Market Index

"It can’t and won’t continue like this," says Tim Bannister, Rightmove’s Director of Property Data, "but with the demand and supply imbalance being so out of kilter, it looks like any substantial…

HMRC's latest property transaction figures show the market settling into a "new normal", after two years of Covid-induced volatility.

"It is encouraging that a little more stock appears to be returning to the market," says the RICS' chief economist.

Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital.

London property prices jumped by 2.2% in February, as the national annual rate of house price inflation climbed to +10.9%.

Knight Frank's latest indices tell of rising prices and plenty of activity in prime London's sales and rental markets.

44% of global cities saw average house prices surge by more than 10% in 2021.

Average rental values in prime London have surged by 11.1% in the last year, reports Savills, pushing both houses and flats above pre-pandemic levels.

Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year.

It's been a busy start to the year for the property market, with some 30% more sales agreed in Q1 than in pre-pandemic times.

"It’s owner-occupiers rather than investors who are likely to continue driving off-plan sales in 2022," suggests Hamptons.

The official UK House Price Index tells us that average property prices increased over the year to January; in England to £292,000 (9.4%), in Wales to £206,000 (13.9%), in Scotland to £183,000 (10.