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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Increase exceeds historical trends for this time of year
Average house prices in March increased by 1.5% or £5,279 to reach £368,118, according to Rightmove’s latest house price index.
This represents the largest monthly increase for 10 months, which Rightmove has said signals the continued recovery of the housing market after a muted 2023.
This 1.5% increase surpasses the typical average rise observed in March, which historically stands at 1%. Year-on-year house prices have increased by 0.8%.
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