Rightmove Price Index - What It Means For Sussex Sellers this April
A steady spring market brings renewed confidence, with stable prices, resilient demand and real opportunities for Sussex buyers and sellers alike.
As we move through spring, the latest market data from Rightmove paints a picture of a property market that’s holding up far better than many expected, even with ongoing economic uncertainty.
Here’s what it means for buyers, sellers and landlords across Brighton, Lewes and Shoreham.
Prices edging up, but more measured
The average asking price across the UK rose by 0.8% in April, bringing it to £373,971. While this is a smaller-than-usual seasonal increase, it reflects a market that’s steady.
For sellers, this is a healthy sign. Pricing remains crucial, especially with the number of homes for sale at an eleven-year high, but well-positioned properties are still attracting strong interest.
A market that’s proving resilient
Despite mortgage rates rising, activity levels are holding up well:
- Buyer demand is currently 7% below this time last year, but in line with trends seen throughout 2026
- The number of sales agreed is only 3% lower year-on-year, showing that committed buyers are still moving forward
- New listings are just 1% down on last year, and notably 13% higher than in 2024
In short, while there’s more choice for buyers, the market is far from slowing down.
Mortgage rates and affordability
Rightmove’s daily mortgage tracker shows that the average two-year fixed rate has risen to 5.42%, from 4.25% before the start of the war, adding a monthly average of around £235 to a typical new mortgage
However, there are positives here too. Average earnings have increased by 3.9% year-on-year, which is helping to offset affordability challenges. In addition, changes to lending criteria mean many buyers are now able to borrow slightly more than before.
Encouragingly, demand from first-time buyers is holding up relatively well, down just 6%, suggesting many are still keen to get onto the ladder despite higher rates.
What we’re seeing locally
Across Sussex, the story is very much one of steady confidence:
- Brighton continues to attract buyers looking for lifestyle and connectivity
- Lewes remains popular with families seeking character and community
- Shoreham-by-Sea offers strong value, particularly for coastal movers
With more properties on the market, buyers are taking a little more time and being more selective. That said, homes that are priced realistically and presented well are still achieving good levels of interest.
For landlords
The lettings market remains robust, with demand continuing to outstrip supply in many areas. This is helping to support rental values and minimise void periods.
While higher mortgage rates may affect some landlords’ costs, strong tenant demand is helping to balance the picture.
Looking ahead
While global events have created some headwinds, the overall direction of travel remains positive. This is a more balanced market, not a boom, but one where motivated buyers and sellers can move with confidence.
If you’ve been waiting for the “right time”, this spring could offer a real window of opportunity.
Thinking of making a move?
Whether you’re considering selling, letting, or simply want to understand where you stand in the current market, we’re always here for a straightforward, no-pressure conversation.
Get in touch with our team for tailored advice.
