House sellers’ asking prices have soared to a new high, in further signs of confidence returning to the market, a property website has reported.
A 2.1% month-on-month rise pushed average prices to £249,841 this month, with new record prices set in London, the South East and East Anglia, according to Rightmove.
This has been the strongest start to the year since 2004 in terms of asking prices, with average prices rising by 9.1% or more than £20,000 in 2013 so far, the website said.
London asking prices surged past the half a million pound milestone for the first time this month, standing at £509,870 typically.
As well as being more than double the national average, asking prices in London were 8.6% higher than a year ago.