New record but lowest February increase in London since 2009
Average asking price in London were 1.2% (£6,000) higher this month at £486,890, another new record for London.
House Price Index
Sprightly start to 2013
Rightmove’s February House Price Index finds that there are signs of continued improvement in the health of the property market.
January House Price Infographic
Our infographic provides a breakdown of how prices are performing across each region and property type.
London prices jump 3.6%
London sellers coming to market this month increased their asking prices by an average of 3.6% to £480,890.
Market thawing
Sellers coming to market this month increased their average asking prices by 0.2% (+£440).
Optimism for 2013 in spite of largest ever monthly fall
New sellers have chopped an average of £7,772 (-3.3%) off asking prices this month.
Only 17% of sellers would invest in a house makeover, even if it meant they would achieve a higher price
Competition among sellers for mortgage-ready or cash buyers looks set to remain fierce in many markets in 2013.
London’s best continue to bubble, but rest come off the boil
New sellers increased their average asking prices by 1.2% (+£5,638) this month.