Posts by Rightmove
Busiest ever start to the year as home-hunters seek New Year moves
Rightmove has recorded its busiest ever start to a new year, with visits to the site up 30% on the same time period in 2020 Very early signs of activity continuing to grow during the new lockdowns in England and Scotland, with over six million daily visits to the site on Tuesday and Wednesday People…
Read More2021 forecast: 4% price growth as housing priorities outweigh uncertainties
Rightmove forecasts robust 4% national average price growth in 2021 as housing priorities stay high on people’s life agendas, though price rises for newly marketed properties will be at a slower pace than this year 2020’s unanticipated market momentum sees prices finish 6.6% up on 2019 despite a fall of 0.6% this month Busy Q1…
Read MoreSt Ives named happiest place to live in Great Britain
The Cornish coastal town of St Ives has been crowned the happiest place to live in Great Britain, topping Rightmove’s 2020 Happy at Home Index In second place is Skipton in North Yorkshire, and taking third place on the podium is Leamington Spa in Warwickshire Richmond upon Thames has been named the happiest place to…
Read MoreMumbles in Wales is Britain’s top coastal price hotspot
A new study from Rightmove reveals Great Britain’s top coastal price hotspots, with Mumbles in Wales leading the way, followed by Camber in East Sussex and Fowey in Cornwall Average asking prices in Mumbles have risen by 47% since 2015, which is a bigger five-year increase than any other coastal area in Great Britain Sandbanks…
Read MoreRightmove House Price Index: Strong lockdown demand as new sellers price keenly to beat March deadline
• Average price of property coming to market dips by 0.5% (-£1,505) from last month despite continuing strong buyer demand as new sellers join the rush to sell and beat the March stamp duty deadline • Demand and activity compared with October last year are strongest in the price bands and regions where buyers are…
Read MoreEdinburgh sees biggest five year rise in number of million pound streets
The number of million pound streets in the Scottish capital has jumped from just two in 2015 to 22 this year, the biggest five-year increase of anywhere in Great Britain In London, Hackney has seen the biggest rise in million pound streets, whilst at a county level, Warwickshire has seen the biggest five-year growth Outside…
Read MoreEnd of commuting line now hot property as demand by zone reverses
Analysis of commuter lines in London reveals Zone 6 is seeing the biggest increase in the number of buyers, and Zone 1 the smallest, a reversal of the trend we saw a year ago: Zone 6 has moved from having 9% more buyers in September 2019 compared with the previous year, to now being up…
Read MoreRightmove House Price Index: New records set and forecasts rise in extraordinary times
New national record for average price of property coming to market, with a 1.1% (+£3,534) monthly rise Prices now 5.5% (+£16,818) higher than a year ago, the biggest rate of increase for over four years, with Rightmove now forecasting annual growth rate to peak at circa 7% by December Activity levels also hit three new…
Read MoreRecord rents outside London & demand shift creates challenge for smaller flats
Asking rents have hit a record outside London to £964 per month, driven by record demand from renters London is only region where rents are falling, down 6.8% in Inner London, while Outer London is up by 0.8% Two bedroom houses have replaced studio flats as the most in demand property type, as post-lockdown renters…
Read MoreProperty searches surge in smaller communities as country escape continues
Areas with populations of under 11,000 saw the biggest uplift in buyer searches in September, as people look to move to smaller places in the countryside All of the places where searches have doubled are small towns, villages and civil parishes, in contrast to searches being up 53% on average across the ten biggest cities…
Read MoreTrade up gap hits record of £68,000 for buyers needing space
Home movers are having to pay almost £68,000 on average to move from a two bed flat to a three bed house outside London, £4,000 more than this time last year Asking prices of two bed flats have increased by 15% over the past five years, while three bed houses have jumped by 20%, leading…
Read MoreMillion pound home sales outpacing the market
Houses for sale at £1 million and above are finding a buyer 18 days more quickly on average than this time last year, outperforming the nine day drop seen across the whole market The level of million pound homes finding buyers is also beating the wider market, with sales agreed doubling in August (+105%), compared…
Read MoreRightmove House Price Index: Price record for larger homes as buyers compete for space
Price record for larger homes as buyers compete for space Price of property coming to market up 0.2% this month, just £269 below the record set in July: Second-stepper sector of three- or four-bedroom homes hits new record of £291,618, as more buyers seek larger homes Northern regions strongest for price jumps, with…
Read MoreSellers twice as likely to sell if priced right first time
Sellers are twice as likely to find a buyer for their home if they have an offer accepted on the first listed asking price: A study of 300,000 newly-listed homes across four months shows those that needed to be reduced had a one in three chance of finding a buyer (32%) within the timeframe, compared…
Read MoreChessington is in, busy interchanges are out for renters
More renters are looking to move to the Home Counties as office-based working and rail commutes become less frequent, new Rightmove data can reveal Cambridge has seen the biggest annual rise in rental searches outside London, up 76%, while Chessington in Kingston upon Thames, up 99%, is the capital’s new rental hotspot The study, based…
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