🏡 April 2024: House Price Index 📈

In this blog post, we're going to break down the top need-to-know information gleaned from the latest data provided by Rightmove. 📊 From trends and fluctuations to insights that could potentially impact your property journey, we've got you covered.

Here are our top 10 key facts for homeowners from the article:

1. The average asking price of property rose by 1.1% this month to £372,324, almost reaching the record set in May 2023.

2. Annual price growth is at +1.7%, the highest in 12 months.

3. The largest homes sector is driving this growth, showing its strongest start to the year for price growth since 2014.

4. Different market segments are operating at different speeds, with slower growth in sectors reliant on mortgages.

5. New sellers entering the market increased by 12% compared to last year, and sales agreed are up by 13%.

6. The largest homes sector saw the most significant increase in activity, with new sellers up by 18% and sales agreed up by 20% compared to last year.

7. March 28th saw the highest number of new sellers entering the market in 2024 so far.

8. There's a window of opportunity for potential movers due to distractions like sporting events and a potential General Election later in the year.

9. Affordability remains stretched for many buyers due to high mortgage rates.

10. Sellers are advised to price realistically for their local market to secure a sale in the current price-sensitive environment.

Ready to make informed decisions about your property journey? 💼

Don't navigate the market alone!

For tailored insights and expert guidance tailored to your circumstances, why not schedule a marketing consultation with us today?

📊 Let's work together to ensure you're equipped with the most accurate information to make confident choices.

Click start to fill in the form and your local property partner will review the information you have provided and contact you as soon as possible.

First Name

Last Name

Mobile Phone

Your Email Address

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

A Christmas Message From All of Us at The Avenue 🎄

At this time of year, homes feel a little more special. They hold the quiet mornings, the busy kitchens, the familiar corners where memories are made — and at Christmas, they become the backdrop for moments that truly matter.

CLICK HERE >

Why Communication Fails in Lettings and How The Avenue Fixes It

Clear communication should be the simplest part of letting a property, yet it’s where most agents fall short. If you’ve ever felt left in the dark or unsure who to speak to, you’re not alone. Here’s why it happens and how The Avenue gives landlords total clarity and confidence.

CLICK HERE >

Rightmove House Price Index – December 2025: What It Means as We Head into 2026

Rightmove’s December 2025 House Price Index gives us a clear picture of a market that slowed towards the end of the year — but one that is quietly setting itself up for a stronger start to 2026.

CLICK HERE >

From Introduction Only to Fully Managed When ‘Saving Fees’ Costs More Than You Think

Lower fees, more control, fewer commitments. But what many landlords don’t realise is how much responsibility still sits with them. Over time, small gaps in management quietly turn into stress, cost and risk — usually when it’s least convenient.

CLICK HERE >