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
Housing Insight Report: May 2026
While we have seen a slight dip in prospective buyer registrations, stock levels have edged upwards, giving consumers more choice and helping to create a more balanced sales market. Although tenant demand increased throughout May, available stock fell slightly, leaving an average of eight applicants competing for every available property. Residential sales The average number…
Read More 
Breaking Property News 28/7/26
Daily bite-sized proptech and property news in partnership with Proptech-X. The UK rental market just changed hands. The tenant sets the terms now Lettings operators now realise that their ‘new’ tech savvy tenants, expect an instant 24/7 level of service as standard Thought Leadership by Adam Pigott CEO of tlyfe and OpenBrix | Consumer-Centric Property Platform ‘Tenants weren’t the ones deciding that…
Read More 
No-deposit mortgages could cost first-time buyers
No-deposit mortgage could cost London first-time buyers £73,000 more in interest over first five years The latest research by London lettings and estate agent, Benham and Reeves, has revealed that whilst the emergence of no-deposit mortgages provides a welcome route onto the property ladder for buyers struggling to save, the cost of doing so is…
Read More 
Beach hut values fall for second consecutive year
The latest research from Yopa has found that beach hut prices have fallen for the second consecutive year across the UK’s most sought-after coastal locations, as the extraordinary growth seen in the years immediately following the pandemic continues to unwind. Yopa analysed the average asking price of beach huts across eight of the UK’s most…
Read More 
Burnham’s property and land tax: what would it mean for property owners?
With reports suggesting that property and land taxes could be on the cards under Burnham, Simon Gerrard, Chairman of Martyn Gerrard Estate Agents, comments on what these proposals could mean for homeowners, particularly those in London who are likely to bear the brunt of any changes, given the capital’s significantly higher property values. On uncertainty:…
Read More 
Homebuyers can save up to 47% by looking next door to the UK’s priciest postcodes
New research reveals how much less buyers could pay in postcodes neighbouring the UK’s most expensive locations Homes in these neighbouring areas are 28% cheaper on average, with the biggest gap reaching 47% in the North East Significant savings also seen in London, Scotland, Wales and Northern Ireland Homebuyers could save up to 47%…
Read More