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Average asking price rises 1.4% to a record high in April




The average price of a property coming to market for sale increased by 1.4% (£5,312) this month, rising to a record £377,182, according to Rightmove’s HPI for April 2025.

The property firm said that this was a larger-than-usual April price despite a decade high for the number of homes for sale for the time of year, and that movers may have adjusted to stamp-duty increases.

House prices also are also ahead by 1.3% from last year.

The report noted that agreed sales held steady despite the stamp-duty deadline, with many buyers pushing through even after missing it. However, the queue of completions eased by nearly 24,000 as others successfully beat the deadline.

Meanwhile, new buyer demand increased by 5% compared to last year with the number of new sellers coming to the market rising by 4%.

According to Rightmove, the resilience of the British property market is set to be further tested by trump’s tariffs on the UK economy over the coming weeks and months, while buyers may see an affordability boost if the BoE reduces bank rate in May.


Commenting on the data, Sara Palmer, sales and distribution director at Shawbrook retail mortgages, said: “House prices have continued to blossom despite the stamp duty deadline coming to a firm close at the end of March.

“Key to this was the number of sales being agreed and the number of new sellers, which both increased in April despite wider economic uncertainty. Homebuyers appear to have moved past expectations of mortgage rates falling further and are instead focused on moving forward with property plans.

 “It’s encouraging to see the property market remain resilient but we’re likely to see this activity start to slow in the coming months as first time buyers are hit with an extra cost.

“While the government’s homebuilding targets will certainly help alleviate demand for housing and ease affordability concerns, this does little to help first time buyers in the short term.

“With this in mind, hopeful homebuyers should make sure to keep an eye out for any further announcements from the government and consider speaking to a mortgage broker for clarity on pathways to homeownership.”

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