Rightmove: Asking prices edge closer to record peak

Asking prices have been driven up by the top-end of the market, Rightmove has found. But how does the situation look in your area?

View of terrace housing looking down St. Swithun's Terrace in Lewes, East Sussex
(Image credit: Getty images)

Average asking prices rose by more than £4,200 (1.1%) in the month to April thanks to growth in activity at the top end of the market, Rightmove’s latest house price index shows.

The average price of £372,324 meant the annual rate of house price growth hit 1.7%. It means the average amount sellers are seeking for their homes is sitting just £570 below the record peak the property listing website recorded in May 2023.

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Vaishali has a background in personal finance and a passion for helping people manage their finances. As a former staff writer for MoneyWeek, Vaishali covered the latest news, trends and insights on property, savings and ISAs.

She also has bylines for the U.S. personal finance site Kiplinger.com and Ideal Home, GoodTo, inews, The Week and the Leicester Mercury.