House price optimism is on the up
More than a third of respondents (35%) expect house prices to be higher one year from now.
More than a third of respondents (35%) expect house prices to be higher one year from now.
Use our infographic to find out what’s happening in your part of the country…
For £6.5 million you would expect to get a whole lot of bricks and mortar for your money… and you’d be right!
House prices in Wales fell -0.8% over the last month despite the national UK average asking price rising by 2.8% over the same period. The average asking price for a property in Wales now stands at ÂŁ165,597.
The Rightmove House Price Index for October 2011 reveals that the average asking price for a property in the UK increased by 2.8% over the past month to leave the average asking price for a UK property now at ÂŁ239,672.
New sellers’ asking prices in August dropped by 2.1% over the past month, a year-on-year fall of 0.3%, to leave the average asking price for a property in the UK at £231,543.
There’s no failsafe method of assessing the absolute value of a property, but there are practical steps you can take to make sure you pay a fair price, says property expert Laura Henderson.
Rightmove’s latest Consumer Confidence Survey finds that nearly half (49%) of current tenants are of the opinion that average rents will be higher 12 months from now, providing more evidence of the continued strength of the rental sector.