New record asking price with resilient activity despite stamp duty increase
- The average price of property coming to market for sale rises by 1.4% (+£5,312) this month to a new record of £377,182. This is a larger-than-usual April price increase, despite a decade-high number of homes for sale for the time of year
- A snapshot of the post-stamp-duty-increase market suggests movers are carrying on and have adjusted to the tax rise:
- The level of agreed sales falling through remains steady, with most buyers who missed the deadline still proceeding
- The queue of buyers completing home moves has eased by nearly 24,000, as many successfully beat the deadline
- Mover activity remains resilient with new buyer demand up by 5% versus last year and the number of new sellers coming to market up by 4%. However, some segments and sectors of the market are performing more strongly than others:
- All Midlands and Northern regions are at new price records this month, while the South East & South West lag behind
- London has also hit a new price record, but this may be short-lived as it is more subject to global uncertainties
- The resilience of the British property market will be further tested by the impacts of President Trump’s tariffs on the UK economy over the coming weeks and months:
- Potential boost to buyer affordability if Bank of England moves to reduce the Bank Rate more quickly starting in May
+1.4% monthly average asking price increase, larger than is normal for April
Prices are 1.3% ahead of last year
New buyer demand is 5% ahead of the same period a year ago
National average asking price
Apr 2025
£377,182
Mar 2025
£371,870
MoM change
+1.4%
National average asking price by market sector (excluding inner London)
First time buyers
£228,551
MoM change
+0.3%
Second-steppers
£346,703
MoM change
+0.8%
Top of the ladder
£693,048
MoM change
+3.0%
“We’ve seen our first price record in nearly a year, despite the number of homes for sale being at a decade-high. The increased choice seems to be bringing more movers into the market, with both buyer and seller numbers up as the market remains resilient. Confidence from new sellers is a good sign for the overall health of the market, but they do need to be careful when setting their asking price. The high level of supply in the market right now means that buyers are likely to have plenty of homes in their area to choose from, and an overpriced home will stick out for the wrong reasons. Our research also shows that getting the price right the first time is key. Homes that don’t need a reduction in price are more likely to find a buyer, and to find that buyer in less than half the time.
“It’s important to remember that among records and national trends, Great Britain’s housing market is made up of thousands of diverse local markets, each uniquely responding to market changes and world events. London, for example, is likely to see greater knock-on effects from US tariffs than the rest of Great Britain, while Northern regions appear to be performing more strongly post-stamp duty rise. It’s difficult to predict what the next few months will bring, but if mortgage rates reduce more quickly, it would be a helpful boost to buyer affordability.”
Colleen Babcock, property expert at Rightmove
Average asking price trends
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| Date | Average Asking Price |
|---|---|
| April 2025 | £377,182 |
| March 2025 | £371,870 |
| February 2025 | £367,994 |
| January 2025 | £366,189 |
| December 2024 | £360,197 |
| November 2024 | £366,592 |
| October 2024 | £371,958 |
| September 2024 | £370,759 |
| August 2024 | £367,785 |
| July 2024 | £373,493 |
| June 2024 | £375,110 |
| May 2024 | £375,131 |
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| Date | Average Asking Price |
|---|---|
| April 2025 | £377,182 |
| March 2025 | £371,870 |
| February 2025 | £367,994 |
| January 2025 | £366,189 |
| December 2024 | £360,197 |
| November 2024 | £366,592 |
| October 2024 | £371,958 |
| September 2024 | £370,759 |
| August 2024 | £367,785 |
| July 2024 | £373,493 |
| June 2024 | £375,110 |
| May 2024 | £375,131 |
| April 2024 | £372,324 |
| March 2024 | £368,118 |
| February 2024 | £362,839 |
| January 2024 | £359,748 |
| December 2023 | £355,177 |
| November 2023 | £362,143 |
| October 2023 | £368,231 |
| September 2023 | £366,281 |
| August 2023 | £364,895 |
| July 2023 | £371,907 |
| June 2023 | £372,812 |
| May 2023 | £372,894 |
| April 2023 | £366,247 |
| March 2023 | £365,357 |
| February 2023 | £362,452 |
| January 2023 | £362,438 |
| December 2022 | £359,137 |
| November 2022 | £366,999 |
| October 2022 | £371,158 |
| September 2022 | £367,760 |
| August 2022 | £365,173 |
| July 2022 | £369,968 |
| June 2022 | £368,614 |
| May 2022 | £367,501 |
| April 2022 | £360,101 |
| March 2022 | £354,564 |
| February 2022 | £348,804 |
| January 2022 | £341,019 |
| December 2021 | £340,167 |
| November 2021 | £342,401 |
| October 2021 | £344,445 |
| September 2021 | £338,462 |
| August 2021 | £337,371 |
| July 2021 | £338,447 |
| June 2021 | £336,073 |
| May 2021 | £333,564 |
| April 2021 | £327,797 |
| March 2021 | £321,064 |
| February 2021 | £318,580 |
| January 2021 | £317,058 |
| December 2020 | £319,945 |
| November 2020 | £322,025 |
| October 2020 | £323,530 |
| September 2020 | £319,996 |
| August 2020 | £319,497 |
| July 2020 | £320,265 |
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| Date | Percentage change |
|---|---|
| April 2025 | 1.40% |
| March 2025 | 1.10% |
| February 2025 | 0.50% |
| January 2025 | 1.70% |
| December 2024 | -1.70% |
| November 2024 | -1.40% |
| October 2024 | 0.30% |
| September 2024 | 0.80% |
| August 2024 | -1.50% |
| July 2024 | -0.40% |
| June 2024 | 0.00% |
| May 2024 | 0.80% |
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| Date | Average stock per agent |
|---|---|
| April 2025 | 60 |
| March 2025 | 59 |
| February 2025 | 57 |
| January 2025 | 56 |
| December 2024 | 56 |
| November 2024 | 61 |
| October 2024 | 63 |
| September 2024 | 63 |
| August 2024 | 62 |
| July 2024 | 62 |
| June 2024 | 61 |
| May 2024 | 59 |
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| Date | Days to secure buyer |
|---|---|
| April 2025 | 59 |
| March 2025 | 64 |
| February 2025 | 68 |
| January 2025 | 77 |
| December 2024 | 72 |
| November 2024 | 65 |
| October 2024 | 62 |
| September 2024 | 61 |
| August 2024 | 60 |
| July 2024 | 59 |
| June 2024 | 59 |
| May 2024 | 60 |
Regional map
Hover over a GB region to see the results
East Midlands
Average price
£292,069
MoM change
+1.9%
+1.9%
YoY change
+1.8%
+1.8%
Average
days to find a buyer 71
days to find a buyer 71
East of England
Average price
£424,962
MoM change
+1.2%
+1.2%
YoY change
+1.2%
+1.2%
Average
days to find a buyer 66
days to find a buyer 66
London
Average price
£699,200
MoM change
+0.5%
+0.5%
YoY change
+0.4%
+0.4%
Average
days to find a buyer 65
days to find a buyer 65
North East
Average price
£194,213
MoM change
+0.3%
+0.3%
YoY change
+2.2%
+2.2%
Average
days to find a buyer 55
days to find a buyer 55
North West
Average price
£266,408
MoM change
+1.0%
+1.0%
YoY change
+2.6%
+2.6%
Average
days to find a buyer 62
days to find a buyer 62
Scotland
Average price
£200,593
MoM change
+1.5%
+1.5%
YoY change
+2.6%
+2.6%
Average
days to find a buyer 37
days to find a buyer 37
South East
Average price
£492,716
MoM change
+2.2%
+2.2%
YoY change
+1.1%
+1.1%
Average
days to find a buyer 66
days to find a buyer 66
South West
Average price
£394,342
MoM change
+3.1%
+3.1%
YoY change
+0.2%
+0.2%
Average
days to find a buyer 70
days to find a buyer 70
Wales
Average price
£268,816
MoM change
+2.3%
+2.3%
YoY change
+2.2%
+2.2%
Average
days to find a buyer 75
days to find a buyer 75
West Midlands
Average price
£295,573
MoM change
+1.5%
+1.5%
YoY change
+1.2%
+1.2%
Average
days to find a buyer 64
days to find a buyer 64
Yorkshire and The Humber
Average price
£256,121
MoM change
+1.3%
+1.3%
YoY change
+1.7%
+1.7%
Average
days to find a buyer 67
days to find a buyer 67
| Date | Region | Avg price | MoM change | YoY change | Avg time on market |
|---|---|---|---|---|---|
| April 2025 | Yorkshire and The Humber | £256,121 | 1.30% | 1.74% | 67 days |
| April 2025 | West Midlands | £295,573 | 1.50% | 1.20% | 64 days |
| April 2025 | Wales | £268,816 | 2.30% | 2.16% | 75 days |
| April 2025 | South West | £394,342 | 3.10% | 0.22% | 70 days |
| April 2025 | South East | £492,716 | 2.20% | 1.10% | 66 days |
| April 2025 | Scotland | £200,593 | 1.50% | 2.61% | 37 days |
| April 2025 | North West | £266,408 | 1.00% | 2.60% | 62 days |
| April 2025 | North East | £194,213 | 0.30% | 2.19% | 55 days |
| April 2025 | London | £699,200 | 0.50% | 0.44% | 65 days |
| April 2025 | East of England | £424,962 | 1.20% | 1.20% | 66 days |
| April 2025 | East Midlands | £292,069 | 1.90% | 1.76% | 71 days |
| March 2025 | Yorkshire and The Humber | £252,957 | 0.50% | 2.40% | 74 days |
| March 2025 | West Midlands | £291,171 | 0.80% | 0.80% | 69 days |
| March 2025 | Wales | £262,795 | 2.90% | 2.50% | 80 days |
| March 2025 | South West | £382,637 | 1.50% | -0.30% | 75 days |
| March 2025 | South East | £481,890 | 1.70% | 0.60% | 70 days |
| March 2025 | Scotland | £197,643 | 3.80% | 4.00% | 42 days |
| March 2025 | North West | £263,855 | 1.50% | 2.60% | 67 days |
| March 2025 | North East | £193,662 | 1.90% | 3.20% | 59 days |
| March 2025 | London | £695,885 | 1.00% | 1.30% | 69 days |
| March 2025 | East of England | £420,120 | 1.40% | 1.20% | 69 days |
| March 2025 | East Midlands | £286,548 | 0.40% | -0.20% | 75 days |
| February 2025 | Yorkshire and The Humber | £251,583 | 2.40% | 3.30% | 80 days |
| February 2025 | West Midlands | £288,911 | 0.30% | 1.80% | 78 days |
| February 2025 | Wales | £255,316 | -2.70% | -0.20% | 88 days |
| February 2025 | South West | £377,030 | 1.60% | 0.60% | 78 days |
| February 2025 | South East | £474,017 | 0.90% | 0.50% | 77 days |
| February 2025 | Scotland | £190,425 | 3.50% | 0.70% | 52 days |
| February 2025 | North West | £259,864 | 0.30% | 1.80% | 77 days |
| February 2025 | North East | £190,124 | -0.30% | 3.10% | 69 days |
| February 2025 | London | £688,885 | 2.30% | 0.90% | 76 days |
| February 2025 | East of England | £414,254 | 0.10% | 1.30% | 77 days |
| February 2025 | East Midlands | £285,392 | 1.50% | 2.10% | 84 days |
| January 2025 | Yorkshire and The Humber | £245,637 | 0.90% | 3.80% | 71 days |
| January 2025 | West Midlands | £288,096 | 1.50% | 1.80% | 71 days |
| January 2025 | Wales | £262,280 | 1.50% | 3.30% | 82 days |
| January 2025 | South West | £371,101 | -0.60% | -0.20% | 77 days |
| January 2025 | South East | £469,779 | 0.60% | 0.70% | 75 days |
| January 2025 | Scotland | £184,046 | -0.80% | 3.10% | 44 days |
| January 2025 | North West | £259,007 | 0.30% | 2.90% | 67 days |
| January 2025 | North East | £190,704 | 2.50% | 6.20% | 62 days |
| January 2025 | London | £673,483 | 1.80% | 1.30% | 76 days |
| January 2025 | East of England | £413,791 | 1.60% | 1.80% | 76 days |
| January 2025 | East Midlands | £281,141 | 0.40% | 0.70% | 79 days |
| September 2024 | Yorkshire and The Humber | £253,513 | 0.30% | 2.90% | 61 days |
| September 2024 | West Midlands | £293,796 | 1.10% | 2.20% | 60 days |
| September 2024 | Wales | £265,218 | 0.90% | 2.00% | 66 days |
| September 2024 | South West | £387,389 | 1.00% | -0.80% | 64 days |
| September 2024 | South East | £483,214 | 0.60% | 0.20% | 63 days |
| September 2024 | Scotland | £194,180 | 1.10% | 2.10% | 33 days |
| September 2024 | North West | £261,882 | 0.10% | 3.10% | 58 days |
| September 2024 | North East | £193,706 | 0.50% | 5.00% | 52 days |
| September 2024 | London | £682,375 | 0.70% | 1.40% | 63 days |
| September 2024 | East of England | £418,110 | 0.00% | -0.30% | 65 days |
| September 2024 | East Midlands | £288,985 | 0.20% | 1.90% | 67 days |
London trends
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| Date | Days to secure buyer |
|---|---|
| April 2025 | 60 |
| March 2025 | 65 |
| February 2025 | 69 |
| January 2025 | 76 |
| December 2024 | 76 |
| November 2024 | 67 |
| October 2024 | 63 |
| September 2024 | 62 |
| August 2024 | 63 |
| July 2024 | 61 |
| June 2024 | 59 |
| May 2024 | 60 |
Affordability trends
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| Date | Avg. rent | Avg. mortgage payment (10% deposit) |
|---|---|---|
| April 2025 | £1,305 | £1,166 |
| March 2025 | £1,302 | £1,165 |
| February 2025 | £1,297 | £1,162 |
| January 2025 | £1,297 | £1,171 |
| December 2024 | £1,293 | £1,164 |
| November 2024 | £1,293 | £1,160 |
| October 2024 | £1,305 | £1,146 |
| September 2024 | £1,313 | £1,154 |
| August 2024 | £1,307 | £1,172 |
| July 2024 | £1,297 | £1,192 |
| June 2024 | £1,286 | £1,202 |
| May 2024 | £1,282 | £1,201 |
| April 2024 | £1,277 | £1,175 |
| March 2024 | £1,270 | £1,170 |
| February 2024 | £1,265 | £1,146 |
| January 2024 | £1,264 | £1,147 |
| December 2023 | £1,257 | £1,165 |
| November 2023 | £1,258 | £1,205 |
| October 2023 | £1,269 | £1,228 |
| September 2023 | £1,268 | £1,258 |
| August 2023 | £1,257 | £1,281 |
| July 2023 | £1,239 | £1,295 |
| June 2023 | £1,225 | £1,218 |
| May 2023 | £1,210 | £1,140 |
| April 2023 | £1,199 | £1,121 |
| March 2023 | £1,191 | £1,130 |
| February 2023 | £1,178 | £1,138 |
| January 2023 | £1,168 | £1,168 |
| December 2022 | £1,160 | £1,205 |
| November 2022 | £1,155 | £1,265 |
| October 2022 | £1,150 | £1,294 |
| September 2022 | £1,139 | £1,090 |
| August 2022 | £1,118 | £1,049 |
| July 2022 | £1,102 | £1,023 |
| June 2022 | £1,091 | £980 |
| May 2022 | £1,082 | £942 |
| April 2022 | £1,073 | £910 |
| March 2022 | £1,065 | £884 |
| February 2022 | £1,050 | £851 |
| January 2022 | £1,042 | £840 |
| December 2021 | £1,035 | £828 |
| November 2021 | £1,028 | £831 |
| October 2021 | £1,023 | £823 |
| September 2021 | £1,009 | £824 |
| August 2021 | £991 | £832 |
| July 2021 | £978 | £838 |
| June 2021 | £968 | £841 |
| May 2021 | £949 | £848 |
| April 2021 | £939 | £835 |
| March 2021 | £933 | £819 |
| February 2021 | £929 | £818 |
| January 2021 | £927 | £819 |
| December 2020 | £925 | £818 |
| November 2020 | £926 | £821 |
| October 2020 | £937 | £819 |
| September 2020 | £937 | £798 |
| August 2020 | £932 | £790 |
| July 2020 | £926 | £776 |
| June 2020 | £927 | £750 |
| May 2020 | £934 | £749 |
| April 2020 | £938 | £756 |
| March 2020 | £939 | £763 |
| February 2020 | £938 | £756 |
| January 2020 | £937 | £755 |
| December 2019 | £934 | £744 |
| November 2019 | £931 | £748 |
| October 2019 | £930 | £750 |
| September 2019 | £926 | £759 |
| August 2019 | £919 | £758 |
| July 2019 | £915 | £762 |
| June 2019 | £910 | £763 |
| May 2019 | £907 | £763 |
| April 2019 | £907 | £758 |
| March 2019 | £904 | £755 |
| February 2019 | £903 | £757 |
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| Date | Avg asking price (FTB) | 4.5x salary (1 person) | 4.5x salary (2 people) |
|---|---|---|---|
| April 2025 | £228,551 | £168,425 | £336,849 |
| March 2025 | £227,965 | £169,652 | £339,305 |
| February 2025 | £226,887 | £167,992 | £335,984 |
| January 2025 | £227,212 | £166,476 | £332,952 |
| December 2024 | £225,086 | £166,880 | £333,761 |
| November 2024 | £225,340 | £165,457 | £330,915 |
| October 2024 | £226,868 | £165,033 | £330,065 |
| September 2024 | £227,570 | £164,652 | £329,305 |
| August 2024 | £227,191 | £163,018 | £326,035 |
| July 2024 | £227,924 | £162,254 | £324,508 |
| June 2024 | £227,757 | £161,842 | £323,685 |
| May 2024 | £228,003 | £161,684 | £323,368 |
| April 2024 | £227,110 | £161,038 | £322,076 |
| March 2024 | £226,370 | £160,160 | £320,319 |
| February 2024 | £224,815 | £159,024 | £318,047 |
| January 2024 | £222,473 | £158,099 | £316,198 |
| December 2023 | £219,984 | £157,185 | £314,371 |
| November 2023 | £223,426 | £156,724 | £313,448 |
| October 2023 | £224,263 | £155,616 | £311,233 |
| September 2023 | £225,244 | £156,668 | £313,336 |
| August 2023 | £223,614 | £155,514 | £311,029 |
| July 2023 | £225,552 | £155,494 | £310,988 |
| June 2023 | £226,412 | £156,702 | £313,403 |
| May 2023 | £226,399 | £153,314 | £306,628 |
| April 2023 | £224,963 | £152,568 | £305,137 |
| March 2023 | £224,453 | £150,734 | £301,469 |
| February 2023 | £223,249 | £150,552 | £301,103 |
| January 2023 | £222,582 | £149,581 | £299,161 |
| December 2022 | £221,695 | £148,657 | £297,314 |
| November 2022 | £223,770 | £148,133 | £296,267 |
| October 2022 | £224,713 | £146,896 | £293,791 |
| September 2022 | £224,479 | £144,846 | £289,692 |
| August 2022 | £224,091 | £145,036 | £290,073 |
| July 2022 | £224,943 | £143,778 | £287,555 |
| June 2022 | £224,251 | £143,579 | £287,158 |
| May 2022 | £223,117 | £141,985 | £283,969 |
| April 2022 | £220,466 | £141,700 | £283,399 |
| March 2022 | £218,201 | £142,319 | £284,638 |
| February 2022 | £215,334 | £141,044 | £282,088 |
| January 2022 | £214,176 | £140,808 | £281,616 |
| December 2021 | £211,163 | £141,743 | £283,486 |
| November 2021 | £211,364 | £138,064 | £276,127 |
| October 2021 | £210,672 | £137,933 | £275,866 |
| September 2021 | £209,056 | £136,785 | £273,570 |
| August 2021 | £208,714 | £136,598 | £273,195 |
| July 2021 | £207,386 | £135,813 | £271,626 |
| June 2021 | £205,540 | £135,127 | £270,254 |
| May 2021 | £205,925 | £136,091 | £272,181 |
| April 2021 | £203,564 | £134,773 | £269,546 |
| March 2021 | £201,296 | £129,007 | £258,013 |
| February 2021 | £200,692 | £133,029 | £266,059 |
| January 2021 | £200,578 | £133,431 | £266,862 |
| December 2020 | £201,037 | £133,440 | £266,880 |
| November 2020 | £201,220 | £133,023 | £266,046 |
| October 2020 | £201,628 | £131,805 | £263,611 |
| September 2020 | £200,324 | £130,568 | £261,136 |
| August 2020 | £201,196 | £129,094 | £258,188 |
| July 2020 | £199,340 | £126,592 | £253,183 |
| June 2020 | £205,991 | £124,379 | £248,757 |
| May 2020 | £210,569 | £124,468 | £248,935 |
| April 2020 | £195,410 | £123,869 | £247,739 |
| March 2020 | £195,463 | £123,784 | £247,567 |
| February 2020 | £193,768 | £127,958 | £255,915 |
| January 2020 | £193,103 | £127,849 | £255,697 |
| December 2019 | £190,009 | £126,738 | £253,477 |
| November 2019 | £191,001 | £126,999 | £253,999 |
| October 2019 | £190,740 | £127,064 | £254,129 |
| September 2019 | £192,221 | £127,284 | £254,568 |
| August 2019 | £191,009 | £126,511 | £253,022 |
| July 2019 | £191,368 | £126,745 | £253,490 |
| June 2019 | £191,364 | £126,258 | £252,516 |
| May 2019 | £191,067 | £125,728 | £251,456 |
| April 2019 | £190,920 | £125,047 | £250,095 |
| March 2019 | £189,606 | £122,886 | £245,773 |
| February 2019 | £189,347 | £124,419 | £248,837 |
| January 2019 | £190,086 | £123,996 | £247,993 |
| December 2018 | £188,381 | £123,561 | £247,121 |
| November 2018 | £188,571 | £123,028 | £246,057 |
| October 2018 | £190,587 | £124,073 | £248,146 |
| September 2018 | £190,842 | £122,430 | £244,861 |
| August 2018 | £189,451 | £122,373 | £244,746 |
| July 2018 | £191,272 | £121,833 | £243,666 |
| June 2018 | £191,541 | £121,428 | £242,857 |
| May 2018 | £190,585 | £120,787 | £241,574 |
| April 2018 | £190,643 | £120,600 | £241,200 |
| March 2018 | £189,840 | £120,117 | £240,234 |
| February 2018 | £187,896 | £120,013 | £240,025 |
| January 2018 | £188,024 | £119,456 | £238,913 |
| December 2017 | £185,926 | £119,753 | £239,506 |
| November 2017 | £188,057 | £119,274 | £238,548 |
| October 2017 | £188,622 | £119,030 | £238,060 |
| September 2017 | £188,012 | £119,070 | £238,139 |
| August 2017 | £186,880 | £118,529 | £237,059 |
| July 2017 | £188,420 | £117,928 | £235,857 |
| June 2017 | £188,928 | £118,885 | £237,770 |
| May 2017 | £187,819 | £117,776 | £235,551 |
| April 2017 | £186,493 | £117,485 | £234,969 |
| March 2017 | £185,758 | £117,320 | £234,640 |
| February 2017 | £184,388 | £116,825 | £233,650 |
| January 2017 | £184,602 | £116,381 | £232,763 |
| December 2016 | £182,303 | £116,061 | £232,122 |
| November 2016 | £183,160 | £116,598 | £233,196 |
| October 2016 | £183,073 | £116,262 | £232,523 |
| September 2016 | £181,792 | £115,783 | £231,565 |
| August 2016 | £181,199 | £115,706 | £231,412 |
| July 2016 | £181,367 | £116,027 | £232,055 |
| June 2016 | £180,866 | £115,379 | £230,758 |
| May 2016 | £181,309 | £115,390 | £230,780 |
| April 2016 | £180,665 | £115,900 | £231,800 |
| March 2016 | £177,202 | £114,625 | £229,251 |
| February 2016 | £177,294 | £113,676 | £227,352 |
| January 2016 | £175,450 | £114,427 | £228,855 |
| December 2015 | £173,994 | £113,930 | £227,860 |
| November 2015 | £172,869 | £113,352 | £226,704 |
| October 2015 | £173,436 | £113,146 | £226,291 |
| September 2015 | £170,879 | £112,954 | £225,908 |
| August 2015 | £170,647 | £113,329 | £226,658 |
| July 2015 | £169,215 | £113,231 | £226,463 |
| June 2015 | £168,843 | £112,492 | £224,985 |
| May 2015 | £167,053 | £112,723 | £225,446 |
| April 2015 | £166,750 | £112,615 | £225,230 |