Posts Tagged ‘rightmove’
Property 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 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…
Read MoreTen-year high for homes selling in a week as stamp duty holiday speeds up market
The number of homes selling within a week of coming to market is up 125% compared to the same period last year, and is the highest number recorded over the past ten years One in seven homes sold by agents since the stamp duty holiday was announced on 8th July sold within a week, compared…
Read MoreStamp duty holiday sparks home-moving frenzy in southern commuter belt
South East commuter towns have seen the biggest annual jump in seller numbers since the start of the stamp duty holiday, with newly marketed property doubling in some areas Harlow in Essex has seen new listings surge 121% compared to the same six-week period in 2019, followed by Hertford in Hertfordshire (up 113%), and Wickford…
Read MoreVillage enquiries double as city dwellers escape to the country
City residents contacting estate agents to buy a home in a village rose by 126% in June & July compared to the same period last year, outperforming a 68% uplift from people in cities enquiring to towns The shift in more buyers looking to move outside cities began in April and is continuing, with the…
Read More£22,000 premium for homes with south-facing gardens
Homes listed as having a south-facing garden are priced at £22,695 higher on average than homes without, a 7% national asking price premium1 Yorkshire & the Humber has the highest asking price premium of 14%. It’s also where homes with south-facing gardens sell faster compared to those without, a difference of eight days. Nationally, homes…
Read MoreHouse Price Index – Unexpected mini-boom pushes prices to record high
Britain gets moving – unexpected mini-boom pushes prices to record high Average asking price of property coming to market in Britain hits a record this month, 2.4% (+£7,640) higher than in March pre-lockdown, and the 3.7% annual rate of increase is the highest since December 2016 Mini-boom gathers momentum as all nations reopen and…
Read MoreBoost for southern commuter belt as demand jumps 49% for £400k-£500k homes
Since the stamp duty holiday announcement there has been a 49% surge in enquiries to agents for homes priced between £400,000-£500,000, compared to an overall uplift of 14% The tax saving of £15,000 has also increased demand for properties priced £500,001-£750,000, with enquiries up 40% Sales agreed in the week following the announcement saw the…
Read MoreStamp duty changes – Rightmove reaction and latest figures
There are over 510,000 properties that are under £500,000 on Rightmove in total, making up 81% of all properties for sale in England Over 291,000 properties under £500,000 are currently available for sale on Rightmove, making up 78% of all properties available for sale in England (i.e. they have not yet found a buyer) People…
Read MoreNorthern towns bounce back better with surge in buyer demand – Rightmove
The top ten places with the biggest increase in buyer demand over the past two weeks compared to March are dominated by towns in the North West and Yorkshire and the Humber Picturesque and rural Hereford in the West Midlands is top of the list, and the seaside town of Hastings is the only place…
Read MoreHouse Price Index – Prices up as activity bounces back but 175,000 sellers missing from the market
Average asking price of property coming to market in England up by an average of 1.9% (+£6,266), compared to March before the housing market was put on hold Over 175,000 missing sellers that couldn’t come to market from 24th March to 12th May, but they’ve sprung into action with record number of owners asking for…
Read MoreRelease of pent-up demand leads to busiest ever day as more home-movers enter market
Rightmove records busiest ever day on Wednesday 27th May, surpassing six million visits for the first time and up 18% on the same Wednesday in May last year Search is turning into action with record levels of people phoning and emailing estate agents through Rightmove, also up 18% on the same day last year Over…
Read More