For those looking to move, this is the Best Ever Spring Sellers’ Market says Rightmove

For those looking to move, this is the Best Ever Spring Sellers’ Market says Rightmove

House prices hit another new record in March with the average price breaking through the £350,000 price barrier for the first time, a jump of 1.7%. Family homes of four bedrooms plus enjoyed an even bigger monthly price surge of 3.8% – the equivalent of an additional £23,619.

The chance of finding a buyer in the first week is at its highest ever and is twice as likely compared to the same period in 2019. This is the strongest spring sellers’ market that Rightmove has ever seen in several metrics – with the national average house price now at £354,564, a whopping 10.4% rise year on year.

“There’s a hat-trick of reasons for home-owners to follow the normal trend and make it their goal to sell this spring,” says Rightmove’s Director of Property Data Tim Bannister. “Firstly, the potential to achieve a record price for their property. Secondly, the imbalance between high buyer demand compared to low available property supply is the greatest that we have ever seen for the start of a spring market, meaning that the chance of being able to pick and choose between several suitable buyers is strong. Thirdly, the proportion of properties finding a buyer within the first week is also at an all-time high for this time of year, so sellers with an appropriately priced and well-presented property can expect a shorter marketing period than the norm. Those who weren’t ready to take advantage of last year’s rush now have another chance to get on the market while these conditions last.”

Read Rightmove’s latest House Price Index report in full.

If you live Gloucestershire, Oxfordshire or Wiltshire and are considering a move this Spring, get in touch with your friendly and knowledgeable Perry Bishop team.

If you’re just curious at this stage to find out an approximate valuation of your home click here.

We care about property. We care about you.


Get in touch with us

Buyers have plenty to compare this autumn, which makes the way a home enters the market increasingly important. A strong first impression, realistic price and thoughtful presentation can all help attract the right attention.

In our latest market update, Phillip Bishop, Managing Director of Perry Bishop, shares his thoughts on the market, why the weeks ahead can bring renewed opportunities for buyers and sellers, and what really makes the difference when it comes to achieving a successful sale.

A fresh coat of paint can help, but missing paperwork can delay a sale for months. Use August to prepare the information buyers and solicitors will need before an offer is agreed.

Scrolling property portals is useful, but registering with an estate agency can give buyers a more personal, proactive search experience, especially when the right home is about to come to market.