Rightmove’s House Price Index for July found that the average asking price for a property in Wales increased by 0.9% over the past month, bucking the national trend as overall UK prices saw their first fall in 2011.
New London sellers coming to market in July set their asking prices on average 1.4% lower than those in June.
Rightmove’s House Price Index for July found that the average asking price for a property in the UK dropped by 1.6% over the past month, the first fall in 2011.
New sellers in Wales dropped their asking prices by an average of -1% in June to leave the average asking price for a property in Wales at £168,850. This was in contrast the overall national picture in the UK which saw average asking prices increase by 0.6% in the month.
Rightmove’s London House Price Index for June finds that the strength of the market in the capital continues, leading to a new record high average asking price.
June saw Rightmove record the sixth consecutive monthly rise in new sellers’ average asking prices, up by 0.6%.
While nationally new sellers average asking prices increased by just 0.3% (£711), they were again outperformed by the confidence of the capital’s sellers who pushed theirs up by 1.1% (£4,470).