The Latest Breaking News from Rightmove

Over one third of London’s boroughs have seen sellers up their asking prices when bringing new homes to market

The biggest single fall was in Westminster, where the average cost of a home plummeted almost 21% to £877,733

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“There are many great reasons to come and live in this stunning garden maisonette on Eton Avenue, but the fact that my mum lives three doors away has to be the top one," wrote agent Michael McHale in his listing for a three-bedroom property in Belsize Park

Rightmove said 2024 is the year when ‘we think there will be a much smaller increase in advertised rents’.

Rightmove says average advertised price outside London is up 9.2% on a year ago despite fall in some regions

On average, homes listed in February have taken 51 days to find a buyer, the property website said.

The one-bedroom property comes with its own ghost and a free National Trust tenant pass

Agents reported a rise in buyer enquiries, but cautioned sellers to price competitively as cost-of-living crisis continues

Cheaper mortgages and anticipation of interest rate cuts are predicted to lead to jump in transactions

Tthe average price of a property coming on the market increased by 1.3% or £4,571 month-on-month