The rise, which is generally expected as new year sellers test the market, follows two months of falling prices
However, it is still down by 36% compared to last year's busiest-ever start to a year as the market navigates a more normal level of activity.
Meanwhile, on 5 January, the number of people requesting an estate agent to value their home was the third largest on Rightmove's records.Matthew Thompson, head of sales at Chestertons, said 2023 kicked off with a high demand"from buyers who no longer want to delay their search and want to benefit from a slightly better choice of mortgage products".
He added:"This month so far, our branches noticed a 25% increase in viewings compared to January last year. Whilst buyer demand is strong, the number of market appraisals remains comparably low as some sellers are still observing how the market might be developing in the first quarter of this year.
Mr Bannister said:"We expect that the full effect of affordability constraints and last year's mortgage rate rises will hold back some segments of the market in the first half of the year, but our leading market indicators may start to identify some green shoots of growth that will go on to strengthen in the second half of 2023."
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