Renters ‘love affair’ with homeownership as strong as ever
Despite the travails of the property market post-credit crunch, Britain’s desire to own a roof, rather than rent one, remains stoically undimmed.
Despite the travails of the property market post-credit crunch, Britain’s desire to own a roof, rather than rent one, remains stoically undimmed.
The asking prices of properties coming to market in London this month increased by an average of just £136 to £515,379.
Rightmove reports a seventh consecutive monthly rise in the price of property coming to market, up by 0.3% (+£860).
Asking prices of properties coming to market in London rise by 1.1% (+£5,373) to an average of £515,243.
The national average asking price of a property coming to market is over a quarter of a million pounds for the first time.
Our infographic provides a breakdown of how prices are performing across each region and property type.
Check out our video for the latest headlines from our House Price Index, showing regional and national trends on UK property asking prices.
Buyers in the capital are facing new sellers’ average asking prices in excess of £500,000 for the first time.