Rightmove recently reported:
- All regions and all market sectors reach new record price highs, for only the second time since 2007
- Properties are selling faster than ever, twice as quickly as in the more normal market of 2019
- The last three months’ price jump of over £19,000 is largest seen in any three-month period since records began
- 53% of properties are selling at or over the full asking price, again the highest level ever seen
The rentals market continues unabated and is again stock-starved. The lack of available home to rent has had an impact on prices. According to recent Deposit Protection Service (DPS) research, average UK rents have increased for the sixth consecutive month. They claim that the average rents now stand at £849 a month; flats have seen the largest quarterly rise in rents, up nearly 2% .
Should you need any sales or lettings advice we would be delighted to help, contact your nearest branch today.
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Established in 1817 White & Sons are award winning independent estate agent with offices in Dorking, Reigate, Horley, Oxted & Leatherhead. We are a forward thinking business which uses cutting edge technology backed by 200 years of experience to assist with all your property related matters.