Rightmove asking prices up
April 21, 2015
The average UK asking price rose 4.7 per cent year-on-year in April according to Rightmove in a recent report. The annual rate of inflation fell from 5.4 per cent in March but April’s average asking price is the highest on record.
Just under one month until the election and there is a record demand for houses with an under supply causing a record high for asking prices for property coming to market.
Rightmove director and housing market analyst Miles Shipside is reported as saying “The high cost of housing is a big concern for many home-hunters, so the contents of the respective party manifestos and well thought-out sustainable solutions to the lack of affordable housing supply will be high on many voters’ agendas “
You May Also Enjoy
The ‘Rentvesting’ Strategy: Owning a Home Where You Can’t Afford to Live
Oh, the ever-evolving property market. Keeps us wondering: how will I keep my head above water? And this is how a war-like property strategist is born. One of these savvy strategies is called: rentvesting. This is the art of renting where you want to live and buying where it fits your wallet. Getting your foot…
Read More 
Momentum gathers for retail investment as Bank Rate cut again
Demand to invest in retail property was up by 30% in Q3 2025 compared to the same period in 2024 The office market is also continuing to recover, with investment demand up by 31% over the same period, and leasing demand up by 7% Overall demand to invest in commercial property was up by 11%…
Read More 
Surge in first-time buyers’ preference for cheaper homes subsides as market adjusts to April’s stamp duty changes
Proportion of first-time buyers purchasing properties under £300k decreased to 64.3 per cent in September, following a peak of 72.0 per cent in May after changes to stamp duty thresholds Detached and semi-detached homes now make up nearly two-thirds of non-first-time buyer purchases, as ‘second-steppers’ look for long-term security Spending on mortgage and rental payments…
Read More 
UK House Price Index summary: August 2025
The average price of a property in the UK was £273,000 The annual price change for a property in the UK was 3.0% The monthly price change for a property in the UK was 0.8% The monthly index figure (January 2023 = 100) for the UK was 104.6 Colleen Babcock, Rightmove’s property expert, says:…
Read More 
Breaking Property News 22/10/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Why software audits matter for Proptechs In today’s hyper-competitive real estate technology landscape, scaling too quickly, or operating with outdated or inefficient systems can expose firms to risks far beyond lost opportunities. That’s why an increasing number of organisations are turning to a specialised…
Read More 
Demand for project properties soars versus general market
New research from The Property DriveBuy reveals that demand for fixer-upper properties is easily eclipsing overall market demand as homebuyers demonstrate a strong appetite for renovation projects amidst ongoing affordability restrictions due to stubbornly higher mortgage rates and slow but steady house price growth. Across England, there are currently an estimated 601,525 homes listed for…
Read More