Property asking prices by region
Updated on 20 April 2009
Property asking prices rise for the third month in a row, according to figures from property website Rightmove, suggesting that house prices may have reached a floor.
Rightmove reported prices jumping by 1.8 per cent since March, indicating confidence in the market.
However, it stressed that many sellers were still pricing their homes too high, and there was unlikely to be a sustained recovery until mortgage availability improved.
The group added that around 16,000 sellers were reducing their asking price by at least 2 per cent each week.
The jump in asking prices added nearly £4,000 to the cost of the average home in England and Wales, leaving it at £222,077.
East Anglia saw the biggest rise in asking prices during the month, with a 5.1 per cent increase, followed by Wales at 4.8 per cent and the South East at 4.2 per cent.
Greater London was the only region of England and Wales to see price falls during the month, with asking prices dropping by 3.2 per cent.
Click on the image below to see how house prices have been affected in your region.
