🏡 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

What the Renters’ Rights Bill Means for Landlords

Big changes are on the way for the rental market. The Renters’ Rights Bill is moving through Parliament and will reshape how homes are let across the UK. Here’s what you need to know now, and how to get ready.

CLICK HERE >

How to Price Your Home to Sell in 2025 Without Undervaluing It

The temptation to either overprice or underprice a home can lead to months of missed opportunities or leaving money on the table. But with the right data, a smart strategy, and expert guidance, you can price your home to attract serious buyers without compromising on what it’s worth.

CLICK HERE >

Tenant Selection | Why It Goes Wrong and How The Avenue Gets It Right

Lettings should feel simple, transparent and stress free, yet many landlords tell us the opposite. If you’re tired of chasing updates or repeating yourself to different people, this will help you understand why it happens and how The Avenue makes communication effortless.

CLICK HERE >

Major Reform Alert: What the 2025 Home‑Buying Process Changes Mean for You

In October 2025, a significant shift started to take shape in the UK property market, one that will affect both buyers and sellers alike.

CLICK HERE >