UK house prices rose by 1.5%, the biggest increase in 10 months. Data from the property website Rightmove finds that the average asking price has reached almost £370,000
An increase in buyer demand and stronger house sales during March have combined to push the average UK home’s asking price up by a further £5,279 to almost £370,000 as the market picks up after a ‘muted 2023’.
According to the UK’s biggest property website, Rightmove, this month’s 1.5% price growth is notably higher than the historical March average of 1% and is the biggest monthly increase for ten months.
Rightmove said estate agents reported a significant increase in buyer demand this month as more people were “seeing a window of opportunity to buy”.
