Another new record for asking prices has been set Another new record for asking prices has been set

Another new record for asking prices has been set

According to a popular property portal, the average UK property price has now exceeded £350,000.

No. 996 from our magazine|2 min read| Published in Magazine on 1 April 2022 by our Marketing Team
This article is over 4 years old

Asking prices across the nation saw a hike of £5,760 in March, marking the largest increase at this time of year since 2004. *
Properties with four bedrooms or more, saw the biggest price increase in March, with values soaring by £28,619 (3.8%). In fact, if you’re considering selling your three or four-bedroom home, you could find a buyer within the first two weeks of marketing. *
As a seller, you may be wondering why prices keep rising. It’s simple: demand remains incredibly high. This spring is said to be the best-ever spring to sell your home, and it’s true. The imbalance between supply and demand is the biggest that has ever been measured at this time of year, meaning you’re likely to secure a sale quickly, for an incredible price.
 
Are you ready to secure a sale this spring? We’re ready to help. Get in touch with us to book a property valuation today.
 
*Rightmove

This article was originally published by BriefYourMarket and is reproduced here with their permission.

For more company news and insights from Pygott & Crone, click here

Latest news

Fixed-rate products: Comparing terms and understanding market options
Magazine | 21 April 2026

Fixed-rate products: Comparing terms and understanding market options

Fixed-rate mortgages dominate UK lending markets, offering payment certainty that most borrowers value highly.

Managing rent reviews under the Renters' Rights Act: Process and tribunal risks
Magazine | 21 April 2026

Managing rent reviews under the Renters' Rights Act: Process and tribunal risks

The Renters' Rights Act fundamentally changes rent review procedures, limiting increase frequency, strengthening tenant challenge rights, and creating tribunal risks for landlords implementing excessive or improperly procedural increases.

Mortgage costs vs rental costs: The affordability comparison for 2026
Magazine | 21 April 2026

Mortgage costs vs rental costs: The affordability comparison for 2026

The buy versus rent decision affects your long-term financial position significantly, requiring you to look beyond headline mortgage payments versus monthly rent figures.

Outdoor space presentation: What May sellers should focus on
Magazine | 21 April 2026

Outdoor space presentation: What May sellers should focus on

May presents optimal timing for showcasing outdoor spaces with gardens reaching peak condition through spring growth, flowering displays, and lush greenery.

Chat live

Chat live with a member of staff

Please provide your name and email address to continue.