Record Monthly Property Price Increase
Published / Last Updated on 21/01/2020
A 2.3% rise in house prices has been recorded by Rightmove with average house prices rising by £6,785 of properties coming to market over the last month.
Rightmove’s latest house price index show the large post-election price increase for the UK property market and over 1.3 million up by 15% from last year in buyer enquires since the election.
There has also been a rise in agreed sales by 7.4%.
Rightmove commented that the growing demand could now see first time buyers faced with high prices of properties with 2 or less bedrooms with an average increase of just below £7,000.