. Functioning. The Week 22 average over the last 10 years is 23,500 sales agreed, so this week came in comfortably above that. Year to date, sales agreed are still 1.7% ahead of 2024, which matters, because despite all the noise, homes are still selling.

The supply side remains the bigger story. 38,865 new listings came to market this week, up from 31,300 last week, although last week was Bank Holiday affected. That is also well above the 10 year Week 22 average of 30,900 and above the 2025 weekly average of 30,600.

Year to date, listings are now 0.5% higher than 2025, 5.9% above 2024 and 14.5% above the 2017 to 2019 average. That means buyers have choice. Lots of it.

And when buyers have choice, they do not chase. They compare. They hesitate. They negotiate. They swipe left on anything that looks even slightly ambitious. House prices on sales agreed are still up 1.9% year on year, at £349.64 per sq ft, and 13.2% higher than May 2021. So, this is not a crash story. It is a pricing discipline story.

In May, only 14.6% of estate agents’ stock went Sold STC, the same as April, and only 54.5% of homes leaving agents’ books actually exchanged, completed and moved. The other 45.5% were withdrawn unsold.

That is the market in one sentence. Good homes, priced properly are still selling. Over ambitious homes are not struggling because the market is broken. They are struggling because buyers now have enough choice to ignore them.

12/06/2026

🔔 Week 22 gives us a property market that looks far healthier than the doom merchants would like to admit, but far more selective than many sellers want to believe.

25,637 homes sold STC last week. That is above the long-term Week 22 average of 23.5k, so buyers are still very much in the game. But they are not buying anything and everything. The real story is supply of properties for sale For every UK home that sells in a month, seven go unsold. 38,865 new homes came to the market last week, well above the long term Week 22 average of 30.9k. Year to date, 822,745 homes have come to market, compared with a 10 year average of 715k. That is a lot of choice.

Total UK homes for sale now sit at 746,898. That is slightly lower than 12 months ago, when it was 757k, but still miles above the 605k seen three years ago. Buyers are not short of options, and when buyers have options, average homes at ambitious prices get left behind. That is why 13.4% of homes on the market have reduced in price in the last month, while 14.6% have had a sale agreed. In plain English, almost as many homes are being price corrected as are being sold.

Yet the market is not weak. Year to date, 546,401 homes have sold STC, which is 2.1% ahead of the same point in 2024 and comfortably above the 10 year Week 22 average of 504k. Prices are also holding up. The average UK home sold STC last week at £374k, with sales agreed averaging £356 per sq ft.

Bottom line? The market is moving. Buyers are buying & sellers are selling. But, and its a big but, with this much choice, pricing is no longer a detail, it is the strategy. The best priced homes are getting the offers. The hopeful ones are becoming scenery.

11/06/2026

🏡 When UK Homes Sell & Why Overpricing Kills Momentum

This image tells a very simple story.

Of all UK homes that successfully sell, 41.8% find their buyer in the first month.
Then the odds start falling.

19.9% sell in month two.
11.7% sell in month three.
7.8% sell in month four.
5.3% sell in month five.
3.7% sell in month six.

In other words, the first month is not the warmup act. It is the main event.
That is why pricing correctly from day one matters so much.

Many sellers are tempted to “try a higher price and see what happens”. On paper, that sounds sensible. In reality, it can mean wasting the most powerful part of your marketing campaign, when your home is fresh, visible & attracting the attention of the most serious buyers.

The latest TwentyEA data analysed by Denton House Research also shows that 61.7% of all UK homes that actually sold (ie exchanged and completed) in the last five months did not have a price reduction.

That is not a small detail. It strongly suggests that the homes which make it all the way to the homeowner moving are mostly the ones that were priced realistically from the start. Overpricing does not usually create a better result. It often creates silence, then a reduction, then awkward questions from buyers about why the home has been sitting there.

The aim is not to give your home away. The aim is to launch at a price that makes buyers take action. If you have a Warwickshire home and are considering moving, feel free to pick up the phone to the office or drop us a message and we can inform you what’s happening in the Warwickshire property market and where you stand in that market.

11/06/2026

💷 House prices in Rugby have changed a great deal over the last five years, but not every part of the town has moved at the same pace.

This map shows the average change in house prices across Rugby, with the darker colours highlighting the areas where values have risen the most, and the lighter colours showing where growth has been more modest. Across much of the UK, average house prices have typically risen by around 14% to 21% over the last five years, depending on the region, but every town and city has its own story beneath the headline numbers.

That is why local knowledge matters.

Two streets can sit only a few minutes apart, yet perform very differently because of property type, school catchments, transport links, buyer demand, stock levels and the condition of homes coming to market.

The key message for Rugby homeowners is this: the market has not moved evenly. Some homes may now be worth considerably more than their owners realise, while others may need a more careful pricing strategy to attract today’s buyers.

If you would like to discuss the value of your Rugby home, feel free to drop me a message.

10/06/2026

🏠 Fewer UK Home Sales Agreed in 1st week of June, But House Prices Are Still Holding Up

Yes, sales agreed were down in the first week of June 2026 compared with the first week of June 2025. But here is the bit many people will miss.

The average price achieved per square foot rose from £343.77 in April 2026 to £349.64 in May 2026, meaning house prices increased of 1.7% last month.

So, this is not a collapsing property market. It is a more selective market.

Fewer homes are getting buyers, but the homes that are selling are still achieving strong values. That tells us something important. Buyers have not disappeared. They are simply being more careful about what they buy, what they pay, and whether the price stacks up.

For Warwickshire sellers, the message is clear. The market is still there, yet it rewards realism, presentation and proper marketing far more than wishful thinking. If you want a straight-talking Warwickshire estate agent, that will tell it like it is, then maybe we should chat??

10/06/2026

📈 Rugby rents have risen by 28% since 2021, yet over the last 12 months they have started to level off.

At the same time, the number of available rental homes is increasing, which means tenants now have a little more choice than they have had in recent years.

For Rugby landlords, this creates challenges and opportunities. Read the article to find out what they are…

Rugby’s private rental market has changed considerably over the last five years. In 2021, the average monthly rent in Rugby was £810. So far in 2026, that figure…

05/06/2026

🚨 May 2026 showed a British property market that is still moving.

More homes are coming to market, more sales are being agreed, and more deals are making it through to exchange & completion. That should give sellers confidence that buyers are still active.

Yet, the rise in sale fall throughs is the warning light and focus home sellers minds on things they and their estate agents can do to reduce the chances of that happening.

As regular readers know, this is not a property market where you can just stick a property online at any old price and hope for the best. Realistic pricing, presentation, buyer qualification and sales progression matter more than ever.

The agents who manage the process properly are the ones getting deals over the line.

04/06/2026

🔔 Week 21 shows a UK property market that is still moving, but no longer racing. 22.1k homes sold STC last week. That is below the long term Week 21 average of 25.3k, so there is no point pretending buyers are charging through the market with wild abandon.

They are not.

Yet the wider picture is still positive. Year to date, homes sold STC are 1.7% ahead of the same point in 2024, with 520,764 homes sold STC so far this year.

The bigger story is supply. 31,299 new homes came to the market last week, taking total homes for sale across the UK to 746,898. That is a serious amount of choice for buyers and a serious wake up call for sellers. When buyers have choice, they compare. When they compare, average homes at optimistic prices get ignored.

That is why 13.4% of homes on the market have reduced in price in the last month, while only 14.6% have had a sale agreed.

The good news? Prices are holding up. The average UK home sold STC last week at £369k, with sales agreed averaging £347 per sq ft.

Bottom line? The market is not broken. Buyers are still buying. Sellers are still selling. But the days of sticking a hopeful price on a home and waiting for the phone to melt are long gone. In this market, the best priced homes make the overpriced ones look like free marketing.