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 £239,672.
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.
A helpful guide to understand what to expect when a lettings agent visits your home to provide a suggested achievable rental income.
Although first-time buyers numbers in Wales remain down on traditional levels, the upturn offers an encouraging sign that things may be improving.
In London the proportion was far higher that the national average with 42% of buyers stating they would be purchasing for the first time, an increase from 38.2% in Q1.
Rightmove’s most recent Consumer Confidence Survey has revealed some encouraging news that prospective first-time buyer levels are now at their highest for 12 months.