The Rightmove House Price Index for October 2011 reveals that the average asking price for a property in the UK increased by 2.8% over the past month to leave the average asking price for a UK property now at £239,672.
Rightmove’s House Price Index for October 2011 today reveals that average asking prices in the South are now more than double those in the North.
The Rightmove House Price Index for October 2011 was released this morning and here’s how the national newspapers have reported it today…
In Wales average asking prices dropped by -2.8%, the UK’s biggest regional fall. The drop in asking prices could improve affordability for Welsh home-movers looking to move during the autumn property market.
New sellers have raised their asking prices by an average of 7.2% over the past year, a clear sign of the strength of the market in the capital.
September's House Price Index found that this month’s new sellers made up some of the holiday quarter’s lost ground by upping their average asking price by 0.7% (£1,596).
New London sellers coming to market in August reduced their asking prices by an average of 3.4%. This leaves prices over £20,000 (4.7%) down from the record high that was seen as recently as two months ago.
New sellers’ asking prices in August dropped by 2.1% over the past month, a year-on-year fall of 0.3%, to leave the average asking price for a property in the UK at £231,543.