Rightmove recently introduced a sellers advice page giving sellers the opportunity to share their selling stories and tips with each other. Since its launch a month ago, 170,000 current and potential sellers have flocked to the sellers advice page.
New London sellers coming to market in August reduced their asking prices by an average of 3.4%. This leaves prices over £20,000 (4.7%) down from the record high that was seen as recently as two months ago.
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.
Rightmove’s House Price Index for July found that the average asking price for a property in Wales increased by 0.9% over the past month, bucking the national trend as overall UK prices saw their first fall in 2011.
New London sellers coming to market in July set their asking prices on average 1.4% lower than those in June.
Rightmove’s House Price Index for July found that the average asking price for a property in the UK dropped by 1.6% over the past month, the first fall in 2011.
New sellers in Wales dropped their asking prices by an average of -1% in June to leave the average asking price for a property in Wales at £168,850. This was in contrast the overall national picture in the UK which saw average asking prices increase by 0.6% in the month.
Rightmove’s London House Price Index for June finds that the strength of the market in the capital continues, leading to a new record high average asking price.