The average price tag on a home has hit a new record high for the third month in a row – pushing over the £360,000 mark – according to Rightmove. Over the past three months, the average asking price has surged by £19,082 – the biggest cash jump recorded by the property website in any three-month period since its records started.
It said the average asking price has jumped by £5,537 in the past month alone. Across Britain, the average asking price for a home in April is now £360,101, up from £354,564 in March.
More than half (53%) of properties are selling at or over their final advertised asking price, amid high demand for a limited stock of properties, the website added. It is the highest percentage Rightmove said it has ever measured.
