Company Tag: Rightmove
Ranked: Britain’s new million-pound street hotspots
The number of residential streets with an average property price above £1m has escalated by a fifth in the last years, reports Rightmove.
Buyers are flocking to the ends of London’s commuter lines
In a reversal of last year's trend, new Rightmove data tells us that TfL Zone 6 has seen the biggest increase in property demand, while Zone 1 has seen the smallest rise compared to last year.
‘Previous records are tumbling in this extraordinary market, and there are still some legs left in the upwards march of property prices’ – Rightmove
Property portal predicts average asking prices will end this year 7% higher than they started it.
Rents rise to record levels outside London
London rents continue to fall, reports Rightmove.
Ranked: The UK’s asking price inflation hotspots of the last ten years
Easton in Bristol has seen the biggest escalation of average asking prices of anywhere in the UK since 2010, according to Rightmove.
Property searches surge in smaller communities as country escape continues
Country towns and villages are seeing a much bigger rise in property searches than major cities, reports Rightmove.
Up-sizers’ average ‘trade-up gap’ escalates to £68k
Asking price inflation for three-bedroom houses has outstripped the price growth of two-bedroom flats every year for the last five years, says Rightmove.
£1m+ house sales are ‘outpacing the market’, says Rightmove
Sales activity in the £1m+ property market "is soaring as wealthier buyers make moves to bigger houses or new locations", according to Britain's biggest property portal.
Upsizers boost larger home prices to a record high
Agreed sales of detached 4+ bedroom houses more than doubled from August 2019 to August 2020 (+104%), reports Rightmove. Sales of other three- or four-bedroom homes were up by 55%.
Homes are ‘twice as likely to sell’ if priced right from the start
New Rightmove analysis highlights the importance of decent property pricing.
More renters are looking to the Home Counties for a quieter life
The UK’s new rental hotspots are in quieter locations further from from traditional commuter hubs, says Rightmove.
Covid-19 has hit Rightmove revenues ‘ten times’ harder than other portals
Analyst Mike Del Prete has looked into Covid-19's effect on global real estate portal revenues, suggesting that the UK's number one portal has been hit significantly harder than international comparables.