First-time buyers were expected to fork out an average of almost £220,000 for their home this month.
The average asking price for a home typically bought by a first-time buyer* was £218,201, according to Rightmove monthly House Price Index. The index – and largest monthly sample of residential property prices – also revealed soaring house prices.
The UK average house price reached a record £354,564 this month, a year-on-year increase of 10.4% and the greatest rise since June 2014. The average Yorkshire house price was £230,935, a year-on-year increase of 12.4%.
