New seller asking prices in London rebound, up by 5.2%
Average property coming to market is now priced at £541,313, only £3,000 below October 2013’s all-time high as prices rebound after a festive lull.
The latest Rightmove and property news
Average property coming to market is now priced at £541,313, only £3,000 below October 2013’s all-time high as prices rebound after a festive lull.
Average property coming to market is now priced at £251,964, 6.9% (£16,223) more than a year ago - the highest annual rate for over 6 years.
Rightmove’s director and housing analyst Miles Shipside looks the property ladder and who likely to win and lose as the year unfolds.
All ten of the busiest days ever recorded on Rightmove were in January 2014.
Our infographic provides a breakdown of how prices are performing across each region and property type.
Average asking prices up by 1% (+£2,406), the largest ever January rise in the price of property coming to market.
There has been debate that a reduction in the upper limit is required to reduce buyer demand, especially in the London market.
On Christmas Day there were nearly 14 million page views and over 10,000 people took time out from the festivities to send emails to agents.