April 2015

[hpi-table this_month=”Apr” this_months_change=”+1.6″ this_month_yearly_change=”+4.7″ this_month_ave_price=”286,133″ last_month=”Mar” last_months_change=”+1.0″ last_month_yearly_change=”+5.4″ last_month_ave_price=”281,752″]

With Rightmove reporting the highest ever asking price of £286,133, policies to ensure more homes are made available will be key as housing becomes an important election topic

The property shortage experienced in many parts of the country has been exacerbated by a 2015 slump in the number of properties being put up for sale and by increased demand, with record spring search activity on Rightmove:

Number of new sellers down 4% so far in 2015 compared to 2014

March busiest ever month on Rightmove, up almost 20% year-on-year to 115 million

The political challenge is most extreme in the south of the country, with the price of property coming to market up by an average of nearly £85,000 (+27.5%) since the last election in May 2010