Biggest ever monthly price jump sets new record high as movers fear missing out

February 22, 2022

Price of property coming to market rises by 2.3% this month (+£7,785) to a record of £348,804, the biggest monthly jump in pounds recorded by Rightmove in more than twenty years.

Prices are now 9.5% higher than a year ago, the highest annual rate of growth since September 2014.

More potential buyers are sending enquiries to agents, with the number 16% higher than this time last year.

New property listings are up 11% compared to the same period last year, suggesting more sellers are coming to market before looking for a property to purchase, to avoid missing out on their next home.

OneAgency offer FREE valuations for your property. We cover the whole of Stoke-on-Trent and surrounding areas. If you would like to arrange a valuation, simply click 'Book a Valuation Now' on our website.

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