Bassetlaw Monthly Market Update — February 2026
February is where the market starts to properly wake up. January brought that fresh-start energy back into play, and now we’re seeing the early signs of spring momentum building, more enquiries, more viewings booked, and more “serious movers” stepping forward.
That doesn’t mean buyers are reckless, they’re still value-driven, but the hesitancy we saw through late autumn is continuing to fade as confidence improves and affordability steadies.
📊 Nicholson’s February Highlights
Here’s what we saw inside Nicholson’s this month:
11 new listings launched
16 sales agreed
115 new buyers registered interest
🔍 The Wider Picture: Bassetlaw
Completed-price data always lags behind real-time market mood, but the latest official stats continue to show
Bassetlaw holding up well:
- The average house price in Bassetlaw was £207,000 (November 2025 provisional), up 6.7% year-on-year.
- Average private rents were £713 (December 2025), up 9.1% year-on-year.
In other words, sales values have remained resilient, and rental demand continues to run strong.
📈 The Spring Build-Up: Demand Returning in a Big Way
This is the time of year when the market’s rhythm shifts.
Rightmove reported a strong post-Christmas bounce, with an early snapshot showing:
- buyer demand up 57% in the two weeks after Christmas vs. the two weeks before
- newly listed homes up 81% over the same period
- …and their busiest Boxing Day ever for visits.
That lines up with what we’re feeling locally, more active buyers, more “can we get in to view?” messages, and a growing appetite for homes that are ready to go.
💷 Rates & Affordability: Still a Tailwind for 2026
A major confidence factor is interest rates. The Bank of England held Bank Rate at 3.75% on 5 February 2026, and markets are watching closely for what comes next.
Rightmove also noted that average two-year fixed mortgage rates were at their lowest since before the September 2022 mini-Budget, helping affordability for many movers.
⚖️ Negotiation & Value: What’s Working Right Now
With momentum returning, February is where the best homes start to pull away. What’s getting strong activity:
- Homes priced right from day one
- Strong first impressions (photos, layout, kerb appeal)
- Clear “who it’s for” messaging (family / commuter / downsizer, etc.)
What’s stalling:
- Over-ambitious pricing
- Tired presentation with no price reflection
- Missing the first 7–14 day launch window when attention is highest
📈 The Takeaway
February 2026 feels like the market is shifting from “watching and waiting” into planning and acting. The spring season is approaching fast, and the sellers who prepare early, pricing, presentation, marketing and a clear route to completion, are the ones who tend to stand out.
🏡 Thinking of Selling in Bassetlaw?
If you’re considering a move this year, now is a great time to get a proper plan in place. From pricing and presentation through to your route to completion.
📞 Contact Nicholson’s Estate Agents for a free, no-obligation valuation and straightforward advice on what your home could achieve in today’s market.