What is happening with UK House Prices?... 💹
#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk
📸 Lead image: Stunning 2 bedroom apartment in the heart of Nottingham’s prestigious Cathedral Quarter | Guide Price £295,000 | Full details here 📸
Latest Sales Market news and stats from Rightmove's House Price Index 🔢below:
✅ Price growth slows as stamp duty deadline looms, but activity remains robust
✅ The average price of property coming to market for sale rises by 0.5% (+£1,805) this month to £367,994, a muted price rise
for this time of year as new sellers lower price expectations, due to the looming stamp duty deadline and high competition
✅ The number of available homes for sale is at a 10-year high, moderating the New Year price surge
✅ The stamp duty deadline will impact some regions and movers more than others, with a conveyancing log-jam expected:
✅ There are more than 550,000 homes sold yet awaiting legal completion, 25% more than at this time last year
✅ First-time buyer purchases between £500,001 and £625,000 are most affected, with an extra £11,250 at risk for
this group if the deadline is missed, with a log-jam expected as some scramble to complete before March 31st
✅ Moving activity remains robust after the first full month of 2025 compared to a year ago, with the number of new
sellers coming to market now 13% ahead, buyer demand 8% ahead, and sales agreed numbers up by 15%
✅ Slower price rises are supporting underlying activity levels, with no major drop-off in activity expected from April
✅ January was a record month for applications for a Mortgage in Principle on Rightmove, 49% more than January 2024
✅ Global and economic news continues to affect market sentiment and outlook, with attention turning to upcoming inflation
and earnings figures. While mortgage rates remain high, they are now on a downward trend
For the full HP Report from Rightmove, click here for a PDF download 📩
Wouldn't it be good to know the value of your home in today's market? Contact Lisa (lisa.dahl@cavendishproperty.co.uk) for an up-to-date valuation (or complete the form opposite ➡️).
📸 Lisa Dahl-Parsisson, Head Valuer and Asset Manager at Cavendish Residential 📸
📸 Lead image: Stunning 2 bedroom apartment in the heart of Nottingham’s prestigious Cathedral Quarter | Guide Price £295,000 | Full details here 📸
☎📧🗨
🌟 Instant online valuation (immediate response, 60-70% accurate)... Click here 🌟
🌟 Remote consultant valuation (24-hour response, 80-90% accurate)... Click here 🌟
🌟 Face-to-face visit (time to suit you, 100% accurate)... Email expert valuer lisa.dahl-parsisson@cavendishproperty.co.uk to get started 🌟
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