The average price of a property coming to market in September is £234,858, which is virtually the same as new sellers’ prices in September 2007 despite changing market conditions, data from Rightmove’s latest house price index has revealed.
However, data published by the firm highlight that today’s market conditions are patchy, localised and vary markedly for the different buyer and seller segments and within these are groups of winners and losers.
Rightmove listed the winners as being home-owners in London and the south, the cash-rich and buy-to-let investors.
New seller prices in London have outperformed every other region over the last five years, up by 18.7 per cent, while the remaining territories in the south are all in positive territory.
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